After extensive negotiations, PFM Trading has succeeded in securing the expertise of Wall Street veteran, Edward Gold who will join the firm as Vice President.
Shenzhen, China, May 7, 2014 - (PressReleasePoint) - PFM Trading, Inc., the Shenzhen based independent brokerage, is pleased to announce that, after lengthy negotiations, former Wall Street luminary, Edward Gold has agreed to join the company as vice-president.
After more than 35 years of service with some of Wall Street’s most highly-revered names including Prudential Securiteis, Drexel Burnham Lambert and Wachovia Securities, Mr. Gold will formally assume his role at the company at a date to be announced in due course.
Mr. Gold left Wachovia in June of 2005 for personal reasons related to illness and, after making a full recovery, has been in talks with several institutions including PFM Trading since November 2013 with a view to bringing his extensive experience to bear on initial public offerings (IPOs) within the technology and e-commerce spaces.
“We are absolutely delighted that Mr. Gold has decided that PFM Trading will be the vehicle for his return to a market that sorely needs dealmakers blessed with his pedigree and energy,” said Warren Odey, Chief Executive Officer at PFM Trading.
“It is our hope that Edward will make a significant contribution to the development of our broker-dealer operations as we step up our drive to become the de fact go-to market maker in technology and e-commerce IPOs within the next 3 years,” added Mr. Odey.
“This is a particularly exciting time for innovation as more and more emerging markets consumers embrace the concept of online retailing and it is our aim to be at the vanguard of the effort to bring these pioneers to investors both in terms of making markets but also in terms of being closely involved with a revolution that has increased choice for so many people,” concluded Mr. Odey.