BTIG Continues Growing its Fixed Income Unit, Adding Three MDs

BTIG, a global financial services firm specializing in institutional trading, investment banking, research, and related brokerage services, has added a new trifecta of specialists to its Fixed Income Credit Group, per a company statement.

The group has on-boarded John Agnew, Drew Hall, and Evan Jones, each of whom will be based out of New York. The trio will be reporting to Drew Doscher and Darren Haines, Co-Heads of the Fixed Income Credit Group at BTIG. The hires follow on the heels of Mr. Doscher’s appointment last month, which has seen the unit expand in focus and personnel in 2017.

Mr. Agnew will be appointed as the Managing Director of Fixed Income Credit Trading – his mandate will be to provide senior-level direction across the firm’s trading desk, while also overseeing the Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term of the unit and transactions in various high-Yield Yield A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a Read this Term securities. He joins BTIG from Guggenheim Partners, where he worked as a Senior Managing Director of High-Yield Securities.

Mr. Hall lands at BTIG as a Managing Director of Fixed Income Credit Sales, having also come over from Guggenheim Partners in a similar role as Mr. Agnew.

Finally, Mr. Jones will be installed as a Managing Director of Fixed Income Credit Strategy at BTIG, focusing on high-yield and convertibles. He previously worked as a Senior Vice President and Credit Analyst at Jefferies.

According to Mr. Doscher, in a statement on the trio’s appointment: “This is an incredibly active period within the Fixed Income Credit space. We are quickly growing our credit platform by recruiting top-tier, veteran sales and trading talent. BTIG also plans to capitalize on a new breed of sales professionals that are transitioning from the strategy and research side of the business, and have in-depth industry knowledge and market intelligence backgrounds.”