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Cuttone & Company names Richard Christ MD

13 May 2008  |  1586 views  |  0 Source: Cuttone & Company

Cuttone & Company, a full-service institutional broker offering a complete range of execution services and prime brokerage solutions, named Richard Christ, a financial industry veteran, to a newly created Managing Director position.

Mr. Christ will be responsible for the oversight and facilitation of trade information flow between the exchange floor, regional offices and upstairs trading desk. Mr. Christ also will assist the firm in growing its staff by seeking and hiring seasoned and talented individuals to fill the firm's expanding floor and desk operations.

 

Mr. Christ joins Cuttone & Company with more than 20 years experience on both the buy-side and sell-side. Most recently, he served as head trader at Loeb Partners Corporation, a global multi-strategy hedge fund with $1.2 billion assets under management. Mr. Christ began his career building computer programs for trading baskets of stocks in the early 1980s.

 

Mr. Christ will use his extensive knowledge of the trade information needs of both the buy-side and the sell-side community to enhance the ability of our combined sales trading and execution team to pinpoint information that offers the most value to our clients at just the right time.

 

"As the buy-side continues to execute increasingly complex trading strategies to generate higher returns, the sell-side must enhance its ability to provide critical, in-depth trading information to ensure their client's trades capture the greatest amount of liquidity with minimal market impact," said Donato J. Cuttone, Senior Managing Director and Vice Chairman at Cuttone & Company. "Mr. Christ's vast management experience overseeing the trading of multiple asset classes, and developing and executing complex arbitrage strategies will enhance our team's ability to provide our clients with timely and actionable market color."

 

The addition of Mr. Christ to Cuttone & Company is one of many steps that the firm is taking to meet the complex and challenging demands of today's global trading marketplace, to serve clients to the best of the firm's ability, and to build and maintain an environment where employees enjoy coming to work every day.

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