NEW YORK, July 31 /PRNewswire-FirstCall/ -- BNY ConvergEx Group, LLC, a
leading provider of global agency brokerage and investment technology
solutions, today announced that it is continuing the expansion of its US Sales
and Trading business with senior appointments in its equities, options, fixed
income and transition management desks.
ConvergEx is enhancing its multi-asset trading capabilities with the
appointments of Charles D. Warner, Senior Vice President, Fixed Income
Trading; Sean M. Wagner, Senior Vice President, Portfolio Trading; David V.
Lenahan, Senior Vice President, Equity Trading; Michael Omilinsky, Vice
President, Options Trading; and Jeffrey A. O'Brien, Senior Vice President,
Transition Management Sales.
Joseph M. Velli, Chairman and Chief Executive Officer of BNY ConvergEx
Group, commented, 'The expansion of our global sales and trading franchise is
an ongoing strategic initiative for ConvergEx that is crucial to meeting the
investment needs of our clients and another strong indication of our
commitment to growth. I am extremely confident that our clients in the US and
throughout the world will benefit significantly from their appointments.'
'Each of these appointments brings an abundance of sales and trading
expertise and a wealth of relationships in the US and international
institutional investment community to ConvergEx,' stated Carey S. Pack, Chief
Executive Officer, BNY ConvergEx Execution Solutions. 'This targeted
investment in our equity, fixed income, options and transition management
businesses will enable us to better serve our clients by broadening the
product and sector expertise that we can bring to them.'
ConvergEx recently attained record-breaking equity trading volume growth
and market share across a number of different market centers and other
execution venues, as demonstrated by the doubling of ConvergEx's average daily
volume at the New York Stock Exchange since the first of the year. ConvergEx
also tripled its percentage of NYSE market share during the same time frame,
which has led to a significant move up the NYSE's Broker Volume Top 10
rankings.
About BNY ConvergEx Group
BNY ConvergEx Group, LLC provides global institutional agency brokerage
and investment technology solutions to institutional clients worldwide. The
Company's key business lines -- Liquidity and Execution Management, Investment
Technologies and Intermediary and Clearing Services -- focus on a broad array
of services designed to deliver a comprehensive, integrated platform of
performance-driven, global multi-asset class trading capabilities. BNY
ConvergEx Group is comprised of the following businesses: BNY ConvergEx
Execution Solutions LLC (member NYSE/FINRA/SIPC), including BNY Global
Transition Management and LJR Recapture Services; LiquidPoint, LLC (member
CBOE/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC);
Westminster Research Associates LLC (member FINRA/SIPC); G-Trade Services LLC
(member FINRA/SIPC); BNY Jaywalk LLC; ConvergEx Global Markets Ltd. and Eze
Castle Software LLC. BNY ConvergEx Group is an affiliate of The Bank of New
York Mellon Corporation. Additional information is available at
www.bnyconvergex.com.
SOURCE BNY ConvergEx Group, LLC
