Macquarie Securities Bolsters Its US Equities Team with Two Hires
- Macquarie Securities has secured the services of Joseph Cacciabaudo and Peter McQuaid to help steer its US equities business.
Macquarie Securities, the institutional Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term subsidiary of Macquarie Group, has made two new senior two appointments to its US equities sales and trading business, according to a Macquarie statement.
Macquarie Securities has secured the services of Joseph Cacciabaudo, who will join the group as its newest Managing Director, where he will oversee its US Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term platform. In addition, his mandate will be the management including the US platform’s sales trading and trading effort.
Mr. Cacciabaudo joins Macquarie with more than two decades of industry experience – his most recent stop was Sterne Agee, having worked as its head of equity trading and institutional options. He also worked in Citigroup in a variety of equities-specific roles.
Alternatively, Peter McQuaid will also join Macquarie as its newest Vice President in Equities Trading. Mr. McQuaid has also garnered over two decades of experience, namely in the institutional realm – previous stops include Sterne Agee, Jefferies, and Credit Suisse.
According to Austin Graham, Managing Director and Co-Head of US Equities, in a recent statement on the appointments, “I’m delighted to welcome JT and Peter to our US equities platform. Their extensive experience in sales trading and trading, as seen in their industry knowledge and commitment to client service, extends the capabilities of our execution platform and further advances our growing equities business.”
Macquarie Group is a provider of banking, financial, advisory, investment and funds management services. More specifically, Macquarie Securities Group also oversees a number of institutional securities houses covering sales, research, ECM, execution, and derivatives activities.
Macquarie Securities, the institutional Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term subsidiary of Macquarie Group, has made two new senior two appointments to its US equities sales and trading business, according to a Macquarie statement.
Macquarie Securities has secured the services of Joseph Cacciabaudo, who will join the group as its newest Managing Director, where he will oversee its US Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term platform. In addition, his mandate will be the management including the US platform’s sales trading and trading effort.
Mr. Cacciabaudo joins Macquarie with more than two decades of industry experience – his most recent stop was Sterne Agee, having worked as its head of equity trading and institutional options. He also worked in Citigroup in a variety of equities-specific roles.
Alternatively, Peter McQuaid will also join Macquarie as its newest Vice President in Equities Trading. Mr. McQuaid has also garnered over two decades of experience, namely in the institutional realm – previous stops include Sterne Agee, Jefferies, and Credit Suisse.
According to Austin Graham, Managing Director and Co-Head of US Equities, in a recent statement on the appointments, “I’m delighted to welcome JT and Peter to our US equities platform. Their extensive experience in sales trading and trading, as seen in their industry knowledge and commitment to client service, extends the capabilities of our execution platform and further advances our growing equities business.”
Macquarie Group is a provider of banking, financial, advisory, investment and funds management services. More specifically, Macquarie Securities Group also oversees a number of institutional securities houses covering sales, research, ECM, execution, and derivatives activities.