SOURCE: Pipeline Trading Systems

November 15, 2011 18:32 ET

Pipeline Announces Appointment of Jay Biancamano as Executive Chairman

NEW YORK, NY--(Marketwire - Nov 15, 2011) - Pipeline Financial Group, Inc. today announced that it will appoint Jay Biancamano as Executive Chairman. Biancamano has previously served as Global Head of Marketplace and Corporate Strategy at Liquidnet, and as Vice President and Director at ITG. Biancamano replaces Alfred R. Berkeley, who has retired from Pipeline.

"I'm excited to accept this opportunity to lead Pipeline forward," said Biancamano. "This company has great products, very talented and dedicated people, and tremendous upside as a leading technology innovator. I think there are game-changing opportunities here to deliver value to customers."

"We are fortunate to have a leader of Jay's caliber join us," said Reid Curley, Chief Operating Officer of Pipeline Financial Group, Inc. "He is widely admired in the industry for his deep understanding of market structure, his history of successful innovation, and his personal integrity. Under his leadership, we will offer our customers innovative products that provide excellent execution, and work hard to earn their renewed trust."

Effective November 13, 2011, Fred J. Federspiel has resigned from all positions at Pipeline Financial Group and its subsidiaries in order to pursue new opportunities. Pipeline wishes him all the best in his future endeavors.

About Pipeline
Pipeline serves institutional trading desks seeking high execution quality. Pipeline uniquely combines order arrival analysis, custom strategy recommendation, trade implementation via predictive switching between algorithms, and context-specific post-trade TCA. Pipeline helps institutional traders achieve significant improvement in execution performance in today's challenging liquidity environment, and is known for its ability to execute difficult trades with good results. Pipeline is headquartered in New York with offices in Boston, Chicago, San Francisco and London. Pipeline Trading Systems LLC is a member of FINRA and SIPC.

Contact Information

  • Contacts
    Pipeline Financial Group, Inc.
    Tom Corddry
    Managing Director, Head of Marketing
    Tel: 212-370-8279
    Email: Email Contact

    Peter Czyryca
    BackBay Communications
    Tel: 617-556-9982x226
    Email: Email Contact