BTIG Adds To Fixed Income Sales Team – Expansion takes Fixed Income Group to over 70

New York – October 19, 2009 – BTIG LLC, a broker dealer specializing in institutional trading and related brokerage services, today announced that it has bolstered its Fixed Income Group with the addition of four key hires to its New York Fixed Income Sales team, expanding coverage in credit, ABS/MBS and emerging markets.

BTIG has brought on Tim Wilson, John Christenson, Brian Heaton, and Ronald Lonergan, a team of Merrill Lynch veterans who most recently worked together at Utendahl. These new hires expand the overall size of BTIG’s Fixed Income team to more than 70 professionals in sales and trading, and the addition of Wilson and Christenson also help to build out BTIG’s middle market business.

“This is the continuation of the Fixed Income build out that we began earlier this year, and we are continuing to look for further opportunities to expand our group” said Steven Starker, Co-Founder of BTIG. “The team we are bringing on will significantly add to the level of coverage and service we can provide our clients in the fixed income area.”

Wilson brings 22 years of experience to the BTIG. He spent nearly 8 years at Kidder, Peabody before joining Merrill Lynch in 1995 in middle market sales. In late 2001, he became New York Sales Manager, and later New York Regional Manager. Wilson is a sales generalist with ABS/MBS specialty.

Christenson is a 23+ year veteran of Merrill Lynch. He started on the retail liaison desk at Merrill Lynch before moving to middle market sales and helping grow that effort into a distinct and vital distribution arm of the institutional sales force. Christenson is a sales generalist with credit and emerging market specialty.

Heaton is a MBS specialist, with more than 15 years of experience in the business. He started his career on the government/agency desk at Merrill Lynch before moving to sales. Heaton moved to MBS 10 years ago and has a wide variety of institutional account relationships.

Lonergan is an 18 year industry veteran who spent the majority of his career at Merrill Lynch and Deutsche Bank. He is a credit and structured credit specialist with deep and varied account relationships.

BTIG’s Global Fixed Income Group was launched in February of this year by Jon Bass, formerly of UBS, and John Purcell, formerly of Citigroup, who together bring 50 years of fixed income experience to BTIG. The group focuses on sales and trading of credit products, covering the full credit spectrum from investment grade to distressed debt, as well as emerging markets and mortgages. The firm plans further expansion in the areas of high grade corporates, high yield, distressed, emerging markets, and ABS/MBS.

About BTIG
BTIG LLC is a premier institutional brokerage and fund services company. Founded in 2002, BTIG, including through its affiliates, employs over 350 professionals around the world. BTIG serves over 1,200 institutional customers and offers services from five divisions: Equity Trading, Global Fixed Income, Prime Brokerage, Outsource Trading and Direct Market Access. BTIG has offices in New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Aspen and Orinda. The firm also has affiliates in London, Hong Kong, Singapore and Sydney.

BTIG LLC is a member of FINRA and SIPC

BTIG Australia Limited ACN 128 554 601 is a member of ASIC and ASX

BTIG Hong Kong Limited, Exchange Participant of SEHK, licensed and regulated by the SFC

BTIG Ltd is a member of the LSE and is authorized and regulated by the FSA

BTIG Singapore Pte Ltd is registered and licensed with MAS

Kelsea Michael at 212.279.3115, ext. 231, [email protected]
Caroline Harris at 212.279.3115, ext. 222. [email protected]
Peter Tarrant at 212.593.7560, [email protected]