BTIG, a global financial services firm specializing in institutional trading, investment banking, research, and related brokerage services, has once again added to its growing Fixed Income unit in New York, this time securing Michael Stewart and Michael Di Felice, per a BTIG statement.

Last month, BTIG added a trifecta of specialists to its Fixed Income Credit Group, including John Agnew, Drew Hall, and Evan Jones. Its latest hiring round includes Michael Stewart and Michael Di Felice, who have joined the firm within the Fixed Income Credit Group as well.

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Continued Expansion

In his new role at BTIG, Mr. Stewart will serve as a Managing Director within the Fixed Income Credit Group, where he will focus on trading convertibles and selling. He joins the unit with over two decades of experience in the institutional fixed income sales and trading space, including a similar role at Seaport Global Securities, Jefferies, and Barclays.

By extension, Mr. Di Felice lands at BTIG as a Director within the Fixed Income Credit Group – his mandate will see him focus on distressed debt, high yield and convertible bond sales. Previous stops include positions as the Senior Vice President of Fixed Income Sales at GMP Securities.

Both individuals will be based out of New York, reporting to Darren Haines and Drew Doscher, Co-Heads of the Fixed Income Credit Group at BTIG respectively. According to Mr. Doscher, in a statement on the hires: “Michael Stewart and Michael Di Felice are welcome additions to our team as we continue to aggressively invest in our platform. Given the rapidly-changing market conditions, it is imperative that we are appropriately staffed to create solutions for decision-makers across our institutional investor client base.”