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People moves news

TradeZero hires Pagnanelli as director of securities lending


13 May 2024 US
Reporter: Carmella Haswell

Generic business image for news article
Image: TradeZero
TradeZero has announced the appointment of Brian Pagnanelli as director of securities lending of its subsidiary and clearing firm, TZ Clear LLC.

Pagnanelli brings more than 40 years of securities lending experience to his new role. He
will help to grow TZ Clear’s retail and institutional stock loan function.

He has previously held senior positions at Lehman Brothers, Paloma, Bank of Montreal, Electronic Transaction Clearing and Apex.



Ila Jehl, CEO of TZ Clear, comments: “I am excited about Brian’s arrival at TZ Clear. Brian
brings tremendous experience and a strong network, which are real benefits to our team. We
look forward to a long and successful collaboration.”

Commenting on his new role, Pagnanelli says: “I am excited about TZ Clear’s huge growth
potential. I cannot wait to make an impact at TradeZero and on its securities lending business.”

TradeZero Holding Corp. operates multiple broker-dealer subsidiaries that provide next-generation online trading platforms for active retail traders.

The company provides retail
traders with commission-free stock trading and direct market centre access to US equities
and equity options trading.
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