BTIG Appoints London-Based Emerging Markets Fixed Income Team

London – 13 September, 2010 – BTIG Ltd, a broker dealer specialising in institutional trading and related brokerage services, today announced the expansion of its Global Fixed Income team to include a London-based team focused on Emerging Markets complementing the current US team. The team led locally by emerging market veteran Darren Reiss includes Russell Scott, Cornelia Colonius and Alpesh Lad. They will report to Alex May, Global Head of Emerging Markets.

The addition of this team is the first stage of BTIG’s global roll-out of its Fixed Income Group. Launched in February 2009, the Group now has more than 70 employees and focuses on sales and trading of credit products across the full credit spectrum, emerging markets and structured products.

Reiss joins as Managing Director and Head of the Emerging Markets Fixed Income sales team in London. Reiss’ career in fixed income markets spans 18 years. He joins BTIG from Knight Libertas, where he was a Director on the institutional Fixed Income sales desk. Prior to Knight Libertas, Reiss was a Director of HSBC in the emerging markets sales team for eight years. He started his career at Hambros Bank trading investment grade credits. Reiss brings a number of deep relationships with dedicated emerging markets accounts.

Scott joins as Managing Director in the Emerging Markets Fixed Income team as Head of CEEMEA Trading. Scott has 16 years of emerging market credit trading experience. Prior to BTIG, Scott served as Executive Director in the emerging market trading team at UBS. He also held roles at HSBC trading emerging market fixed income and credit derivatives, and Lehman Brothers, where he was a Director in fixed income trading. Scott started his career at ING, where he spent a total of eight years in emerging markets trading.

Lad joins the Emerging Markets Fixed Income Group in London with 15 years experience in Emerging Markets corporates, sovereigns and structured products. Lad’s last role was as Executive Director, Emerging Markets Structuring and Distribution at UBS. Prior to UBS, Lad was at HSBC and Merrill Lynch. He began his career at JPMorgan Chase, where he worked for seven years in the Emerging Markets structuring team.

Colonius joins BTIG’s Emerging Markets Fixed Income Group in London with nine years experience in emerging markets on both the buy and sell side. Colonius’ last role was as Director of HSBC in the emerging markets sales team covering European pension and hedge funds. Most recently she had joined the trading floor as product specialist and spot trader at HSBC Brazil in Sao Paulo. Colonius started her career at Deutsche Asset Management (now Aberdeen Asset Management) as a Junior Analyst, where she focused on emerging market research and portfolio analysis.

“We have made some significant hires in our fixed income group over the last 18 months and have been actively looking for the right team to expand in the UK,” said Gary Hayes, CEO of BTIG Ltd. “This group enhances our London team of more than 30 professionals and allows us to provide clients with a wider product offering.”

Jon Bass, Head of Global Fixed Income at BTIG, added, “As emerging markets bonds have continued to see steady inflows in recent months and are expected to perform well over the coming months we wanted to ensure our European based clients had access to a local sales and trading team with the experience needed to navigate these markets.”

About BTIG

BTIG LLC is a premier institutional brokerage and fund services company. BTIG continues to build its global franchise around a broad and experienced group of professionals who are leaders and experts in their respective fields. Founded in 2002, BTIG, including through its affiliates, employs more than 400 professionals in 5 different countries. BTIG serves customers from all over the world and offers services in nine areas: Equity Trading, Fixed Income, Convertible Securities, Prime Brokerage, Outsource Trading, Direct Market Access, Capital Markets, Equity Research and Corporate Access. BTIG has ten domestic offices: New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Aspen and Orinda. The firm also has four overseas affiliates: London, Hong Kong, Singapore and Sydney.

BTIG LLC is a member of FINRA and SIPC

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