ConvergEx Group Appoints Gary Ardell Chief Information Officer

NEW YORK, Aug. 27, 2013 /PRNewswire/ -- ConvergEx Group, a leading provider of global brokerage and trading-related services, today announced that it has named Gary Ardell chief information officer. With this appointment, Mr. Ardell joins the company's Executive Committee. He continues to serve in his previous positions as head of Business Strategy Development and head of the Financial Engineering and Advanced Trading Solutions unit.

As chief information officer, Mr. Ardell is responsible for the technical infrastructure, software development and business processes of ConvergEx Group and for directing company resources in support of accelerating new product development and innovation.

"Gary has a highly impressive track record leading large-scale technology teams and developing award-winning products," said Joseph M. Velli, chairman and chief executive officer of ConvergEx Group. "His proven abilities and sound judgment make him the right person for this job as we continue to grow our company."

Prior to joining ConvergEx Group in 2006, Mr. Ardell served as the head of financial engineering at Fidelity Capital Markets.  This group developed Fidelity's algorithmic trading products as well as operating one of the largest automated equity market making operations in the U.S. 

Mr. Ardell received his bachelor's degree from Colorado University in electrical engineering and his Ph.D. from Stanford's School of Economic-Engineering Systems.

About ConvergEx Group
ConvergEx Group is a leading provider of global brokerage and trading-related services for institutional investors and financial intermediaries.  ConvergEx combines client-first service with innovative products, sophisticated strategies and proprietary technology to meet the challenges of increasingly dynamic and fast-paced markets. Headquartered in New York with 15 key locations, the company serves more than 3,000 clients accessing over 100 global market centers.

ConvergEx Group includes ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC); LiquidPoint, LLC (member CBOE/SIPC); G-Trade Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); ConvergEx Prime Services LLC (member FINRA/SIPC); ConvergEx Solutions LLC, of which ConnEx, Jaywalk and LDB are divisions; and ConvergEx Limited in the UK and Australia. ConvergEx Group, LLC is a subsidiary of ConvergEx Holdings, LLC.  Additional information is available at www.convergex.com.

Contact:
Elizabeth Anderson
EAnderson@convergex.com
212.468.7713

SOURCE ConvergEx Group



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