Wall Street Letter VOL. XLVI, NO. 1 - January 2014 | Page 7

JANUARY 2014

erans, is expanding its staff due to a
successful re-entry into the municipal
markets space, Chamberlain noted.
Currently, Mischler is searching for
an undisclosed number of hires in the
fields of equity capital markets and
sales, according to Chamberlain.
“We are currently looking for folks
in the equity capital markets as well
as key trading staff,” said Chamberlain. “We are also looking for fixed
income professionals for senior capital markets and municipal markets.”
The company is adding more
resources based on demand and opportunities to fill a void in the market
as it shifts its efforts towards the
municipal markets in an effort to go
back to its roots, according to Chamberlain, who brought the company
into novel waters by adding the debt
capital markets business.
Chamberlain joined in 2011 as a
principal and stepped into the role of
CEO in January of this year. The company has underwritten 188 debt deals
totaling more than $180bn, he said.
The company aims to hire veterans
or people whose relatives served in
the military, Chamberlain noted, adding that about 25% of the company is
comprised of veterans.
TECHNOLOGY

IPC to selectively
connect to more
SEFs
IPC will selectively connect to various
swap execution facilities based on client
interest in advance of an anticipated
February 2014 mandatory trading
deadline, according to Bart Bartolozzi,
senior product marketing manager at
IPC. The activity follows a new link
forged between IPC’s extranet and
TerraExchange last month.
The vendor, which provides voice
and electronic trading communications technology, partnered with
TerraExchange, an approved SEF
that is connected to IPC’s Connexus

Financial Extranet
service, according
to Bartolozzi. He
noted IPC reached
out to various SEFs
as the platforms
begin to take shape
BART BARTOLOZZI and find their
senior product
niches.
marketing manager
As of now, IPC
at IPC
is talking to most
of the 18 registered SEFs, but the plan
is to connect to the ones requested by
end users of the Connexus platform,
according to Bartolozzi.
“Our customers on Connexus are
demanding us to be connected to
primary SEFs, because there will be
a period of time as clients educate
themselves on the various SEF focuses and advantages and which specialized SEF they need to connect to
so that they can enact their strategy,”
said Bartolozzi.
An example of customer need
resulting in connections is the transparency offered by TerraExchange,
which allows for traders to have a
look into the marketplace like never
before, according to Bartolozzi.
“A hedge fund that may have a specific strategy in mind can now clearly
see what a centralized marketplace
has to offer and what their options
are,