BTIG Expands Global Equities With Appointment of Michael Nethercott As Director
New York – August 10, 2010 – BTIG, a broker dealer specializing in institutional trading and related brokerage services, today announced the appointment of Michael Nethercott as a Director in Equity Sales Trading. Nethercott joins BTIG from Lighthouse Financial Group, where he was part of the firm’s agency focused execution desk.
Prior to Lighthouse Financial Group, Nethercott was with Bear Stearns for eight years. While at Bear Stearns, Nethercott was part of an enterprising group that started an internal agency only desk for the firm’s clients. He started his career at Olstein & Associates, where he spent two years as a trader.
“We are happy Michael chose BTIG’s platform to continue covering his clients. We continue to attract top talent to our sales and trading business. Michael brings with him expertise and long-term institutional relationships which is what has defined BTIG,” said Richard Blank, Managing Director and Global Head of Equities at BTIG. “Michael underscores our commitment to providing our institutional clients with access to some of Wall Street’s most talented traders.”
Nethercott’s appointment is the latest step in BTIG’s global expansion. BTIG’s Global Equities team, led by Blank, now has more than 70 sales traders and will continue to look for talented professionals like Nethercott.
“Moving to BTIG was an easy decision for me. They offered me a better platform to serve my institutional relationships, BTIG has the leading market share among agency focused players,” added Nethercott. “I am thrilled to be joining the organization and I am excited about the vast resources I can now share with my clients.”
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
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