Forefront Communications

The TRADE: Tourmaline Adds Three Industry Veterans to Outsourced Trading Desk

Forefront Communications

Forefront Communications

Tourmaline has hired three senior buy-side trading and operations veterans as demand for outsourced trading continues to grow.

Alex Goodman, Matt Sindell and Darren Mazzuca are the latest new hires to join Tourmaline. Goodman and Sindell have been appointed managing directors at the firm, while Mazzuca joins as director of operations.

Goodman was most recently head of US cash trading at Macquarie Capital, but previously worked at multiple hedge funds, including Hutchin Hill Capital and Davidson Kemper, in senior equity trading roles.

Similarly, Sindell joins Tourmaline after 13 years with Susquehanna International Group as a senior member of the equity and equity derivatives sales team. He has also held positions at Cathay Financial and Ladenburg Thalmann.

Mazzuca, Tourmaline’s new director of operations, has been global operations manager at Gabelli Asset Management for the past eight years. Prior to that, he spent more than a decade with BlackRock where he was vice president of portfolio analytics for client services.

“As everyone on the buy side knows, there is a huge amount of buzz around outsourced trading,” said Goodman in regard to his move. “Tourmaline is the recognised standard-bearer in the field, and I am excited to be moving into not only a growth industry, but the leader in that growth industry.”

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