Phoenix appoints Business Development MD
Bill Parkhurst joins Phoenix Partners Group from UBS
2008.07.25 : New York – Bill Parkhurst joins the New York office of Phoenix Partners Group, the inter-dealer broker specialising in OTC derivatives and related securities in New York and London (www.phoenixpartnersgroup.com).
Parkhurst joins as Managing Director responsible for Business Development though which he will apply his extensive experience in both strategic planning and implementation of change in the financial services industry.
Parkhurst brings 26 years of experience in the financial sector, most recently at UBS Investment Bank where he was Executive Director and US Head of Client Connectivity. He has also held positions at BondDesk Group and US Bancorp.
Nick Stephan, CEO, Phoenix Partners Group: commented, “The derivatives market is developing and evolving at such a pace that it is not enough for brokers to be standing still. Bill will be the driving force of change for Phoenix as we continue to lead in our key markets while expanding in to new areas.”
Phoenix Partners Group launched in New York in August 2005. In under a year the company established itself among the top three CDS brokers in North America. Phoenix’s London office was launched in October 2006 and has experienced a similar rapid growth. Phoenix’s success can be attributed to its culture of developing highly motivated professional brokers empowered with cutting edge technology. Phoenix offers its clients a click based trading platform, as well as a hybrid trading solution, both coupled with Straight Through Processing.