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Newedge pair form options team at Knight – London hire to come

25 February 2010

Knight Capital Group, the leading US equity broker, has continued its expansion into derivatives by hiring Adam Templeton and Ryan Sylvester from Newedge as co-heads of strategic options.

Read more: [Knight Capital] [options] [strategic options] [US equity options] [Adam Templeton] [Ryan Sylvester] [Reginald Brown] [Newedge] [Pali Capital]

The team hire also includes the recruitment of Brad Manuilow in San Francisco – he is also from Newedge and specialises in technology companies. And three sales traders have joined from Pali Capital, the crumbling boutique investment bank: James Murphy, Robert Mabry and Jeffrey Fittipaldi.

Newedge declined to comment. Pali has been struggling to find a buyer amid mass departures of its senior executives, but announced a week ago that it planned to close.

Knight wants the options team to cover Europe as well as the Americas, and expects to announce a hire in London...