NEW YORK--(BUSINESS WIRE)--BTIG, LLCannounced today that David Hoberthas joined the firm’s Foreign Exchange (FX) team. Based in New York, Mr. Hobert will help to expand BTIG’s global FX sales presence, and will focus on developing new business. He will report to Alan Circle and Martin Ferraro, Managing Directors and Co-Heads of Foreign Exchange Trading at BTIG.
“David is a welcome addition to our growing Fixed Income, Currency and Commodities team,” said Anton LeRoy, Chief Operating Officer of BTIG. “His combined buy-side and sell-side experience make him an effective provider of client solutions. David’s long-standing institutional relationships will strengthen our capabilities and broaden our footprint in the FX marketplace.”
Mr. Hobert joins BTIG’s Foreign Exchange team as a Managing Director. Prior to BTIG, he spent several years in a senior Business Development role at Autonomy Capital. Previously, Mr. Hobert held management and sales roles in New York and London including Head of Emerging Market Sales at UBS and RBC, and Head of Local Market Sales at Lehman Brothers.
“With a career that has spanned more than 20 years, David understands how to achieve client objectives,” said Mr. Ferraro. “His foreign exchange experience and emerging market specialization give him a unique vantage point that will help him identify opportunities for buy-side clients.”
BTIG’s Global Foreign Exchange desk offers clients 24-hour market coverage. Client transactions are executed via seasoned high-touch traders, TradeSave FX, a proprietary low-touch platform, or a combination of the two. Specializing in emerging market currencies, options, spot, forwards and swaps, the firm’s FX experts source liquidity from a vast network of providers.
BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 550 employees, BTIG, LLC and its affiliates operate out of 17 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities (futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global sales, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.