BTIG Expands International Capabilities – Hires US Based Team Focusing on Japanese Equities

New York – June 25, 2009 – BTIG LLC, an institutional broker dealer specializing in trading and related brokerage services, today announced the expansion of its international capabilities with the addition of a three-person US based live hours (8pm-2am EST) Japan team.

The US based Japan team will initially consist of William Chandruang, Jeff Gallo, and David Schneider, all hired at the managing director level. Schneider will be based in Greenwich, and Gallo and Chandruang will be in Los Angeles. All three have covered the Japanese markets for the majority of their careers, and have worked in Japan, which gives them an edge in understanding the nuances of Japan’s equity market.

“William, Jeff and David bring a wealth of experience, long standing and deep rooted institutional relationships, and an in-depth knowledge of the Asian equity markets,” Steven Starker, Co-Founder of BTIG, said. “Providing our clients with seamless execution across the globe and around the clock has become increasingly important in today’s rapidly changing environment.”

Chandruang spent the last 15 years working in Japan most recently at UBS where he was a managing director and both co-head of client trading & execution and head of international sales trading. Before moving to Japan, Chandruang worked at Smith Barney in New York for 4 years.

Gallo joined BTIG after living and working in Tokyo for a total of 15 years. He most recently worked at Nikko Citigroup where he was a Managing Director and Co-Head of Japanese Sales Trading. Prior to that, he worked as a sales trader with Morgan Stanley Japan.

Schneider was previously with Merrill Lynch in Japan where he was in charge of the entire execution services platform, including trading, sales trading, program trading and electronic trading. Prior to that, he worked for Jardine Fleming in Hong Kong, Singapore and Manila.

About BTIG
BTIG LLC is a premier institutional brokerage and fund services company. Founded in 2002 BTIG and its affiliates have grown steadily from 5 employees to over 300. BTIG serves over 1,200 institutional customers and offers services from five divisions: Institutional Trading, Fixed Income Trading, 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, and Sydney.

BTIG LLC is a member of FINRA and SIPC

BTIG Australia Limited is a member of ASIC and ASE

BTIG Hong Kong Limited is an SFC approved broker dealer

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

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