KCG APPOINTS ANTHONY L. ABENANTE SENIOR ADVISOR
March 11 2014 - 7:30AM
KCG APPOINTS
ANTHONY L. ABENANTE SENIOR ADVISOR
Electronic trading industry leader to support KCG's
institutional offerings
JERSEY CITY, N.J. - March 5,
2014 - KCG Holdings, Inc. (NYSE: KCG) today announced
that Anthony L. Abenante has joined KCG as a Senior Advisor to the
firm's Global Execution Services business. Mr. Abenante, most
recently co-CEO of Instinet, will provide strategic counsel on the
development of KCG's institutional equities business, including
algorithmic and EMS product offerings as well as traditional worked
order trading services.
The strategic use of expert advisors allows the
company to broaden its access to diverse insights from the
industry's most senior leaders. In addition to Mr. Abenante,
KCG maintains a corporate-level advisory relationship with the Hon.
Arthur Levitt, Jr., a former Chairman of the U.S. Securities and
Exchange Commission who offers experience and insight about market
structure and regulation.
"KCG is committed to being a leading provider of
execution services to institutions, and Anthony will help us build
upon the momentum we've gained over the last year," said Greg
Tusar, head of Global Execution Services for KCG. "With product
integration and product development well underway, it is a perfect
time for us to tap into Anthony's experience and expertise on the
unique needs of our institutional client base."
Mr. Abenante said, "KCG has a compelling set of
assets to be leveraged by the institutional investment community,
supported by a highly client service-oriented team. When combined
with the scale and market insights of the firm, KCG's platform will
be extremely beneficial to a wide spectrum of asset managers and
traders. I am greatly looking forward to being of assistance as the
company's tremendous liquidity and technology capabilities further
evolve."
Following its acquisition of Instinet, Nomura
Group appointed Mr. Abenante co-CEO of the subsidiary in June 2007
initially responsible for Instinet's Americas business and global
technology efforts, where he oversaw significant growth in the
firm's market share and revenues. During his tenure, Mr. Abenante
also led Instinet's first successful cross-asset expansion with the
acquisition of TORC Financial, adding derivatives trading to its
platform; helped to continue its role in evolving global market
structure through the launch of the Chi-X Global alternative
exchanges; and restructured the firm's European and Asian business
units.
Mr. Abenante had joined Nomura Securities
International in August 2003 as Head of U.S. Equity Sales and
Trading to help re-build the company's U.S. equity offerings,
including its quantitative trading and EMS platforms, before
playing an integral role in the acquisition of Instinet. Prior to
Nomura, he spent 10 years at Investment Technology Group, most
recently as Director and Head of Institutional Sales. Mr. Abenante
started his career at Morgan Stanley and worked in trading
technology for the company in New York, Frankfurt and London until
joining ITG in December 1993. He holds a Bachelor of Science degree
in Industrial Management from Carnegie-Mellon University.
About KCG
KCG is a leading independent securities firm offering investors a
range of services designed to address trading needs across asset
classes, product types and time zones. The firm combines advanced
technology with exceptional client service across market making,
agency execution and venues. KCG has multiple access points to
trade global equities, fixed income, currencies and commodities via
voice or automated execution. www.kcg.com
CONTACTS
Sophie Sohn Jonathan Mairs
Communications & Marketing Investor Relations
312-931-2299 201-356-1529
media@kcg.com jmairs@kcg.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: KCG Holdings, Inc. via Globenewswire
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