Nasdaq's transaction services division has raided the offices of rival ECN Instinet for the appointment of four out of five new sales directors.
The new recruits - John Denza, Drew Krichman, Kathleen MacGilvray, Allison Merna, and Chris Siclare - will report to Steve Blatney, vice president of Nasdaq Transaction Services.
Denza, Krichman, and Siclare most recently managed key sell-side customer accounts and served as the primary sales team for Instinet and Island business accounts. Denza and Siclare were Island sales representatives since 2000 and Krichman joined Island in 2001.
MacGilvray, who also came from Island and was most recently with Instinet, was responsible for product strategy for the sell-side business. She joined Island in 2002 as a sales associate and previously worked for Brut.
Allison Merna was most recently with OM Technologies, where she was responsible for new business sales of transaction technology in the US. Merna also served in various sales capacities for Ashton Technology Group and First Call/Thompson Financial.