Cuttone & Company, a US-based broker-dealer, has appointed Blake Nunley, a former principal at Banc of America Securities, as senior vice president of institutional sales.
Nunley will be based in Dallas, Texas and will responsible for the strategic growth of Cuttone’s electronic trading solutions in the region, including the firm’s direct market access platform, which offers low-latency, smart order routing and algorithmic executions to US and international equities markets.
Nunley has 12 years’ experience in electronic trading, including an involvement in technology projects at UBS, Merrill Lynch, Knight Capital Group, CIBC and Instinet.
At Banc of America Securities, Nunley held a role in the Electronic Trading Services Group, responsible for the rollout of integrated solutions including execution management systems, order management systems and algorithmic trading to institutional clients and prime brokers.
“As the changes in market structure unfold, driven by the shake-out from the financial crisis, we have seen increasing buy-side demand for prime brokerage services and electronic trading solutions,” said Keith Bliss, senior vice president and director of sales and marketing at Cuttone & Company, in a statement. “Blake’s deep knowledge of electronic trading technology and his vast relational network in the industry will play a critical role in positioning our firm for significant operational and customer growth in the region.”