DALLAS--(BUSINESS WIRE)--Capital Institutional Services, Inc. (CAPIS), a leading provider of institutional brokerage and commission management services, today announced that Ray Prisco has joined the firm as a senior fixed income trader.
CAPIS has been providing institutional investors with fixed income execution services since 1986. They are currently seeing a resurgence in fixed income trading and have seen a 94% increase in their business since 2013.
“We are very excited to have Ray join our fixed income trading team,” said Jim Morrow, chief operating officer. “With the substantial growth our fixed income desk is experiencing, Ray will be a valuable addition as we continue our growth trend.”
Mr. Prisco has over 10 years of industry experience. Prior to joining CAPIS, he held positions at SAMCO Capital Markets, 1st Global Capital Corp., Alliance Bernstein, and Southwest Securities. He earned his Bachelor of Science degree from the State University of New York at Buffalo and his Master in Business Administration from the University of Dallas.
About Capital Institutional Services, Inc.
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 38 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.