BTIG Fortifies FICC Division with Two New Managing Directors

Global financial services provider, BTIG LLC, has made two senior appointments to its Fixed Income, Currency and Commodities (FICC) division, bringing in Holly Liss and Philip Ruffat as the group’s latest Managing Directors, according to a BTIG statement.

BTIG specializes in a number of investment channels, including Institutional Trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term, investment banking, research and other brokerage services. In their new respective roles, both Ms. Liss and Mr. Ruffat will be based out of Chicago, where they will work in the Futures and Commodities group.

Ms. Liss joins BTIG after nearly 25 years in the financial services industry, having most recently worked as the Director of FICC at Macquarie Futures USA. Additional stops include senior level roles at ABN AMRO, Citigroup Global Markets, as well as First Chicago Futures.

Alternatively, Mr. Ruffat has garnered two decades of financial industry experience, most of which as the Director at Citigroup Global Markets. Like Ms. Liss, his most recent experience was also as the Director of FICC at Macquarie Futures USA.

According to Anton LeRoy, Head of Fixed Income, Currency and Commodities at BTIG, in a recent statement on the appointment, “With their demonstrated ability to understand the complex futures and commodities space, Holly and Philip are an important addition to our rapidly-expanding business. Their extensive macro sales and trading experience, depth of knowledge and reputation, will strengthen our offering to our institutional clients.”

“Together, Holly and Philip are a significant addition to BTIG’s Futures and Commodities Group, and will allow us to continue to accelerate our growth in markets around the globe. With their proven track record, and futures and commodities expertise, they will enhance our ability to design industry-leading solutions for clients,” added Robert Gagnon, Head of Futures and Commodities at BTIG, in an accompanying statement.