13 July 2010
NEW YORK - Macquarie Securities Group, the institutional equities arm of Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY), today announced that it has hired six senior equities sales traders to further widen its trading operations in New York, San Francisco and London.
In New York:
Macquarie Securities Group will grow its West Coast equity trading desk with the addition of the following individuals, who will both be based in San Francisco:
Macquarie Securities Group will establish its first London US equity trading desk with the addition of the following individuals, who will both be based in London:
"These hires are a further demonstration of our commitment to building a world-class equities platform with a full range of product offerings," said Graham Copley, Senior Managing Director and Head of US Equities. "We have made a strategic investment in building our US research coverage to where we now have 42 US analysts covering approximately 524 stocks across 24 sectors. Significantly strengthening our trading capabilities will allow us to deliver that content to our clients in order for them to seamlessly capitalize on trading opportunities in the market."
Macquarie Securities Group has over 425 sales professionals covering 2,000 clients in 26 financial centers globally. The firm has more than 350 equity research professionals covering approximately 2,700 stocks and is ranked #8 globally for number of companies under coverage.
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries and employs more than 14,600 people. Assets under management total approximately US$299 billion at March 31, 2010. For more information, visit http://www.macquarie.com.
About Macquarie Securities Group
Macquarie Securities Group, the institutional equities arm of Macquarie Group, comprises two divisions: The Cash Division operates as a full service global institutional cash equities broker. It provides Equity Capital Markets through a joint venture with Macquarie Capital Advisors. The Derivatives Delta1 Division combines the Group's institutional and retail derivatives, corporate action trading, arbitrage trading, synthetic products and global securities finance activities. Macquarie Securities Group operates in the US as Macquarie Capital (USA) Inc., a member of FINRA and SIPC.