Knight Capital Group, the leading US equity broker, has continued its expansion into derivatives by hiring Adam Templeton and Ryan Sylvester from Newedge as co-heads of strategic options.
The team hire also includes the recruitment of Brad Manuilow in San Francisco – he is also from Newedge and specialises in technology companies. And three sales traders have joined from Pali Capital, the crumbling boutique investment bank: James Murphy, Robert Mabry and Jeffrey Fittipaldi.
Newedge declined to comment. Pali has been struggling to find a buyer amid mass departures of its senior executives, but announced a week ago that it planned...