SAN FRANCISCO, Feb. 27, 2018 /PRNewswire/ -- 280 CapMarkets®, a fixed income technology platform for advisors, today announced the expansion of its corporate bond trading capabilities and institutional sales team.
"Since beginning trading in May 2017, we have executed more than $1.7 billion in fixed income securities," said Gurinder S. Ahluwalia, chief executive officer. "The expansion of our corporate bond trading capabilities and institutional sales team further enhance the value we bring to our clients, providing access to a diversified universe of bonds, all with 280 Cap Markets' unique technology-driven business model and commitment to pre-trade pricing transparency."
"With the strength of our team and the innovation of our BondNav® technology platform, I am excited that we continue to attract highly experienced and well-respected capital markets professionals to our company," Ahluwalia added. "In doing so, we are able to put decades of bond industry and financial services expertise to work to deliver an outstanding experience to independent advisors for the benefit of their clients."
Alex Buchler joins 280 CapMarkets as head of taxable institutional fixed income sales, bringing more than 25 years of experience helping to build successful sales, trading and research teams. Previously, he was with R.W. Baird, where he was a managing director of fixed income sales. Prior to R.W. Baird, Buchler was a managing director at RBC Capital Markets. His deep industry relationships and broad product knowledge will be an asset as 280 CapMarkets continues to expand its taxable institutional distribution.
Michael J. Cullen leads the company's U.S. investment grade corporate bond trading platform. Cullen joins 280 CapMarkets with more than 20 years of experience managing interest rate and credit risk for Tier 1 banking and full-service brokerage firms. Prior to joining 280 CapMarkets, Cullen held senior rates and credit trading roles at Maybank, Wall Street Access, Mellon Financial Corp. and Piper Jaffray.
Karl A. Mayr leads the company's high-yield corporate bond trading platform. Mayr brings a broad-based knowledge of the financial markets, with particular expertise in corporate bonds and credit derivatives. He has more than two decades of experience with major firms such as Merrill Lynch, RBC Capital Markets, Commerzbank AG, and GMP Securities, including assignments in the U.S., London, and Tokyo.
John P. Lomangino joins the company's municipal institutional sales team, led by Dave Rudd, managing director. Lomangino has a strong track record with more than 14 years of experience in both institutional sales and trading, covering top tier accounts. Most recently, Lomangino was vice president at Cantor Fitzgerald, and prior to that, he held senior-level positions with Mitsubishi UFJ Securities, Morgan Stanley, and Deutsche Bank Securities.
Alex Buchler is based out of 280 CapMarkets' San Francisco office. Michael Cullen, Karl Mayr and John Lomangino are based out of the company's New York office.
280 CapMarkets is at the forefront of providing a transparent, modern way for investment advisors to access, search and compare a broad universe of bonds through its cloud-based platform, BondNav. This technology provides greater transparency into bond pricing and availability. It gives advisors visibility to a full range of bond offerings by issuer or series, along with historical trading data, so that they can confidently select the right bonds for their client at the right price. BondNav is backed by an experienced, high-touch, full service capital markets team.
About 280 CapMarkets
280 CapMarkets combines the experience and execution services of a traditional broker-dealer (280 Securities LLC, a member of FINRA/SIPC) with a cloud-based technology platform to provide intuitive bond trading ideas, access to a broad offering of bonds, and greater pricing transparency. 280 CapMarkets serves investment advisors and wealth managers, and uses its balance sheet to provide liquidity in the fixed-income markets. Headquartered in San Francisco, 280 CapMarkets has offices in New York, Seattle, and Los Angeles. To learn more please visit 280capmarkets.com.
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