In the near term, Mr. Dyer anticipates growing the trading team by retaining several additional desk analysts, equity traders and sales traders, with the goal of eventually expanding the department to 15 professionals. These professionals will offer the best execution, color, corporate access, strong investment banking, capital markets, preferred and debt structured products to their accounts. In addition, PrinceRidge has strong expertise in SPAC offerings, and shortly plans to expand into PIPEs, MLPs and regular equity offerings.Commenting on the hiring of Ari Wald, Mr. Dyer said, “I am delighted to bring Ari Wald onboard. He brings to the table a technical view of stocks and the market place that was recognized by the Wall Street Journal for correctly calling the 2011 low in the S&P 500. Ari will play a major role in building PrinceRidge’s brand recognition with our client base and the financial community.”
PrinceRidge Group Forms Equity Trading And Institutional Sales Trading Group
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