This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Gleacher & Company Adds Experienced Traders To MBS & Rates Division

About Mr. Pace

Mr. Pace joins Gleacher & Company from Bank of America, where he was a Vice President focusing on mortgage-backed securities trading. Prior to joining Bank of America, Mr. Pace spent six years at Credit Suisse, most recently as a Vice President. Before starting his career in financial services, Mr. Pace served in the United States Marine Corps where he rose to the rank of First Lieutenant. Mr. Pace received a B.A. in Economics from Williams College.

About Mr. Read

Mr. Read has thirteen years of experience trading ABS and MBS products and joins Gleacher & Company from Cantor Fitzgerald, where he was a Director and Senior Trader. At Cantor Fitzgerald, Mr. Read was responsible for market making in various subprime mortgage products, second liens and consumer-oriented ABS products. Prior to that, he held senior trading positions at Cohen & Company (now known as Institutional Financial Markets, Inc.), Miller Tabak Roberts and BlueMountain Capital Management. Mr. Read spent the first eight years of his career at BlackRock Financial Management, most recently as a Director and Portfolio Manager in the Investment Strategy Group. Mr. Read received a B.S. in Industrial Engineering from the University of Rhode Island and an M.S. in Financial Engineering from Columbia University.

About Mr. Vu

Mr. Vu joins Gleacher & Company from UBS where he was a Director in the MBS group. Prior to UBS, Mr. Vu held trading and analyst roles at Wells Fargo Home Mortgage, Citigroup, and Travelers Life & Annuity. Mr. Vu received a B.S. with a concentration in Actuarial Science from the University of Hartford and an M.B.A. from Washington University in St. Louis.

About Gleacher & Company, Inc.

Gleacher & Company, Inc. (Nasdaq: GLCH) is an independent investment bank that provides corporate and institutional clients with strategic and financial advisory services, including merger and acquisition, restructuring, recapitalization, and strategic alternative analysis, as well as capital raising, research based investment analysis, and securities brokerage services, and through a new subsidiary, engages in residential mortgage lending. For more information, please visit

Forward-Looking Statements

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.27 -0.76%
FB $101.00 1.47%
GOOG $684.12 0.89%
TSLA $143.67 -3.09%
YHOO $27.10 1.04%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs