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BPSG Broadpoint Gleacher Securities Grp., Inc. (MM)

3.74
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Broadpoint Gleacher Securities Grp., Inc. (MM) NASDAQ:BPSG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.74 0 01:00:00

Brad Marks Named Managing Director and Head of Equity Trading of Broadpoint AmTech

07/04/2010 2:00pm

Business Wire


Broadpoint Gleacher Securities Grp., Inc. (MM) (NASDAQ:BPSG)
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Broadpoint AmTech, Inc., a broker-dealer subsidiary of Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG), today announced that Bradley Marks has joined the firm as a Managing Director and Head of Equity Trading and Michael “Monte” Montalbano has joined the firm as a Director and Senior International Equities Trader.

Mr. Marks comes to Broadpoint AmTech with 20 years of trading experience around the globe. He spent the last year and a half at Pali Capital where he ran Global Trading. Prior to Pali Capital, Mr. Marks ran International Trading at Jefferies for 11 years. Mr. Montalbano joins Broadpoint AmTech with over 15 years of experience as a market maker in International ADRs. He spent the last year and a half at Pali Capital where he ran ADR/Ord Trading. Prior to Pali Capital, Mr. Montalbano worked at Jefferies for 6 years and Herzog, Heine, Geduld for 4 years.

Robert Meier, Chief Executive Officer of Broadpoint AmTech, Broadpoint.Gleacher’s Equity division, said, “We are pleased to have Brad and Monte join our firm to enhance our trading capabilities. We see meaningful synergies resulting from the combination of our high quality research with this newly expanded trading franchise.”

Eric Gleacher, Chairman and Chief Executive Officer of Broadpoint.Gleacher, said, “Equities continue to be a strong priority for the firm. The addition of Brad and Monte will help us better serve our institutional clients in this important asset class.”

About Broadpoint.Gleacher

Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG) is an independent investment bank that provides corporations and institutional investors with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization and strategic alternative analysis services. The Company offers a diverse range of products through the Debt Capital Markets, Investment Banking and Broadpoint DESCAP divisions of Broadpoint Capital, Inc., its Equity Capital Markets subsidiary, Broadpoint AmTech, and FA Technology Ventures Inc., its venture capital subsidiary. For more information, please visit www.bpsg.com.

Forward Looking Statements

This press release contains "forward-looking statements." These statements are not historical facts but instead represent the Company's belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. The Company's forward-looking statements are subject to various risks and uncertainties, including the conditions of the securities markets, generally, and acceptance of the Company's services within those markets and other risks and factors identified from time to time in the Company's filings with the Securities and Exchange Commission. It is possible that the Company's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in its forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake to update any of its forward-looking statements.

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