Macquarie makes senior U.S. equities distribution and trading appointments
New York, 15 Jun 2015
Macquarie Securities, the institutional equities arm of Macquarie Group (“Macquarie”) (ASX: MQG; ADR: MQBKY), today announced two appointments in its US equities sales and trading business.
Joseph “JT” Cacciabaudo will join as a Managing Director overseeing Macquarie Securities’ US execution platform, including its sales trading and trading effort. With more than 22 years of industry experience, he joins from Sterne Agee, where he was head of equity trading and institutional options. He previously served as Co-Head of US Cash Equity Trading at Citigroup and has a track record of success in building and managing equity desks for both global and medium-sized firms.
Peter McQuaid will join as a Vice President in equities trading. Mr. McQuaid has more than 22 years experience and brings specific knowledge in the industrial and energy sectors, together with key institutional relationships. He was most recently at Sterne Agee, where he was Head Trader, and he has held senior trading roles at Jefferies and Credit Suisse.
Austin Graham, Managing Director and Co-Head of US Equities said: “I’m delighted to welcome JT and Peter to our US equities platform. Their extensive experience in sales trading and trading, as seen in their industry knowledge and commitment to client service, extends the capabilities of our execution platform and further advances our growing equities business.”
About Macquarie Group
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. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in 28 countries, employs more than 14,000 people and has assets under management of more than $370 billion (as of March 31, 2015).
Macquarie Securities Group operates as a global institutional securities house covering sales, research, ECM, execution and derivatives activities, and offers full-service cash equities in Australia, Asia, South Africa and Canada with specialized offerings in the US and Europe. Macquarie Securities Group operates in the US as Macquarie Capital (USA) Inc., a member of FINRA and SIPC. Further information can be found at www.macquarie.com/whiteboard.