NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) — Bay Crest Partners Llc, a leading technology-driven and agency-only brokerage firm catering to institutional clients, has announced the appointment of Marcos Pagani as its new Managing Partner. Mr. Pagani brings two decades of extensive experience in equities and derivatives execution, coupled with a deep understanding of market structure dynamics, to Bay Crest Partners LLC. His expertise is expected to further enhance the firm’s capabilities and service offerings for its institutional clientele.
Prior to joining Bay Crest Partners LLC, Marcos Pagani spent nine years as Managing Director at BGC Partners, where he was responsible for delivering high-quality execution services to institutional investors. Earlier in his career, he founded Momentum Partners and served as co-head of equities for GFI Group in the U.S., demonstrating his entrepreneurial spirit and leadership in the financial industry.
William Mulligan, Chief Executive Officer and Principal of Bay Crest Partners LLC, commented on the appointment: “Marcos possesses significant execution expertise across diverse market conditions and volatility cycles, complemented by an exceptional client network. We are thrilled to welcome him as Managing Partner at Bay Crest as we embark on our next growth phase. His profound understanding of dark pool mechanics is evident in the trust placed in him by numerous industry leaders who rely on his ability to discreetly source substantial institutional-sized liquidity in both equity and options markets.”
Anthony Riccio, Principal at Bay Crest Partners LLC, added, “We believe Bay Crest has established a robust foundation, and our team is eager to collaborate with Marcos to expand our service portfolio and provide enhanced value to our clients. Bay Crest Partners LLC is dedicated to continually developing our execution capabilities across various product lines, making significant progress towards becoming the premier technology-driven and high-touch platform for institutions seeking a truly unconflicted execution partner.”
Marcos Pagani himself expressed his enthusiasm about his new role: “I am incredibly excited to join Bay Crest Partners LLC at this pivotal time of growth for the firm. I look forward to working closely with William, Anthony, and the entire Bay Crest team to build upon the firm’s inherent execution-focused culture. Furthermore, I am eager to collaborate with the A.I. team to develop cutting-edge trading and data products. I am deeply impressed by Bay Crest Partners LLC’s strong volumes in both equities and derivatives. The firm holds a unique position in today’s brokerage environment: an execution model empowered by technology but driven by the entrepreneurial mindset of its traders. My vision is for Bay Crest Partners LLC to be the destination where every talented trader in our industry can contribute to improving execution outcomes, delivering valuable coverage to our clients, and achieving collective success.”
About Bay Crest Partners LLC
Established in 1993, Bay Crest Partners LLC stands as a premier agency-only and unconflicted brokerage firm with a global focus on institutional clients. The firm utilizes Bank of America Merrill Lynch for clearing services, employs best-in-class technology, and invests in proprietary fintech solutions to gain a crucial advantage in meeting client needs. Bay Crest Partners LLC offers clients the execution expertise typically associated with larger firms while maintaining the personalized, high-touch service of an independent practice. Innovation in technology to enhance connectivity and optimize execution is central to Bay Crest’s mission. In 2021, Bay Crest Partners LLC facilitated over $800 billion in equity notional value and more than sixty-five million listed equity option contracts, demonstrating its significant market presence.
Media Contact:
Maureen McNicholas
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baycrestpartners.com
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