Convergex Adds Industry Veterans Phil Gough and John Holl to International Leadership Team

NEW YORK, Jan. 20, 2015 /PRNewswire/-- Convergex, an agency-focused global brokerage and trading related services provider, announced today the addition of two industry veterans to its international leadership team. Philip Gough has joined the firm as chief executive officer of Convergex Limited, Convergex's London-based brokerage. Gough will oversee all aspects of Convergex's international business operations and will serve on the firm's Executive Committee. In addition, John Holl has joined the company as managing director and head of Convergex Limited's sales and trading. Both Gough and Holl will be based in London.

"Phil and John are proven leaders and seasoned managers; we couldn't be happier to have them joining the Convergex team," said Eric Noll, Convergex president and CEO. "As we continue to grow our international business, their extensive experience in global capital markets will be invaluable. Working together in the past, they have demonstrated the ability to build an execution model that serves clients in innovative and exciting ways."

"Convergex is extremely well-positioned to take advantage of the tremendous growth opportunities in international capital markets today," said Gough. "The company's client-first focus – exemplified by both its high-touch, full-service model and its commitment to innovation in electronic trading – is what truly differentiates the firm from the competition."

Gough most recently served as Chief Operating Officer for KCG Europe, and previously held senior management positions at PricewaterhouseCoopers and Barclays. Holl has held senior trading positions at Cantor Fitzgerald Europe, Citigroup Global Markets and Credit Suisse First Boston. Most notably, he spent more than nine years at KCG Europe, where he served as head of European institutional equities.

Convergex has also added two senior sales traders to its London staff, David Evans and Deepam Bhambhani. Both Evans and Bhambhani recently worked as sales traders at Cantor Fitzgerald Europe.

About Convergex
Convergex is an agency-focused global brokerage and trading related services provider that takes on the industry's toughest challenges, from complicated trades to complex businesses.  With clients' interests as the top priority, Convergex delivers comprehensive solutions that span global high-touch and electronic trading, options technologies, prime brokerage, clearing, commission management and beyond. Headquartered in New York with a presence in several other locations including Atlanta, Boston, Chicago, Orlando, San Francisco and London, the company serves nearly 3,000 clients accessing over 100 global market centers. Convergex provides brokerage services primarily on an agency basis, but may operate in a riskless principal and/or net trading capacity, and in connection with certain ETF or ADR transactions, may act as principal or engage in hedging strategies with such transactions. Convergex does not engage in market making or investment banking activities, other than as a selling group member.

In the U.S., Convergex offers products and services through Convergex Execution Solutions LLC (member NYSE/FINRA/SIPC); G-Trade Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); Convergex Depositary, Inc., and Convergex Solutions LLC, of which Connex, Jaywalk and LDB are divisions.

In London, Convergex operates through Convergex Limited, which is incorporated in England and Wales (registered with company number 06262150). Convergex Limited is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom.

The material, data and information (collectively "Convergex Information") that is available from Convergex is intended for institutional investor use only; is for informational purposes only; is subject to change at any time; is not intended to provide tax, legal or investment advice; and does not constitute a solicitation or offer to purchase or sell securities. Convergex Information is believed to be reliable, but Convergex does not warrant its completeness or accuracy. Clients should read their agreement with Convergex carefully as it contains important information and disclosures about the product or service covered by it. (Rev. 12/2/14)

Please be advised that options carry a high level of risk and are not suitable for all investors. To receive a copy of the Options Disclosure Document, please contact the Convergex Compliance Department at (800) 367-8998.

Contact: Michael Kingsley
              [email protected] 
              212.468.7713

Logo - http://photos.prnewswire.com/prnh/20141119/159635LOGO

SOURCE Convergex