EFX Prime announces new hires
18 June 2010 New York
Image: Shutterstock EFX Prime Services, a division of First New York Securities, this week has announced that it's hired two prime brokerage executives to help lead EFX Prime's sales efforts. Both will be based out of EFX Prime's New York Headquarters at 90 Park Avenue.
Jonathan Shapiro joins EFX Prime from Goldman Sachs & Co. where he was a senior relationship manager. With a strong operational background based on 10+ years of prime services experience, Shapiro will assist EFX Prime clients address the mounting operational and infrastructure challenges. His experience working with some of the biggest hedge funds as clients will offer EFX Prime clients unique perspective on how to build their business.
Gary Mednick, a 29 year brokerage veteran, joins EFX Prime from Grace Financial where he built out a strong client base of hedge fund managers and active traders. Mednick was also the founder of On‐Site Trading, a leading proprietary trading and agency brokerage and one of the early adopters of DMA technology. With strong familiarity with quantitative and high frequency trading strategies, Mednick will guide the firm to leverage its considerable infrastructure to partner with active trading strategies.
"Building on the 25 years of trading success of First New York EFX Prime Services offers an unparalleled operational service offering and trading expertise and acts as a true partner to our clients success," commented Brian Stutman, Managing Director. "We are pleased to add Jonathan and Gary to EFX Prime Services. Their tremendous experience and specific areas of expertise will help our clients leverage our trading expertise, operational excellence and unique capital introduction effort."
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