BTIG Continues Expansion of London-Based Team – Hires David Abraham, Andrew Rosen, Julie Beecher and Adam Bergenfield

London – 11 October, 2010 – BTIG Ltd., a broker dealer specialising in institutional trading and related brokerage services, today announced the expansion of its London-based team with the addition of four new sales and trading professionals: David Abraham, Andrew Rosen, Julie Beecher and Adam Bergenfield. They join a team of more than 30 professionals led by Gary Hayes, CEO of BTIG Ltd.

“We continue to invest in building out our team in London and are dedicated to providing our clients with access to talented and experienced sales and trading professionals,” said Hayes. “Our latest hires underscore our commitment to the European market and demonstrate the level of talent that we have been able to attract.”

With 16 years of buy-side and sell-side experience, Abraham joins BTIG as an event driven analyst from FBR Capital Markets, where he set up an event driven desk in 2009. Prior to FBR, Abraham was an event driven portfolio manager and partner at multi-strategy hedge fund Merebis Capital after being a partner and investment manager at Titanium Capital’s Global Event Driven Fund. Abraham began his career as an equity analyst at Goldman Sachs and NatWest Securities. He graduated from the European Business School in London with an honours degree in business.

Rosen joins BTIG as an Emerging Markets Sales Trader. Prior to BTIG, Rosen spent nearly 8 years building a sales trading operation at State Street Global Markets in London, working with institutions and hedge funds in London, New York and Boston. He started his career in 1983, joining Simon & Coates stockbrokers and working on the floor of the London Stock Exchange before joining Smith Brothers in 1986. Rosen spent 9 years at Lehman Brothers in London and New York, sales trading and trading the UK, European and Asian markets before starting the emerging markets desk in 1993, where he built a sales trading and trading business focusing on EMEA and South East Asia.

Beecher joins BTIG as an Emerging Markets Sales Trader. She has 20 years of buy-side and sell-side experience, having started her trading career in 1989 dealing for a major hedge fund. She then joined TT International. In 2001, Beecher joined Execution Noble as a founding partner focusing on pan-European equities trading before building Execution Noble’s European-based emerging markets effort.

Bergenfield joins BTIG as an Equity-linked Sales Trader. Prior to joining BTIG, Bergenfield was on the buy-side in New York, where he was an analyst and trader for Penso Capital Markets’ Global Macro Fund. He also spent several years at Kellogg Specialist Group, a NYSE specialist firm, where he ran a proprietary trading strategy and assisted in developing equity market-making algorithms for the floor traders.

“The addition of David, Andrew, Julie and Adam to our team closely follows the launch of our new Fixed Income Emerging Markets team in London, and demonstrates the proactive steps BTIG is taking to ensure that we can meet the needs of our growing number of Europe-based clients,” Hayes added.

About BTIG

BTIG LLC is a premier institutional brokerage and fund services company. BTIG continues to build its global franchise around a broad and experienced group of professionals who are leaders and experts in their respective fields. Founded in 2002, BTIG, including through its affiliates, employs more than 400 professionals in 5 different countries. BTIG serves customers from all over the world and offers services in nine areas: Equity Trading, Fixed Income, Convertible Securities, Prime Brokerage, Outsource Trading, Direct Market Access, Capital Markets, Equity Research and Corporate Access. BTIG has ten domestic offices: New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Aspen and Orinda. The firm also has four overseas affiliates: London, Hong Kong, Singapore and Sydney.

BTIG LLC is a member of FINRA and SIPC

BTIG Australia Limited ACN 128 554 601 is a member of ASIC and ASX

BTIG Hong Kong Limited, Exchange Participant of SEHK, licensed and regulated by the SFC

BTIG Ltd is a member of the LSE and is authorized and regulated by the FSA

BTIG Singapore Pte. Ltd is registered and licensed with MAS

MEDIA CONTACTS:
Caroline Harris at 212.279.3115, ext. 222
Kelsea Michael at 212.279.3115, ext. 231, [email protected]
Peter Tarrant at 212.593.7560, [email protected]