Post-Milstream, Former Liquidnet Executive Hired to Save Pipeline

Jay Biancamano, executive chairman, Pipeline Trading

If ever a customer base was calling for absolute honesty, it is Pipeline Trading’s. Jay Biancamano says he’s up for it. "I'm nervous every day," says Pipeline's new executive chairman. "[Tonight Show host] Johnny Carson used to throw up every night before he went on stage. But being nervous brings the best out of people. I'm up for the challenge."

And what a challenge it will be. On October 24, the US Securities and Exchange Commission (SEC) charged the crossing network with failing to disclose

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