BTIG Expands High Yield & Distressed Sales Team – Hires Robert Hannigan as a Director in High Yield Sales

New York – November 9, 2010 – BTIG, LLC, a broker dealer specializing in institutional trading and related brokerage services, today announced the continued expansion of its U.S. Fixed Income Sales and Trading platform with the addition of Robert Hannigan as a Director in High Yield & Distressed Sales.

“We continue to see opportunity for BTIG in high yield, distressed and convertibles and we are aggressively looking to add talented professionals in those areas. Bob’s experience and relationships in the industry further strengthen our presence in high yield/distressed and re-org equities,” Robert Langer, Head of High Yield, Distressed and Convertibles at BTIG, commented.

Prior to joining BTIG, Hannigan was a Director at Knight Libertas. Hannigan started his career at DLJ in High Yield trading, followed by trading positions at UBS and JP Morgan. In 1997, he joined CRT, where he was Head of the Distressed Trading Desk. Hannigan graduated from Williams College with a BS in Economics and from Columbia Business School with a degree in Finance.

“This is an exciting time to be building a business on Wall Street. There is tremendous change going on in the industry, which is creating opportunities for growing firms like BTIG to hire someone with Bob’s background, experience and relationships,” said Steven Starker, Co-Founder of BTIG. “We continue to leverage our success in equities to excel in other complementary areas – namely high yield, distressed and converts.”

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, Norwalk and Orinda. The firm also has four overseas affiliates: 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

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