Broker-dealer launches futures trading desk

EW YORK--(BUSINESS WIRE)--BTIG, LLC, a broker dealer specializing in institutional trading and related brokerage services, today announced it has launched a Global Futures Trading Desk, led by Robert Gagnon, who joins as Head of Futures Sales and Trading. The Global Futures Trading Desk will include new hires Suraj Raythatha and Allison Carley.

BTIG’s Global Futures Trading Desk provides customizable, real time solutions that align with institutional client demand for discreet execution and unique post-trade requirements. The high-touch, value-added execution desk is staffed by traders with an average of more than 10 years of experience in futures, and provides access to 35+ global markets and more than 1,500 products. This includes specialty markets such as the London Metals Exchange (LME) and the energy complex, both listed products and OTC.

“Of the 1,800 institutional clients that trade with us, many are very active in the futures market,” said Steven Starker, Co-Founder of BTIG. “We are here to serve our clients’ needs with high-touch service – if futures is an area where they need attention and focus, we want to provide that service. As portfolio managers become more sophisticated and attentive to risk and risk management, tools like the use of futures will likely continue to rise.”

Prior to joining BTIG, Gagnon was at RBC Capital Markets, where he was Director of Sales for Futures and Commodities. Over a 20-year career working in Canada, Asia and New York, Gagnon has managed businesses in FX, e-FX and futures at the Bank of Montreal, State Street Bank and Morgan Stanley. Gagnon has an MBA from the Schulich School of Business in Toronto and a HBA in Economics from Queen's University in Canada.

Raythatha joins BTIG as a Vice President and also comes from RBC Capital Markets, where he was a Base Metals Sales Trader in the Futures division. He also worked in RBC’s Toronto and Calgary offices in the Equity Sales Trading and Energy Equity Research groups covering Canadian E&P producers. Raythatha is a CFA charter-holder and has an MBA and HBA in Finance from the Richard Ivey School of Business at the University of Western Ontario in Canada. Prior to completing his MBA, he worked for four years as a financial and business analyst at Suncor Energy in Calgary, Canada.

Carley joins BTIG as a Director, focusing on the sales and trading of energy instruments. Prior to BTIG, Carley was with Tullett Prebon Americas Corporation, where she was a member of the oil products and biofuels team focusing on physical and financial ethanol and RIN brokerage. Prior to Tullett Prebon, Carley brokered oil products, including heating oil and gasoline, at the London-based Spectron Energy, a subsidiary of the Imarex Group. She began her career in energy trading at Hess Energy Trading Company, a proprietary trading company affiliated with Hess Corp. Prior to her employment at Hess, she was an equity trader at Citigroup. Carley graduated from Wesleyan University with a BA in Economics.

“Our institutional clients need high touch service, combining specialized execution services on an agency basis, with advanced technology solutions. To meet this demand, BTIG offers access to more than 35 global markets, industry leading trading algorithms, and universal connectivity to the majority of client OMS/EMS platforms,” said Gagnon. “We have partnered with the best technology providers in the business to offer seamless straight through processing solutions to complement our execution capabilities.”

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 11 areas: Equity Trading, Fixed Income, Futures Trading, Convertible Securities, Equity Derivatives, 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, Norwalk and Orinda. The firm also has four overseas affiliates: London, Hong Kong, Singapore and Sydney.

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