Susquehanna Financial Group Hires Akir Gutierrez and Trevor Mottl; Expands Institutional Brokerage Business

NEW YORK, May 10, 2010 /PRNewswire via COMTEX/ -- Susquehanna Financial Group, LLLP (SFG), the institutional broker-dealer member of the Susquehanna International Group of Companies (SIG), today announced the hiring of Akir Gutierrez as Product Coordinator for the equity platform and Trevor Mottl as Head of Derivatives Strategy and Research. Messrs. Gutierrez and Mottl are respected industry veterans, each having over a decade of experience, and their hiring further increases SFG's value proposition for its customers. They will both be based out of SFG's New York office.

As Product Coordinator for the equity platform, Mr. Gutierrez will utilize his unique combination of fundamental and derivatives knowledge to effectively package information across asset classes (cash and derivatives).

As Head of Derivatives Strategy and Research, Mr. Mottl will help integrate SFG's research verticals (fundamental, derivatives, quantitative, and market intelligence) and drive content from SFG's Market Intelligence and Quantitative teams.

"We continue to add high quality professionals to our best-in-class derivatives platform," stated Nick Wood, SFG's Head of Derivatives Sales. "Akir and Trevor are versatile professionals who will continue to capture information flow among Derivative, Quantitative and Fundamental research, delivering an integrated solution for our clients." Mike Towey, SFG's Director of Research, added "the timing of these additions is perfect. Akir and Trevor arrive during a period of substantial growth in our Sales, Research and Trading departments and their expertise will help us deliver the full potential of the SFG platform." Prior to joining SFG, Mr. Gutierrez was a director in Deutsche Bank's Equity Focus Group, where he managed the packaging and delivery of the U.S. equity research product across multiple channels. His experience includes managing the equity morning meeting, crafting daily research themes for cash and derivatives sales trading and communicating trends in equity flow across products to clients. Prior to Deutsche Bank, Mr. Gutierrez spent more than a decade at Lehman Brothers, including nine years in institutional equity sales and two years as a senior derivatives sales trader.

Mr. Mottl joins SFG after three years at Goldman Sachs, where he was a vice president in the equity strategies group structuring and marketing equity derivative transactions. Prior to Goldman Sachs, Mr. Mottl spent three years at Merrill Lynch on the fund linked derivatives trading desk. Mr. Mottl started his career at Credit Suisse First Boston in New York where he spent five years as a trader.

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 www.sig.com.

SOURCE Susquehanna Financial Group, LLLP www.prnewswire.com Copyright (C) 2010 PR Newswire. All rights reserved -0- KEYWORD: New York INDUSTRY KEYWORD: FIN SUBJECT CODE: PER

CXP