Jefferies & Company, a subsidiary of Jefferies Group, has hired Thomas E. Labenz, who will serve as Head of Equities Technology Trading. Labenz brings more than twelve years of trading experience to the Firm’s platform, including four years with Hambrecht & Quist and, most recently, four years as Director of NASDAQ Trading at First Albany. He will lead a team of six technology traders and will be based in the Firm’s New York Headquarters.
“Mr. Labenz is an accomplished trading professional with extensive risk management experience,” says Ron Hammer, the Head of Equities Trading for Jefferies & Company, Inc. “We are confident his expertise and strong customer relationships will bring immediate value to our tech-focused institutional investors, and enhance our presence in the sector significantly.”
“The technology sector’s ongoing innovation and evolution garners intense investor interest, and I look forward to helping build upon Jefferies’ successful efforts in this space,” adds Labenz. “The Firm’s growing reputation, high quality research product, and diversified, full-service equities platform were key factors in my decision to join.”