Execution LLC Opens New York Office

West Palm Beach (HedgeCo.net) – Execution LLC, an agency-only global broker dealer, today announced that it has opened a New York office as part of its long-term US growth plan.

Execution’s new office is located at 450 Park Avenue and will include space for US sales and trading, desk analysts, options and European sales. The New York office will allow for further growth in headcount, and will facilitate deeper relationships and exceptional service for many of the firm’s New York based clients.

“Having a New York presence will enable us to hire outstanding talent from New York, New Jersey and Long Island and will further enhance the level of service for both new and existing clients,” Gary Cunningham, CEO, Execution LLC said. “New York will complement our existing offices in Greenwich and San Francisco and was the natural next step for the firm.”

Daniel Fox, Partner of Execution, will oversee the NY office and will be joined by Jonathan Fairhurst, AnnaMarie O’Neill, Chief Market Strategist Rick Bensignor and Financial Desk Analyst Yousef Abassi. John Margolis, who recently joined Execution following a 20 year career in technology and trading most recently with Thomson Financial, will also be joining the team to build out an options capability.

Execution will maintain its Greenwich office and is in the process of opening a Boston office where the firm will service Boston based accounts for US, European and Asian equities. Execution has developed an edge operating in a velvet rope environment on a platform free of proprietary trading conflicts.

Execution LLC is the U.S. subsidiary of London based Execution Limited, a full-service agency broker providing clients with execution, sales, trading, research and corporate access, free from the conflicts inherent in proprietary trading and corporate broking. Execution services many of the world’s major investing institutions, including mutual funds, pension funds, insurance companies and hedge funds. Empowered by its technology and differentiated by its people, Execution provides access to the market’s core liquidity providers through extensive personal relationships and expertise. Execution LLC is a member of NASD and SIPC.

Editing by Alex Akesson

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