DALLAS--(BUSINESS WIRE)--Capital Institutional Services, Inc. (CAPIS), a leading provider of institutional brokerage and commission management services, today announced that David Lee has been promoted to the head of CAPIS’ fixed income trading desk.
“David is a tremendous asset to our fixed income trading desk and we are excited to promote him to head of the fixed income desk,” said Jim Morrow, Chief Operating Officer, “His in-depth knowledge of the fixed income markets combined with his innovative approach to servicing clients and his extensive dealer contacts will be invaluable as we continue to expand and grow our fixed income offering.”
Mr. Lee has over 20 years of financial industry experience. Prior to joining CAPIS in 2009, Mr. Lee worked for eight years at SunTrust Robinson Humphrey as Director of Mortgage Trading. He also worked for Royal Bank of Canada as well as First Tennessee. Additionally, he spent five years with FedEx as a financial analyst and served as Controller for Seven Oaks International for three years. Mr. Lee maintains Series 3, 7, and 63 licenses.
About Capital Institutional Services, Inc. (CAPIS)
CAPIS is a leading independent U.S. institutional broker specializing in global agency trading, independent research and commission management programs for asset managers, plan sponsors and broker-dealers. Supported by advanced trading technology, CAPIS’ traders deliver superior execution in domestic and international equities, fixed income, derivatives and program trading. With over 35 years of experience in the independent research and commission management business, the firm’s industry leading CCA and CSA programs provide added tools for reducing transaction costs and improving performance. Founded in 1977, CAPIS is a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, the National Futures Association, and SIPC. For more information, visit www.capis.com.