New York – Despite the recession that has affected all elements of the financial services industry, OTR Global is expanding. Stanton Green, CEO of OTR Global said in the press release (below) that business at the firm has been growing recently and it is time to add resources. Additional resources will be added in Boston, including two new hires: Christopher Horan and Graham Morrell. The expansion of OTR’s Boston office widens their trading footprint beyond New York. OTR’s research footprint extends from New York to San Francisco through to Shanghai and Germany.
FOR IMMEDIATE RELEASE
OTR Global Expands Research Sales and Trading Presence in Boston
New Trading Desk and Expanded Sales Force Moving to One Post Office Square
New York, June 28, 2010 – OTR Global LLC (“OTR”), a leading provider of primary industry intelligence/marketplace checks and high-touch trading for institutional investors, announced the opening of a new office in the heart of Boston’s Financial District. In order to better serve its regional clients, OTR is expanding its Boston office, increasing staff and adding a trading desk. This expansion will bolster OTR’s long-established sales and trading operation headquartered in New York, and additional research and sales offices in San Francisco, Shanghai and Germany. The balance of OTR Global’s team of more than 200 investigative journalists work virtually in the local markets they cover throughout the United States, Europe and Asia.
“Boston has always been a key financial center and area of growth for OTR. Our increased presence and closer proximity to our clients will enhance our ability to service them better, with research and now trading, and a great team with deep roots in Boston,” said Stanton Green, President and CEO of OTR Global. “Despite the downturn, our client base has grown significantly which makes having a larger local presence a logical step for us. We’re very excited about the opportunity to offer clients new services here while also expanding our sector coverage and international research capabilities in regions like China.”
New Hires and Moves
OTR Global’s Boston trading desk will initially be staffed by two new experienced hires, Christopher Horan and Graham Morrell. Originally from Boston, institutional sales representative, Dominic Lamanuzzi, will be relocating from the New York office to join Brian Coakley and Mike Hanley who have been with OTR for several years, covering the Boston institutional investment community.
Christopher Horan joins OTR from Echobridge Capital where he served as Senior Analyst. Prior to that, he was an equity trader with Fidelity investments where he also held a research position within the High Yield Group. Mr. Horan holds a BS degree in finance from Boston College, and an MS degree in finance from Northeastern University.
Graham Morrell was formerly an institutional equity trader at Canaccord Adams, responsible for the financial, REITs and lodging sectors. Previously he held positions with Balyasny Asset Management, where he traded international, financial & healthcare equities, and with Fidelity Investments where he traded equities across a variety of sectors. Mr. Morrell holds a BA degree in government from Harvard University.
“Christopher and Graham come to us with strong track records in financial services and deep knowledge of the Boston financial marketplace. They are solid additions to our trading team,” said David Ambrose, Director of Trading. “This marks the first time we’ve expanded our trading operations beyond New York, and we’re looking forward to working more closely with the investment community in the Boston area.”
About OTR Global LLC
OTR Global is the world’s largest channel checker to institutional investors, and a leading provider of primary intelligence. Since 1995 OTR Global has been using investigative journalist techniques to extract information that often signals inflection points before they are widely known. OTR Global’s agency trading desk offers best execution services with a focus centered on the intelligence delivered via OTR’s research services.
For more information, please visit www.otrglobal.com.
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OTR Global, LLC