Win Some/Lose Some: Jefferies & Co.'s Investment Technology Group (ITG) has snagged a founder of Instinet Corp.'s Crossing Network, Mike Neumark, for "special projects."

Meanwhile, ITG salesman William Pasqua has moved to Buffalo Securities Inc. to organize a state-of-the-art trading-room facility. Buffalo is owned by the well-chronicled trader John Mulhern--who doesn't trade with Ivan Boesky anymore.

Capital Management Sciences has named the directors of its BondEdge users' group. Kelley Lewis of

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