---
title: "TRADING UP: Citadel Promotes Nazarali to Global Business Head"
description: The weekly recap of hires, job moves and promotions around Wall Street.
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 04.30.2018

 By John D'Antona

 Weekly Newsletter

# TRADING UP: Citadel Promotes Nazarali to Global Business Head

 04.30.2018 By John D'Antona

![TRADING UP: Citadel Promotes Nazarali to Global Business Head](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-May-12-2022-09-32-10-96-AM.jpg)

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![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/jamil_nazarali1-1-1.jpg?width=185&height=239&name=jamil_nazarali1-1-1.jpg) Jamil Nazarali, Citadel Securities

Citadel Securities announced it promoted **Jamil Nazarali**, who was previously listed as a senior advisor to the firm to the position of Global Head of Business Development. Nazarali replace Remco Lenterman, who will stay for a transition period and then leave, spokeswoman Julia Kosygina confirmed. Prior to Citadel, Nazarali was with KCG and Knight for 11 years, most recently as Senior Managing Director and Head of its Electronic Trading Group.

Mizuho Americas hired global equities veteran **Craig Giordano** as Head of U.S. Cash Sales Trading. In this role, Giordano will develop broader relationships with institutional equities desks. Giordano previously served as Managing Director, Institutional Sales Trading at Sanford C. Bernstein. He will report to Matthew DeSalvo, Head of Equities, Mizuho Securities.

**If you have a new job or promotion to report, let me know at jdantona@marketsmedia.com**

Also at the firm, **Seiichi Matsunaga** has transferred from the Tokyo office to head the Japan broker dealer business based in New York City and **David Harris** has been hired to trade convertible bonds. Both are previously existing roles for the firm, with Matsunaga also reporting to Matthew DeSalvo, Head of Equities and Harris to Daniel Albert, Managing Director, Convertible Bonds.

Matsunaga’s transfer helps Mizuho further serve the interest in Japanese investors trading US-listed companies. He has served Mizuho clients for more than ten years through senior roles at Mizuho Securities Asia and Mizuho Securities Co., Ltd in Japan.

Harris was previously a founding partner and chief investment officer for Acuity Capital Management.

**Mark Bamber**, a top options trader at Société Générale, left his job earlier this month after six months at the French bank — part of a larger exodus at the company’s Manhattan office. He arrived at SocGen last November after nearly 12 years at Deutsche Bank, as Managing Director of Program Trading. Bamber’s exit at SocGen comes as about 10 other equity derivatives traders have also left the bank in recent weeks.

Goldman Sachs has hired its first cryptocurrency trader - **Justin Schmidt**, himself a former trader, to be the first head of digital asset markets in the company's securities division. Schmidt began his role on April 16. Schmidt was previously senior vice president at quantitative trading firm Seven Eight Capital, and a quant trader at a proprietary firm, according to his LinkedIn profile.

![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/Denise_flacco-1.jpg?width=187&height=187&name=Denise_flacco-1.jpg) Denise Flacco, Instinet

**Henry Durrant** onboarded at GTX as Director, Liquidity Management. Durrant joined from Bank of Tokyo, Mitsubishi UFJ, where he worked in the electronic FX group. Prior to the bank, he was at Thomson Reuters in hedge fund sales, FXall, and DealHub. He is based in London and reports to Stephen G. Reilly, Global Head of Liquidity, GTX.

Instinet hired **Denise Fiacco** as an Executive Director in the U.S. Quantitative Trading Strategy Group of the Global Trading Research (GTR) division, based in New York. In this role, Fiacco will focus on trading algorithm research and quantitative client engagement. She comes from Virtu Financial, where she was previously a quantitative researcher. Prior to that, she spent several years at Cantor Fitzgerald, Knight Capital and Citigroup. She has also held similar roles in quantitative strategy and algorithmic trading at Goldman Sachs and Credit Suisse.

The firm also landed **William Wiley** as an executive director and head of strategy. Wiley was previously COO at KCG Holdings.

Olivetree Financial has made several new hires in its US Event Driven Business with **Francesco Sarti** and **Mike Hamilton** joining the firm. Sarti comes onboard as an Event Driven Strategist helping to bolster its current offering. He began his career on the buy side at Saranac Capital and later ran an Event Driven portfolio at RBC Capital Markets. He moved to the sell side in 2008 with notable stops at CRT Group and most recently at RW Pressprich where he was an Event Driven publishing analyst focusing on SPAC’s, spin offs, special situations and merger arbitrage.

Hamilton will begin trading the US Event Driven pad and arrive from Hutchin Hill. While there, he was responsible for trading their merger arb and event driven books. In addition, Hamilton also had trading responsibility for the firm’s healthcare and consumer sector pads as well as for a book focused on SPAC’s.

**Dan Forman** was hired for Olivetree’s US Long/Short Equity Team as a Technology Sector Strategist with a mandate to identify for clients alpha generating investment ideas in technology. Forman previously held senior roles at Morgan Stanley, Wedbush Securities, Maxim Group and most recently First NY Securities where he managed a long/short trading strategy portfolio.

Commcise reported that commission management and change management specialists **John Kennedy** and **Jonathan Pearson** have joined. Kennedy, Senior Consultant, most recently was at IHS Markit and has over 25 years commission management and client experience. Pearson is also a Senior Consultant and previously was a Senior Adviser to the UK Government, specializing in change management and corporate reform.

big xyt, a provider of smart data and analytics, announced the arrival of **Mark Montgomery** to support  Strategy and Business Development. In this newly created role, Montgomery will focus on ensuring alignment of the business strategy with client needs and expanding the big xyt presence in London. He previously worked at Barclays Capital as Director of Electronic Trading Sales and Alliance Bernstein where he was responsible for establishing a European portfolio and electronic trading desk.

 

 

 

 

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