BTIG, a broker dealer specialising in institutional trading and related brokerage services, has appointed Michael Nethercott as a director in equity sales trading.
Nethercott joins BTIG from Lighthouse Financial Group where he was part of the firm’s agency focused execution desk.
Prior to Lighthouse Financial Group, Nethercott was with Bear Stearns for eight years. While at Bear Stearns, Nethercott was part of a group that started an internal agency only desk for the firm’s clients.
He started his career at Olstein & Associates, where he spent two years as a trader.
"We are happy Michael chose BTIG’s platform to continue covering his clients. We continue to attract top talent to our sales and trading business. Michael brings with him expertise and long-term institutional relationships which is what has defined BTIG," says Richard Blank, managing director and global head of equities at BTIG.
BTIG’s global equities team, led by Blank, has more than 70 sales traders.
"Moving to BTIG was an easy decision for me. They offered me a better platform to serve my institutional relationships, BTIG has the leading market share among agency focused players," says Nethercott. "I am thrilled to be joining the organization and I am excited about the vast resources I can now share with my clients."
