Susquehanna Financial Group Hires Matt Troy as Senior Analyst to Cover the Transportation Services Sector

NEW YORK, July 14 /PRNewswire/ -- Susquehanna Financial Group, LLLP (SFG), the institutional broker-dealer member of the Susquehanna International Group of Companies (SIG), announced today that Matt Troy will join the firm as Senior Analyst covering the Transportation Services sector. Mr. Troy, whose coverage will include names such as Union Pacific Corporation, FedEx Corporation, JB Hunt Transport Services Inc., and Expeditors International, will be based out of SFG's Stamford, Connecticut office and is expected to start in early September.

"Matt is an exciting addition to SFG's growing Energy and Industrials research team – which consists of Duane Grubert (Exploration & Production), Charles Minervino (Oilfield Services), Ted Grace (Industrials/Machinery) and Don Carson (joining SFG in August - Agricultural, Commodity, and Specialty Chemicals)," said Mike Towey, SFG's Director of Research. "We now have 23 senior fundamental analyst teams in six major industry sectors (Financial, Consumer, HC, Energy, Industrials, and TMT). We are growing quickly and expect to have 325 stocks under coverage by November."

"Matt is another great hire which further deepens our differentiated research offering," stated Cory Carlesimo, SFG's Head of Equities. "The Industrial sector is extremely relevant to our clients, so we are excited to be adding someone of Matt's caliber to our talented Energy and Industrials vertical. We are in the middle of an exciting and robust expansion, during which we have hired more than 70 people across trading, sales and research over the past 10 months. The outstanding level of talent we have assembled is a testament to the firm's ongoing commitment to our clients."

For the last eleven years Mr. Troy has worked at Citigroup Investment Research where, most recently, he was a top rated analyst covering the Transportation sector. Prior to that, Mr. Troy was recognized as Institutional Investors #1 ranked analyst in Imaging Technology & Services. Before that, Mr. Troy was a senior member of a Top 3 Institutional Investor ranked team covering the North American Transportation sector. Prior to Citigroup, Mr. Troy worked for PricewaterhouseCoopers as a senior associate. Mr. Troy earned his Bachelor of Science degree from Bucknell University.

Mr. Troy's appointment follows a number of significant U.S. equity research senior analyst hires in the last six months, including:

• Don Carson - Agricultural, Commodity, and Specialty Chemicals (joins in August)
• Chris Caso - Semiconductor Devices
• Ted Grace - Industrials/Machinery
• Duane Grubert - Exploration & Production
• David Hilder - Large-Cap Banks
• Mehdi Hosseini - Semiconductor Capital Equip/Cleantech (joins in August)
• Gary Nachman - Specialty Pharmaceuticals (joins in August)
• A.J. Rice - Healthcare Services
• Rachael Rothman, CFA - Gaming, Lodging, Leisure and Restaurants
• Bob Summers - Food, Drug and Discounter Retailing

About Susquehanna Financial Group, LLLP

Susquehanna Financial Group, LLLP (SFG), a member of the Susquehanna International Group of Companies (SIG), is an innovator in global finance, servicing the needs of clients worldwide in the areas of sales, fundamental research, and market intelligence. Building upon SIG's command of the options marketplace and its quantitative trading capabilities, SFG has cultivated a robust service offering that provides liquidity, industry-leading insights, and execution services. SIG employs approximately 1,500 individuals located in North America, Europe, Asia, and Australia. For additional information, please visit www.sig.com.

SOURCE Susquehanna Financial Group, LLLP