US institutional broker Jones Trading Institutional Services has appointed Jeff Micsky as global derivatives head.
Micsky joined Jones Trading in 2011 from Credit Suisse, where he was in equity derivatives sales trading, and will now develop strategy for derivatives including expanding the client base worldwide.
Micsky now leads teams in Jones Trading’s New York, Greenwich, San Francisco and Chicago offices with an affiliate relationship to Jones Trading Canada.
Jones Trading said in a statement that the appointment was driven by client demand for the company’s model to be used across different asset classes, and followed the announcement of Jones Trading’s expansion into exchange-traded derivatives, headed by David Lutz.
Micsky said: “We operate in a complex market environment that is difficult to navigate. The skill set that we bring seeks to deliver a caliber of analysis not frequently found at sell-side firms.”
Alan Hill, Jones Trading CEO, said: “Traditional asset managers and hedge funds are increasingly challenged to find access to the full range of asset classes where their trading interests are protected. With the expanded commitment to derivate trading, JonesTrading now fills an important gap that traders and their portfolio managers demand.”
Jones Trading has expanded from its core US trading operations to include the global markets, investment banking, and the capability to provide market intelligence to clients.