Ticonderoga Securities Expands With Launch of Equity Derivatives Group Led By Hedge fund Veteran

New York (Press Release) - Ticonderoga Securities, an institutional broker dealer, today announced the launch of its Equity Derivatives Group, which will be led by Vuk Bulajic, an industry veteran with a dynamic track record of launching and building equity derivatives businesses.

With the addition of the Equity Derivatives Group, Ticonderoga continues to position itself as a leading broker dealer, concentrating on domestic and international equities with a focus on high-quality order execution alongside its differentiated research. The new group will further diversify Ticonderoga’s product offerings, which was recently expanded to include institutional equity research. As head of the Equity Derivatives Group, Bulajic will focus on building out the platform to deliver unique and valuable offerings.

“We are extremely pleased to be able to launch our Equity Derivatives Group with such an experienced and knowledgeable leader as Vuk,” Shawn McLoughlin, CEO and Co-Founder of Ticonderoga Securities, said. “His success in building teams from the ground up will be valuable as we continue to build out our Equity Derivatives team over the coming months to deliver services in several sectors important to our clients.”

Bulajic has built equity derivatives businesses for several large banks and Wall Street institutions, and brings 25 years of experience to Ticonderoga. Prior to joining the firm, Bulajic served as head of U.S. equity derivatives at the French bank Natixis for eight years, and in the same position at BNP Paribas from 1997-2002. He was also global head of equity derivative trading at Lehman Brothers, and helped launch the Equity Derivatives Group for the Americas at Nat West Capital Markets in the early 1990s. Earlier in his career, Bulajic worked as a trader for Morgan Stanley and Stern Brothers. He earned his B.S. and M.S. in Chemical Engineering from Columbia University.

“As Wall Street begins to reinvent itself, nimble firms like Ticonderoga have a great opportunity to innovate in the equity derivatives space,” Bulajic said. “I look forward to growing the group here at Ticonderoga.”

In May 2009, Ticonderoga Securities LLC acquired Reynders, Gray & Co. Inc. a respected firm with more than 30-years experience and an enviable track record. Ticonderoga Securities operates a dual capability with a New York Stock Exchange floor based team providing direct access as well as the desk based models. The firm concentrates on domestic and international equities and focuses on high quality, conflict free order execution, as well as a differentiated research offering to support its first class execution capabilities.