BTIG Adds to Outsource and Electronic Trading Client Coverage Teams in Dallas10.19.2016 By John D'Antona Editor, Traders Magazine
BUSINESS WIRE —BTIG, LLC announced today that it has expanded its Outsource and Electronic Trading Groups in Dallas, Texas. Marshall Kovalik, Managing Director, and Andrew Weinberg, Vice President, both of BTIG’s Outsource Trading Group, and Darren Pearsall, Managing Director, and William Thatcher, Vice President, both of TradeSaveTM, BTIG’s Electronic Trading Group, are now servicing clients out of the firm’s Dallas location.
Marshall, Darren and William all recently relocated from the firm’s San Francisco office, where they have been actively involved in client service and the build out of the Outsource and Electronic Trading offering. “As BTIG relocates some of our most experienced talent to the Dallas office, we continue to prove our dedication to serving the needs of our growing client base in Texas,” said Tracy LaPietra, Managing Director and Head of BTIG’s Dallas office. “We are excited about the impact that our team members will have on new and existing users of our Outsource and Electronic Trading platform.”
Marshall Kovalik has nearly 20 years of industry experience. He joined BTIG in 2005. With experience in both institutional sales and trading, Marshall’s primary focus is providing Outsource Trading client coverage. Prior to BTIG, he was an Equity Market Maker at Spear, Leeds & Kellogg, Montgomery Securities and Banc of America Securities between 1995 and 2002.
Andrew Weinberg recently joined BTIG’s Outsource Trading Group. Prior to BTIG, he was a global equity trader at Inverdale Capital and PineBridge Investments. Andrew began his career as a trader at Jefferies.
Darren Pearsall joined BTIG’s TradeSaveTM Group in 2004 through the acquisition of SFO Trading. Throughout his twelve years with the firm, he has acted in a number of electronic trading roles with increasing responsibility. Earlier in his career, Darren spent time as a trader and client service representative at Altech and E*TRADE Financial respectively.
William Thatcher joined BTIG’s TradeSaveTM Group in 2014. He has over 20 years of industry experience. Prior to BTIG, William held a number of sales and client service roles, most recently as a relationship manager at RealTick and previously with the NYSE/ARCA. Earlier in his career, he also acted in similar roles at Archipelago, Optimark Technologies and Mitchum, Jones & Templeton.
“As a firm, we continue to evolve to address shifting demands and mandates in key markets,” said Richard J. Blank, Jr., Head of Global Equities, at BTIG. “We are confident that with a greater presence in the Texas region, BTIG will be better positioned to deliver best-in-class service to an expanding market.”
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