Bay Crest Partners LLC, a leading technology-driven agency-only brokerage firm catering to institutional clients, has announced the appointment of Marcos Pagani as Managing Partner. This strategic move brings significant expertise to Bay Crest Partners, reinforcing its commitment to providing top-tier services in the institutional brokerage landscape.
Mr. Pagani joins Bay Crest Partners with an impressive 20-year track record in equities and derivatives execution. His deep understanding of market structure and his dedication to improving market transparency make him a valuable addition to the firm. Prior to joining Bay Crest Partners, Mr. Pagani held the position of Managing Director at BGC Partners for nine years, where he was responsible for delivering execution services to institutional clients. His earlier experience includes founding Momentum Partners and co-heading equities for GFI Group in the U.S., further solidifying his reputation as a seasoned industry leader.
William Mulligan, Chief Executive Officer and Principal of Bay Crest Partners, expressed his enthusiasm about the appointment, stating, “Marcos possesses exceptional execution expertise across diverse market conditions and volatility cycles, complemented by an unparalleled client network. We are thrilled to welcome him as Managing Partner during this exciting growth phase for Bay Crest Partners. His profound knowledge of dark pool mechanics is evident in the trust placed in him by industry leaders to discreetly source substantial institutional liquidity in both equity and options.”
Anthony Riccio, Principal at Bay Crest Partners, also highlighted the strategic importance of this appointment: “We are confident in our strong foundation, and the entire Bay Crest team is eager to collaborate with Marcos to expand our service offerings and provide enhanced value to our clients. Bay Crest Partners is continuously enhancing its execution capabilities across various product lines, making significant progress towards becoming the premier technology-driven, high-touch destination for institutions seeking a truly unconflicted execution partner.”
Mr. Pagani himself shared his excitement about joining the firm: “I am incredibly excited to become part of Bay Crest Partners at a time of such significant growth potential. I look forward to working closely with William, Anthony, and the entire Bay Crest team to build upon the firm’s inherent execution-focused DNA. I am also eager to collaborate with the A.I. team on developing cutting-edge trading and data products. Bay Crest Partners‘ established volumes in equities and derivatives are truly impressive. The firm occupies a unique position in today’s brokerage environment: an execution model powered by technology, yet driven by the entrepreneurial spirit of its traders. My vision is for Bay Crest Partners to be the firm where every talented trader in our industry can contribute to improving execution outcomes, delivering valuable coverage to our clients, and achieving success.”
Bay Crest Partners: A Leader in Institutional Brokerage
Established in 1993, Bay Crest Partners, LLC, stands as a leading agency-only brokerage firm committed to serving institutional clients worldwide. The firm leverages best-in-class technology and invests in proprietary fintech solutions to provide a competitive edge in meeting client needs. Bay Crest Partners delivers trading execution expertise comparable to larger firms, combined with the personalized service of an independent practice. Innovation in technology to enhance connectivity and execution remains central to Bay Crest Partners‘ mission. In 2021, the firm facilitated over $800 billion in equity notional value and more than sixty-five million listed equity option contracts, demonstrating its significant market presence and trusted position within the institutional trading community.
For media inquiries, please contact Maureen McNicholas at [email protected] or visit baycrestpartners.com.
