BTIG hires ex-Citi Sean Shanker to lead its Electronic Trading offering

Rick Steves

“Sean joins us at an exciting time as we continue to invest in the latest technology and talent to stay ahead of industry trends. BTIG is fully committed to developing advanced trading solutions to satisfy the liquidity needs of our most demanding clients, and our appointment of Sean underscores this commitment.”

BTIG has announced the appointment of Sean Shanker as a Managing Director within Electronic Trading to drive new initiatives and lead projects as the firm enhances its Electronic and Portfolio Trading offerings.

Based in the New York office, Sean Shanker will leverage his over twenty years of trading and technology experience, including leadership positions in algorithmic and systematic risk trading, product development, sales, engineering, and strategy.

BTIG will be able to stay ahead of industry trends

Sean Shanker joins BTIG from Citi, where he was the Head of Product, Americas – Equities, responsible for building new products and growing the electronic trading business. Previously, he was a Director and Senior Trading Strategist at Bank of America, Merrill Lynch. Prior to that, Mr. Shanker was a Director and Equities Product Manager at Citi.

BTIG’s Electronic Trading business provides clients with intelligent electronic trading tools and an unbiased approach to low-touch execution. The firm’s platform delivers access to liquidity, transparency and flexibility for clients located around the globe. BTIG combines advanced technology with high-touch service to deliver highly effective electronic trading solutions.

The company offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities. The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management, and more.

Thomas Smykowski, Co-Head of Securities at BTIG, said: “Sean joins us at an exciting time as we continue to invest in the latest technology and talent to stay ahead of industry trends. BTIG is fully committed to developing advanced trading solutions to satisfy the liquidity needs of our most demanding clients, and our appointment of Sean underscores this commitment.”

Stephen Ponzio, Head of Electronic Trading at BTIG, said: “We are excited to welcome Sean to the team. With his guidance and expertise, we will be well-positioned to enhance our technology capabilities, drive growth, and maintain our reputation as a leader in the electronic trading space.”

FinanceFeeds has previously covered executive moves at BTIG, including the hiring of Tanya Williams, CFA, as a Managing Director and Director of Macro Markets Strategy. Pavi Sidhu was named Managing Director within its Equities division, based in the prime broker’s London office, and with the mission to expand the EMEA Portfolio Trading and ETF businesses. Bradford Ainslie was hired as Managing Director within its Institutional Equities business to increase the client reach of BTIG and expand the ability of the firm to source liquidity.

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