PFM Trading announces that highly-regarded Wall Street sales trader, Kevin Franklin, has joined the e-commerce broker-dealer as a senior vice president.
PFM Trading, Inc. has announced its second high profile hire of 2014 with the arrival of Kevin Franklin, the highly-respected sales trader credited with management of a Wall Street team responsible for the placement of over $1 billion-worth of technology and e-commerce IPO stocks with institutional investors in the last 5 years.
“He brings over 20 years of solid experience forged in what remains the most challenging financial arena on earth; much of it accrued on high-powered trading floors including those at Lehman Brothers Holdings and Bear Stearns,” said Warren Odey, Chief Executive Officer at PFM Trading.
The fast-growing China-based e-commerce and technology broker-dealer says Mr. Franklin assumed his role at its newly-opened Hong Kong office last month after serving out a period of what is colloquially referred to in the financial industry as “gardening leave”.
Edward Gold, VP at PFM Trading explained, “Kevin is an extremely successful sales trader and as such, at the time of his departure, he had knowledge of sensitive information regarding upcoming IPOs his previous employers had been asked to underwrite. In these types of situations, such key employees are typically asked to refrain from working within the industry for a specified period of time.”
Mr. Franklin will spearhead the next phase of the company’s expansion by providing valuable input on the customization of its HFT (High Frequency Trading) system algorithms as well as opening additional sales channels at the Asia Pacific region’s burgeoning institutional client base.
“The wildly successful Alibaba IPO has captured the market’s imagination and we’re seeing hundreds of innovative companies keen to follow in their footsteps and, given Kevin’s ability to place stock with investors, we knew we had to secure his expertise,” concluded Mr. Odey.
About PFM Trading, Inc.:
PFM Trading, Inc. is an independent investment and wealth management practice based in China, and staffed by consummate professionals with a verifiable track record of success in the global financial markets. As at 1 January 2013, PFM Trading managed over $3.5 billion of assets on behalf of esteemed clients around the world.
Here at PFM Trading, we enjoy an enviable reputation within the wealth management community. To others, the phrases “unique approach” and “due diligence” represent no more than marketing-speak but to us, they are a code: a code that is indelibly inscribed upon every part of our organization.
PFM Trading, Inc.
New World Centre,
No. 6009 Yitian Road,
Futian District, 22rd Floor,
Shenzhen, Guangdong, China, 518035