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26 Jun 2009

BTIG Expands International Capabilities With Japan Equity Team

Institutional brokerage and hedge fund services company BTIG LLC, announced the further expansion of its international capabilities with the addition of a three-person U.S. based live hours (8pm-2am EST) Japan team.

The U.S. 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.