In a significant leadership transition, BTIG, the global financial services firm and brokerage company, has announced the appointment of Anton LeRoy as its new Chief Executive Officer. He replaces Scott Kovalik, the Co-Founder. In a statement released by the company today (Tuesday), Kovalik and Steven Starker, the Co-Founder, will assume the roles of Co-Chairmen of the Group.

LeRoy has risen through the ranks since his journey at BTIG began in 2008. As of 2018, he held the position of President at the company, overseeing BTIG’s global expansion strategy. His focus has been on bolstering the firm’s operations in fixed-income, structured products, and investment banking.

BTIG Eyes Business Growth with Key Appointments

Kovalik expressed his confidence in LeRoy, as he stated: "I have worked closely with LeRoy for the last fifteen years, and I am excited to name him as my successor to the position of CEO. With extensive experience, including roles as Chief Operating Officer and Head of FICC, LeRoy brings over 25 years of experience to his new role."

BTIG is a global financial services firm specializing in institutional trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term, investment banking, research, and related brokerage services. The company has a presence in 20 cities across the US, Europe, Asia, and Australia. Some of the financial solutions offered by the firm include portfolio management, prime brokerage, and outsourced trading.

Additionally, BTIG has made a series of key appointments in the past to strengthen its various business segments. Under its Investment Banking division, the company announced the addition of Jay Magee as the Managing Director in June to provide advisory and capital solutions to its corporate and institutional clients.

Strengthening Business Operations

BTIG’s Investment Banking division offers a wide array of financial products and services, including mergers and acquisitions, capital markets advisory, IPOs, private placements, private equity, and private capital.

Moreover, BTIG recruited for key roles under its structured products trading team last year, according to a report by Finance Magnates. This move was aimed at strengthening BTIG’s presence and capabilities in the segment of Structured Products within the fixed-income, currency, and commodities divisions.

BTIG’s structured product sales, trading, and strategy team is focused on secondary trading and facilitating new issues across a wide range of products and client segments. This encompasses banks, hedge funds, institutional money managers, and insurance providers, among others.