BTIG Strengthens Chicago Presence

NEW YORK--(BUSINESS WIRE)--

BTIG LLC, a global financial services firm specializing in institutional trading and related brokerage services, is strengthening its Chicago presence with the hire of three veteran traders: Matt Biety, Matt Krebs and Peter Murphy.

“We're excited to expand our presence in Chicago,” said Steven Starker, Co-Founder of BTIG. “These experienced professionals will give the office further momentum by increasing our client base in the region and adding to our product offerings.”

Peter Murphy joins BTIG as a Managing Director. He is a 13-year veteran of Knight Capital, where he began as a market maker and moved into sales two years later. Before he joined BTIG, he had been the manager of Knight's Chicago office.

Matt Biety joins BTIG as a Director. An 18-year financial industry veteran, Biety most recently was a sales trader and director at Knight Capital. He has also traded cash equities at Jefferies & Co. and he was an equities block trader at First Union Securities (now Wells Fargo). Biety started his career as a futures and options trader at the Chicago Mercantile Exchange and the Chicago Board Options Exchange.

Matt Krebs joins BTIG as a Director. He was most recently vice president of institutional sales at Knight Capital, for whom he's worked since 2005.

Murphy, Biety and Krebs will report to Walter Mis, the head of BTIG's Chicago office. BTIG's build out of its Chicago office is part of a strategy to expand its presence on the ground in several key local markets throughout the U.S. BTIG plans further hires and additional local office expansions throughout the year.

BTIG has nine domestic offices in New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank and Orinda.

About BTIG

BTIG LLC is a premier institutional brokerage and fund services company. BTIG continues to build its global franchise around a broad and experienced group of professionals who are leaders and experts in their respective fields. Founded in 2002, BTIG, including through its affiliates, employs more than 400 professionals in five different countries. BTIG serves customers from all over the world and offers services in 11 areas: Equity Trading, Fixed Income, Futures Trading, Convertible Securities, Equity Derivatives, Prime Brokerage, Outsource Trading, Direct Market Access, Capital Markets, Equity Research and Corporate Access. BTIG has nine domestic offices: New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank and Orinda. The firm also has four overseas affiliates: London, Hong Kong, Singapore and Sydney.

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