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October 1, 2013

Matt Montana Joins Deutsche Bank

A look at the equity industry's prominent hires, promotions and other notable happenings around Wall Street's trading community

By By Editorial Staff

Deutsche Asset & Wealth Management hired Matt Montana as a managing director and head of equity trading, Americas. The position is new. Montana joins from Bank of America Merrill Lynch, where he spent 25 years in the New York and London offices in senior trading roles, most recently as a managing director in charge of non-dollar sales and trading. He is based in New York and reports to Joshua Friedberg, head of trading, Americas.

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Veteran market-making executive Ed Coughlin joined the execution services department of Nasdaq OMX Group, where he has responsibility for the exchange operator's cash equities and options markets. Coughlin spent 17 years at wholesaler Bernard L. Madoff Investment Securities until that firm shut down in 2009. He then spent the next two years at Surge Trading as head of automated market making.

Michael Gray joined Macquarie Securities as a managing director and head of international sales trading. Gray spent the last 27 years with Morgan Stanley. There, he was a managing director responsible for international equity sales trading.

Macquarie Securities hired Liz Hunter as a senior vice president in cash trading. Hunter was most recently a director in cash equities at Bank of America Merrill Lynch. There, she focused on large-cap financials and held other senior trading roles in small-cap financials, technology, media and telecommunications, according to Macquarie.

Tom Fasulo joined the institutional brokerage International Correspondent Trading in Jersey City, N.J., as a sales trader. Fasulo previously spent about 14 years at the now defunct Knight Capital Group in Jersey City in a similar capacity.

Veteran options and futures trading executive Jay Knopf joined Maxim Group. Knopf spent about 20 years at Spear, Leeds & Kellogg and nine years at Goldman Sachs, including its predecessor Hull Trading. Recently, he has done stints at Cowen & Co. and Newedge.

Sean Maloney joined Alabama's Sterne, Agee & Leach in the firm's Boston office as a sales trader. Maloney held a similar position at Knight Capital Group for 10 years.

Electronic trading veteran Stephen Blatney joined bond brokers KGS Alpha in New York as an equity trading executive. Blatney was most recently with PE Source, a joint venture between private shares research shop Greencrest Capital Management and Knight Capital Group. Before that Blatney spent four years as head of electronic trading at now-defunct Thomas Weisel Partners.

Oppenheimer & Co reorganized its equity trading department. Doron Barness is now head of New York institutional equity sales trading. Barness joined Oppenheimer in May from Goldman Sachs as a managing director and senior sales trader.

Oppenheimer also promoted David Laufer and Anthony Mazzella to co-heads of cash equity trading. Laufer joined Oppenheimer last year as a senior technology, media and telecommunications trader after short stints at Merrill Lynch and Canaccord Genuity. Prior to that he spent nine years at BMO Capital Markets. Mazzella has been with Oppenheimer and its predecessor company CIBC World Markets for 19 years. He has spent much of that time as senior trader of life sciences and biotechnology stocks. All three executives continue to report to Peter Feinberg, Oppenheimer's head of equity trading.