Officers, Directors, Consultants

Officers

Michael Modeski, President
OTC Markets Group Inc.

 

Mike joined OTC Markets Group in 2011 as President of its wholly-owned subsidiary, OTC Link LLC, to lead the company’s initiative to register and operate as a broker-dealer and the first interdealer quotation system ATS . Mike has just over 20 years of experience in the financial markets, with a focus on the OTC markets.  As a recognized expert on trading and market structure, he has been invited to participate on a number of industry committees, including STA Trading Issues Committee, SIA Reg NMS Committee and STANY Trading Issues Committee.  Prior to joining OTC Markets Group, Mike served as the Director of Broker-Dealer Execution Services and Sales at Citigroup and the Director of Execution Services at Lava Technology, a division of Citigroup. Before working at Citigroup, Mike was the Director of OTC Equities at FINRA and as well as Director of OTC Trading at Pershing.

Barry Hickman, 1st Vice President
Pershing LLC


Barry Hickman is Vice President of Sales and Business Development for Trading Services at Pershing LLC, a BNY Mellon company. Prior to Pershing, he was a Senior Relationship Manager for Electronic Execution Services at Citigroup and co-managed Listed Trading at Crown Financial Group. Barry began his career as a trader for Fidelity Investments and a sales trader for Robertson Stephens. Barry holds Bachelor’s Degrees in History and Political Science from Tufts University and a Master’s of Public Policy in International Economics from Columbia University’s School of International and Public Affairs. He is licensed Series 3, 4, 7, 9, 10, 24, 55 and 63.

Patricia Koetzner, 2nd Vice President
Siebert, Cisneros, Shank & Co., LLC

Patricia E. Koetzner is Managing Director and Head of the Equity Sales and Trading for Siebert, Cisneros, Shank & Co. LLC, a leading minority owned broker dealer.  Patricia’s two primary functions include; driving new revenue growth by expanding revenue generating relationships and facilitating equity trading for the firm. Her equity trading functions include: traditional long/short sales trading coverage, implementation of algorithmic strategies, share repurchases, trading and program trading. Ms. Koetzner has served in various capacities in the securities industry for now over 22 years, most recently including her role as Managing Director/Head of Equity Sales & Trading at CastleOak Securities, L.P. Prior to that, Ms. Koetzner served as vice president of Barclays Capital for seven years where she covered cash accounts and repurchased shares for corporations, before becoming a member of its electronic trading group. For the first decade of her career, she was a NASDAQ market maker for firms including Neuberger Berman, LLC, Gruntal & Co. and Dominick & Dominick, Inc. Patricia earned her Bachelor of Science degree from the University of Maine and holds FINRA series three, seven, 24, 55 and 63.

Rolland Hooey, Jr., Secretary
BNY Mellon Capital Markets



Ron is a Director in the Market Making group at BNY Mellon Capital Markets, LLC focused on relationship management with broker-dealer clients and market structure.  He has more than 20 years experience in the financial markets with a focus on electronic trading and market structure.  Prior to joining BNY Mellon Capital Markets, LLC, Ron led the creation and management of dynamic equity electronic market making businesses at Wells Fargo Securities, Cowen and BLMI

Ron earned a B.A. from the College of Holy Cross and a MBA from Columbia Business School. He holds his Series 7, 24, 55, and 63 licenses. 

Peter Wilson, Treasurer
KCG

Peter Wilson, Sales Trader at KCG broker-dealer KCG Americas LLC, is responsible for trading and relationship management in the company’s Global Execution Services business.

Peter assists clients throughout the U.S. and Canada to help them achieve best execution and meet other parameters for trading quality and experience. In his relationship management role, he works closely with KCG’s trading desks and businesses, including equities and options trading, Algorithmic Services, KCG Hotspot and KCG BondPoint.

KCG is a leading independent securities firm offering investors a range of services designed to address trading needs across asset classes, product types and time zones. The firm combines advanced technology with exceptional client service across market making, agency execution and venues. KCG has multiple access points to trade global equities, fixed income, currencies and commodities via voice or automated execution.

Peter has been with the company and predecessor firm Knight Capital, which merged with GETCO in 2013 to form KCG, since 1997. He has been covering accounts since early 2000, expanding his clients and responsibilities along with the company as it branched out from its strength in equities to include new products and asset classes.

Peter has a B.A. in Political Science from Fairleigh Dickinson University, attended the Security Industry Institute at The Wharton School of the University of Pennsylvania, and has his Series 7, 63, 55 and 24.

Chuck Lugay, Past President

Chuck Lugay has been in the financial services industry for 17 years.  He began his career in fixed income with J.B. Hanauer & Co managing municipal bond portfolios.  In 1998 he joined Knight Capital Group running their listed client services desk.  In total, Chuck spent 14 years with Knight serving the needs of the retail broker dealer community.  In June of 2013 Chuck joined Citadel Securities as a Senior Vice President within their execution services division.  Chuck received a BA in International Relations from the University of Delaware and holds series 7, 24, 31, 55, 63 and 65 licenses. 

Kimberly Unger, Esq,, CEO/Executive Director
STANY

Kimberly Unger has served as the Executive Director of STANY since July 1996 and as President of The STANY Foundation since 1999. In 2011, she was named Chief Executive Officer of STANY. Kim’s responsibilities at STANY vary and include writing comment letters on key market structure issues, strategic and operational planning, stewardship of STANY’s sponsors and members and executing all STANY events.

Prior to joining STANY, Kim worked as a litigation attorney. She began her career in private practice and worked as an associate in the litigation departments of Wilson, Elser, Moskowitz, Edelman and Dicker and Kelly Drye and Warren before moving to in-house positions within the securities industry. During the early part of her career, Kim focused on defense side product liability and general commercial litigation. She was a member of the legal departments of several Wall Street firms including Drexel Burnham Lambert; Prudential; and Gruntal & Co. Immediately prior to joining STANY, she worked as a Senior Regional Attorney and member of the management team in the NASD's District 10 office.

Kim is admitted to the New York State and Federal bars, and has held NASD Series 7 and 63 registrations. Kim received her Juris Doctor from Villanova University School of Law, cum laude, in 1983, where she served on both The Law Review and Moot Court Board, and a BS in Economics from Rosemont College, (in conjunction with the Villanova School of Commerce and Finance) cum laude, in 1980. Kim is also an ordained minister, having graduated for The New Seminary in 1996. In her free time, Kim enjoys graphic design and was graduated from the Shillington School in 2014. 

She has served on the Wings Over Wall Street Committee of MDA since 2010 and received MDA's Michael Beier Award in 2014. Kim has been involved with  fund-raising for over 40 different charities and was honored by Traders Magazine with its Wall Street Women 2015 Charitable Works Award and the New York Society of Association Executives with its New Star Award in 2017. Kim was appointed to the Board of Directors of the NYSAE in May 2017. 

Directors

Peter Cocuzza
Global Liquidity Partners
Peter Cocuzza
Peter Cocuzza, a veteran of Wall Street trading markets, began his career as an options strategist/ trader for PaineWebber Inc., where he traded firm capital and held educational seminars on options strategies. He was appointed to lead and oversee the startup of PaineWebber’s wrap-fee trading desk in New York City. Peter and his team were responsible for executing and handling trades from over 500 asset managers across the country. Peter then joined and co-headed Equity trading for Mitchell Hutchins Inc, the buyside division of PaineWebber, where he traded for the firm’s mutual funds, institutional, and pension fund accounts.

Peter joined Oppenehimerfunds Inc in 2000 where he spent 9 years as lead equity trader for the firms “Value” oriented mutual funds. He represented Oppenehimerfunds as ambassador for many of the various securities trader associations.

After assisting a start –up hedge fund in Princeton, NJ, where he worked as Vice President for Stone Toro Asset Management in Princeton, NJ, he went on to join Vandham Securities, a New Jersey based Broker/Dealer as Director, Business Developments.

Peter joined Global Liquidity Partners in early 2015, where he is responsible for expanding and developing senior client relationships in equities, as well as focusing his efforts on the introduction of Global 's Institutional product offering to both buy and sell side accounts.  

Throughout his career, Peter has served on many securities trader committees for associations such as “Trader Forum” and the “Investment Company Institute” (ICI).

He has been a long time contributor to the Trade Tech Blog, where he has authored several articles on trading and the financial industry.

He was proudly elected to the Board of Directors for the Securities Trader Association of New York (STANY) in 2012.

Peter received his BA in Management/Marketing from Rider University and currently resides in Jackson, New Jersey.

Bill Cody
Bats Global Markets

Bill Cody is a Director of Sales & Institutional Relationship Management at Bats Global Markets.  Bill previously developed and led the institutional outreach program at Direct Edge before its 2014 transaction with Bats.  Prior to Direct Edge, Bill served as Executive Director at broker-dealer Instinet, where he held a number of key positions since joining in 1999.  His roles there included being Head of the Broker-Dealer Sales and Trading desk, as well as its dark pools.  During his 13-year tenure at Instinet, Bill also worked as Vice President of Institutional Equity Trading and as a product and sales manager. He has over 20 years’ experience in the equities markets.

Jeff Cooper
FIS Global 

Jeff Cooper has over seventeen years of experience in the securities industry. Since November of 2010, Jeff has been a Director of Institutional Sales for FIS’s Brokerage unit In New York. Specializing in solutions to the buy side community, Jeff’s focus includes electronic order routing/FIX Network, execution both high touch and low touch algorithmic capabilities as well as data and software. Prior to joining FIS, Jeff worked at Tradeweb, a Thomson Reuters affiliate and Thomson Reuters for five years and specialized in the Autex platform to provide block liquidity and connectivity to both the buy and sell side communities. Jeff spent approximately thirteen years as a position trader and NASDAQ market maker; eight of those years were spent at Schwab Capital Markets in Jersey City, NJ. He currently holds his Series 7 and 63 securities licenses.

Jeff has served on the STANY Board of Directors since August 2010 and has served on several committees in addition to his board duties.

Jeff received his BS in Finance and Economics from Fairleigh Dickinson University and an MBA from Baruch College’s Zicklin School of Business, the City University of New York.

Jeff lives in Morganville, NJ with his wife and two children.

Beth Hamburger
Colt Technology Services
 

Beth has 18 years sales experience in the financial markets. Beth joined Aqua Securities (a block trading entity for U.S. equities and wholly owned subsidiary of Cantor Fitzgerald) in 2012 as Senior Institutional Sales Manager to run the Northeast territory and key accounts throughout the country.  Previously, she was founding member of Bloomberg Tradebook (a wholly owned subsidiary of Bloomberg LP lauched in 1996) where she built, managed and revitalized key institutional relationships selling electronic trading across multi-asset classes to broker/ dealers and Registered Investment Advisors throughout the Northeast, Mid-Atlantic, Midwestern states and Eastern Canada.  

Beth has been a director of STANY for the past 8 years, chaired the International STANY event for the past 4 years and the STANY Emerging Leaders committee for the past 2 years.  Prior to joining STANY she was on the executive board of CT STA affiliate. She holds a series 62 and 42 license.  She was a New Jersey delegate in 2008 and 2012 at Republican National Convention.  Beth holds a BA in Psychology from the University of Michigan and an MBA in marketing/ finance from Northeastern University.  

James Hyde
ICE/NYSE

James Hyde is a Senior Director of ICE/NYSE - Head of Business Development for NYSE Options which includes the NYSE Amex and Arca platforms.  He curently serves on the STANY Board as an officer /Secretary  as well as National Committee Delegate as well as STA board as Chairman of the STA Listed Options Committee.   Mr. Hyde is the former Vice Chairman of the American Stock Exchange Board. As a Floor Governor, He chaired numerous Exchange operating committees and was appointed as Chairman of the Amex Technology Committee. Prior to the closing of the NYSE Euronext/Amex transaction, he was asked to serve as liaison among NYSE Euronext senior staff and the Amex constituencies. Concurrently, he was also a Registered Options Trader for AGS Specialists LLC (Aka Integral Derivatives LLC). Prior to trading for AGS/ID Specialists, he was a Senior Managing Director and head of Option trading for Kellogg Capital Group, L.L.C. He was instrumental in launching Kellogg into the Option, ETF and broker business, through acquisitions of Knight Securities, Spear Leads and Kellogg Index products, the Fogel Group, and the Van Der Moolen Company.  Additionally, he is co-founder of TAHOE Trading LLC and TAHOE Technologies, a proprietary analytical software platform still utilized in the market today. Also, in 2005 he negotiated and closed the transaction transferring control of the American Stock Exchange back to the members from NASDAQ. He received his B.A. from St. John's and in his spare time enjoys making his fine Sorgho Whiskey – James FC Hyde.

Adam Inzirillo
Bank of America Merrill Lynch
Adam Inzirillo 
Adam Inzirillo is a Director in the Electronic Trading Business at Bank of America Merrill Lynch, where he is responsible for managing liquidity and crossing capabilities.  Adam has expanded the firm’s liquidity offering via business development and product management of its smart order router, direct market access, order management applications and dark crossing functionality.

Prior to joining the company, Inzirillo spent five years at UBS, where he managed the distribution of electronic trading products to broker dealers and the business development of its Alternative Trading System (ATS). He was also head of U.S. Cash Equities Business Management where he was responsible for developing and maintaining relationships with U.S. market centers.

Before that, Inzirillo spent five years at Knight Trading Group as a Business Manager in the Broker Dealer Trading and Sales group.

Inzirillo holds an MBA from Dowling College and a bachelor’s degree in Economics from Bucknell University.

William Karsh
OTC Markets Group 

Bill Karsh joined OTC Markets Group as Vice President Corporate Sales in 2016. Prior to that he served as a special advisor to the NSX, with sales responsibility, market structure and development of strategy in cooperation with senior management. Mr. Karsh served as Chief Operating Officer of Direct Edge Exchange LLC. He originally joined Direct Edge in March 2006, serving as Chief Executive Officer while the company operated as a wholly-owned subsidiary of Knight Capital Group. Mr. Karsh has over 25 years of financial services experience, serving in senior management positions at a number of firms, including the Bass Division of BTIG, Trading Services Group, LLC, UNX Inc., Knight Trading Group, Inc., SunAmerica and National Discount Brokers.

Sean Klinkowize
CFRA
Sean Klinkowize

Sean is qbeats Inc.’s Global Head of Sales. He heads a dedicated sales team leading the charge in revolutionizing the world of online content. Sean has over two decades of experience in the financial services industry and brings with him keen expertise and leadership. Prior to joining qbeats, Sean held key Director of Sales positions at a number of influential companies, including PIRA Energy Group and TradingScreen. He also spent 12 years working within the Bloomberg company tree in multiple directorial positions.

In his spare time, Sean serves on the board of directors at The Stepping Stone Day School and is an active philanthropist. He has continually supported St. Jude’s Children’s Hospital, Wings Over Wall Street, The Rett Syndrome Research Trust, and Big Brothers Big Sisters.

Sean graduated from Boston University’s School of Management in 1992 with a Bachelor of Science in Business Administration in Corporate Finance and International Banking.

Daniel Strack
Vandham Securities 

Dan Strack

Dan’s Wall Street career began in 1993 as a summer intern on the software development team at Troster Singer, a Spear, Leeds & Kellogg Company. During that internship Dan was able to identify inefficiencies on the trading floor and harness the technology at the firm’s disposal to create robust processes allowing the sales and trading staff to work smarter and be more productive. 

After graduating from Loyola College in Baltimore with a B.S. in Computer Science, he was offered a position working in Troster Singer’s technology division.  Soon after he was offered an opportunity on the trading floor as a market making assistant. From there Dan moved on to a salestrading role working with top producing teams. Utilizing his combination of market experience and technical background, he turned his focus to program trading clients and helped build Spear, Leeds & Kellogg’s highly successful Program Trading Desk.

In September of 2000, Goldman Sachs acquired Spear, Leeds & Kellogg and Dan took on the challenge of a new role, helping build the Goldman Sachs Trading Services (GSTS) team. Today, GSTS provides dedicated support and client coverage for an array of algorithmic and smart order routing functions to the Broker Dealer community, GS Private Wealth Management and Goldman Sachs’ external retail clients. Dan continues to stay true to his technical roots by providing a bridge between system design and client interaction.

Licenses include Series 4, 7, 9, 10, 24, 55, 63, Canada NEE, PDO and TTC.

Lisa Utasi
ClearBridge Investments

Lisa Utasi is a Director and Senior Equity Trader at ClearBridge Advisors, the largest equity manager of Legg Mason, Inc., with approximately $80.2 billion assets under management. Lisa joined ClearBridge Advisors through a predecessor in 1986.

Lisa is a Past Chairman of the Security Traders Association and Chair of the Education Committee with a direct focus on STA University. Lisa served as STA Chairman, as well as the Chair or Co-Chair of the Trading Issues, Affiliate Liaison and Institutional Committees. In 2004, Lisa was elected to become the President of the Security Traders Association of NY (STANY). Lisa was the first STANY President to open the NYSE on behalf of the organization and as an honor to its members.

Lisa serves on the NASDAQ Quality of Markets Committee where she is also a past ITAC Chair. She participates as a member of the NYSE Institutional Traders Advisory Committee. Lisa was inducted into the National Organization of Investment Professionals (NOIP) in 2004. Lisa is a member of Inst. Investor’s Trader’s Forum and the Investment Company Institute’s Equity Markets Committee.

Lisa holds a B.A. in Political Science and a B.B.A. in Finance from Southern Methodist University.

Lisa is extremely active in the NYC charity community. She has served as an MDA National Vice President and is a two time Chair of MDA’s Wings Over Wall Street Fund Raising Committee.

 

Daniel Weingarten
ITG

Dan Weingarten is currently a Managing Director, responsible for the sell-side execution business at ITG. Prior to joining ITG in 2010, Dan was a Senior Vice President at Penson Financial Services. From 2007- 2010, Dan co-headed clearing and execution sales, strategy and marketing efforts for US, UK, Canada, and Futures businesses. Prior to that, from 2003-2007, Dan was a Senior Vice-President and co-headed sell side sales and strategy at NYFIX. In additional to managing all new sell side sales for the Alternative Trading System he looked after all sell side electronic trading products and new business. Dan has also held sales, product and trading roles at The Island, ECN, Credit Suisse and TDAmeritrade Institutional.  Dan received his Bachelor's degree in Business Administration and Marketing from the University of Delaware.

Consultants

Troy Draizen
ConvergEx

Troy Draizen is Managing Director for Convergex Execution Solutions. In this role, Mr. Draizen helps oversee the sales & trading initiatives for the firm’s global electronic and program offerings and manages a global sales team in offices including New York, San Francisco, Boston and London, helping provide clients with global access to trading in over 100 markets. His primary responsibility is to provide clients with trading solutions to help minimize cost across multiple asset classes. He also serves as a member of Convergex’s Best-Execution and Executive Committees.

Prior to joining Convergex, Mr. Draizen spent almost 8 years at KCG Holdings as Director of Institutional Sales & Trading for the firm’s electronic desk, deploying next-generation algorithms to Knight’s institutional client base.

Mr. Draizen has almost 20 years of industry experience and has also held senior positions at EdgeTrade LLC and Laidlaw & Company.

Mr. Draizen also holds his Series 3, 7, 24, 55 and 66 registrations.

Thomas Jordan
Jordan & Jordan

Tom Jordan is President & CEO of Jordan & Jordan, a financial technology company with domain expertise in information, processes and technologies applied to the securities industry. From 1985-1990, he was the Managing Director of Knight-Ridder Financial/Americas. Prior to this, he was the Chairman of Monchik-Weber, a Wall Street consulting and product development firm. He also held development and marketing positions at IBM. Tom was a co-founder of the Financial Information Forum (FIF) and the initial Chair of FISD. Prior to his business career, Tom served as an officer with the U.S. Army Corps of Engineers in the 1st Cavalry Division and the 1st Infantry Division.

Tom actively participates in many industry initiatives. He is the Advisory Chair of the Financial Information Forum, FIX Trading Community Program Office, and a member of the advisory committee of the Consolidated Tape Association (CTA) and the Unlisted Trading Privileges (UTP) plan. He was recognized by FISD with their Market Data Lifetime Achievement Award. Tom holds a BS degree in Mathematics from Saint Peter's College and a MS in Industrial Administration from Union College in Schenectady, NY. He is a member of the Board of the Knights of St. Patrick.

Brian Kennedy
Bank of America Merrill Lynch

Stephen J. Nelson, Esq.
The Nelson Law Firm, LLC

Stephen J. Nelson is a member of The Nelson Law Firm, LLC, and a securities lawyer practicing in White Plains, New York. The firm's clients include several prominent broker-dealers and investment management firms, as well as issuers in the bio-tech and real estate development industries.

Mr. Nelson has served as head of NASDAQ Correspondent Trading at the Herzog Heine Geduld operations of Merrill Lynch, Director of Herzog Heine Geduld International Limited in London, and General Counsel of J. & W. Seligman & Co. in New York, and was associated with Cleary. Gottlieb, Steen & Hamilton and Hughes, Hubbard & Reed, two prominent, internationally-recognized Wall Street law firms.

Mr. Nelson is a member of the Bar of the States of New York and Connecticut, holds NASD Series 24, 7, 55 and 63 registrations, and is a member of the American Bar Association, the Association of the Bar of the City if New York and The Security Traders Association of New York, where he is a consultant on the Board of Directors.

Mr. Nelson received his Juris Doctor from Harvard Law School, cum laude, in 1986 and a BA in Economics from UCLA, summa cum laude, in 1983.

Bill Vance
Imperial Capital 

For more than 25 years Bill Vance has been actively involved in the financial services industry. During his 22 years at Prudential Securities, Bill rose to become the Managing Director and Head of NASDAQ Trading and is currently a Managing Director at Imperial Capital, LLC.

Bill has served on the Board of the Security Traders Association of New York for over a decade and was the President of STANY in 2005.

As an STA Governor, Bill served from 2006 to 2010 and as Conference Chair from 2008 – 2010.

Throughout his career Bill Vance has traded equity securities. He has the expertise and commitment to serve the organization and the trading community with distinction.