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UBS Dark Pool Executive Joins HFT Firm to Expand Stocks Business

IMC Financial Markets has hired the head of sales at UBS Group AG’s dark pool as the Dutch high-frequency trading firm expands in America.

Sam Yudelovitch will join the automated trader as director of equity client services, said Scott Knudsen, managing director and head of trading at IMC Chicago. TD Ameritrade Holding Corp.’s Paul Jiganti is also joining the company with a focus on options trading, as Bloomberg reported yesterday.