Dash Financial Technologies, a specialist in order routing transparency, visualisation and customisation solutions, has appointed Stino Milito as Co-COO.
Reporting directly to CEO Peter Maragos, Milito (pictured), will be responsible for product strategy and leading Dash’s Institutional buy-side team, a growing group that works with the firm’s asset management and hedge fund clients to help craft highly-tailored trading solutions.
Milito is based in Chicago, where he leads the office along with Co-COO Tim Miller. This is his second stint with Dash, rejoining the firm from ED&F Man Capital Markets where he was Director of Trading, UIT. One of Dash’s original employees, Milito previously served in a range of increasingly senior trading and client services roles from 2010-2016 after beginning his career as an option market maker on the Cboe floor for Botta Capital Management.
“Stino is an incredibly talented professional who is respected throughout the industry,” says Maragos. “We could not be more excited to welcome him back to the firm.”
Milito says: “I’m thrilled to be back and working with the highly skilled Dash team again. The opportunity before us has never been greater. Historically the ability for firms like Dash to compete for equity business on pure trading performance was virtually non-existent. But that is changing quickly with regulatory catalysts like MiFID II, which have created more opportunities for providers who are product and technology driven. Today, the buy side is reimagining what their execution counterparties should be, and the ability to provide institutions with full visibility into and control over their routing behaviour is the name of the game. We’ve helped our clients do exactly that for years and believe our platform will continue to be a game changer and allow us to further gain market share going forward.”
