New York (HedgeCo.net) – Institutional trader, broker dealer and hedge fund related brokerage services company, BTIG, has appointed 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.”
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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