Deals & People January 26, 2011

Trading Firm Acquires Institutional Team from Kellogg Group

Direct Access Partners, LLC, announced the acquisition of the institutional trading team from Kellogg Partners.
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Direct Access is a trading partner to pension funds, mutual funds, hedge funds, and registered investment advisers (RIAs). The equity trading team from Kellogg is led by Kevin Butler; the group will join Direct Access’ New York office effective immediately.   

According to the announcement, Butler has over 20 years trading experience including senior leadership roles at Kellogg Institutional Services. He led the trading desk at Fleet Trading and was a Managing Director at Spear, Leeds & Kellogg.   

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“The team is an excellent fit with our customer-focused culture and will play an important role in the next stage of Direct Access Partners’ growth,” said Ben Chinea, CEO and a founder of Direct Access Partners, in the announcement.  

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