28 September 2017
New York
Reporter: Jenna Lomax

ETC names new securities lending chief

Electronic Transaction Clearing (ETC), a clearing, settlement and custodial service provider based in New York, has appointed Jack Nicosia as managing director and senior vice president of securities lending.

Based in New York, Nicosia will oversee ETC’s securities lending efforts and will be responsible for managing its expanding team.

Prior to his appointment at ETC, Nicosia was managing director of the securities lending group at COR Clearing. He brings more than 20 years of securities lending experience.

Vincent Lupo, CEO of ETC, said: “As the head of securities lending, Jack Nicosia has the experience and dedication to expand our platform to serve our clients and grow our business.”

Nicosia added: “This is an exciting time to join ETC, as the firm is well-positioned for substantial growth. I'm thrilled to be part of this dedicated team and I look forward to leveraging my experience to help grow the business."

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