ACGM Grows Municipal Bond Trading Desk, Hiring Daniel Sater as Associate Director
New York, NY., July. 1, 2013 – ACGM, INC. (“ACGM”) today announced the appointment of Daniel Sater as Associate Director, Municipal Bond Trading.
Mr. Sater’s appointment highlights the growth of ACGM’s municipal securities dealer business which is an important component of ACGM’s Fixed Income Global Markets group. Mr. Sater’s hire will ensure that ACGM continues to offer clients enhanced access to the municipal issues of all 50 US states, trading in the secondary market.
He brings to the firm and its clients extensive trading experience and strong institutional trading relationships. Prior to joining ACGM, Mr. Sater was an Assistant Vice President at TMC Bonds in New York where he worked in Municipal Sales and was responsible for significant growth in the trade volume of his accounts. Mr. Sater began his career as a Financial Advisor at Morgan Stanley.
ACGM’s senior municipal securities trader, Matthew Russell, welcomed Mr. Sater, noting that he will further enhance ACGM’s reputation as a municipal securities dealer, allowing the firm to enhance regional coverage and services to clients.
“I am delighted to welcome Dan onboard. Dan’s hire will ensure that ACGM continues to build upon the growth of its municipal securities dealer business offering clients liquidity in a wide range of issues from across all 50 US states. Dan’s knowledge, experience and professionalism will enhance our value offering to trading clients and his personality fits ideally within ACGM’s culture of client service, integrity and excellence.”
Mr. Sater earned his Bachelor of Arts degree in Economics and a Bachelor of Arts degree in Criminology & Criminal Justice from University of Maryland. He holds FINRA series 7 and 66 licenses.
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