Greg Voetsch and Charles Galligan have both joined the firm as CEO of ConvergEx Execution Services and head of program trading, respectively. Oliver Sung comes onboard in September as head of US electronic execution.
Voetsch, formerly an executive vice president at Knight Capital Group and most recently managing director and head of equity capital markets at Janney Montgomery Scott, will manage all ConvergEx equity execution businesses, including high-touch, U.S. electronic execution, American depository receipt (ADR), international execution, sell-side smart order routing, recapture services, and ATSs.
Galligan, meanwhile, was director of electronic and program trading at Canaccord Genuity before which he served as electronic trading group manager at Piper Jaffray, and spent 17 years at Bear Stearns building and managing their program trading, electronic trading and commission management units into significant and profitable businesses.
Sung comes to ConvergEx Group from Bank of America Merrill Lynch (BAML), where he developed next-generation trading algorithms, and was also previously at Bear Stearns as well as UBS.
“These new leaders are extremely talented, experienced and excited to help build ConvergEx,” says Eric Noll, ConvergEx Group president and CEO. “Greg, Charlie and Oliver will not only be dynamic managers of their own areas of responsibility, but as members of the ConvergEx Executive Committee, they will be instrumental in developing new ideas and setting the agenda as we continue to innovate and expand our offering for our clients.”
All three will be based in New York.
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