Susquehanna Financial Group Hires Michael Karmiol as Senior Healthcare Sector Trader

Jan 06, 2010, 08:50 ET from Susquehanna Financial Group, LLLP

NEW YORK, Jan. 6 /PRNewswire/ -- Susquehanna Financial Group, LLLP (SFG), the institutional broker-dealer member of the Susquehanna International Group of Companies (SIG), announced today that it has hired Michael Karmiol as its new Senior Healthcare Sector Trader. Mr. Karmiol will be part of SFG's Cash Equity Trading team working under Charlie Sweeney, and will be based in the firm's New York office.

"We view branded sector traders who differentiate at the point of execution as critical to our ongoing success," stated Charlie Sweeney, Head of Cash Equity Trading for SFG. "With the addition of Mike, we now have high impact branded sector traders in all relevant sectors and continue to augment our best-in-class trading franchise at SFG."

Prior to joining SFG, Mr. Karmiol was the senior healthcare trader for BTIG, and previously a vice president within cash equity trading for Morgan Stanley. During his tenure at Morgan Stanley, Mr. Karmiol served as both a technology and healthcare trader. Mr. Karmiol started out his career at UBS Investment Bank where he was responsible for trading healthcare stocks, including both listed and over-the-counter. Mr. Karmiol earned his BA from Yale University.

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

SOURCE Susquehanna Financial Group, LLLP