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People moves news

TradeZero hires Pagnanelli as director of securities lending


13 May 2024 US
Reporter: Carmella Haswell

Generic business image for news article
Image: TradeZero
TradeZero has announced the appointment of Brian Pagnanelli as director of securities lending of its subsidiary and clearing firm, TZ Clear LLC.

Pagnanelli brings more than 40 years of securities lending experience to his new role. He鈥╳ill help to grow TZ Clear鈥檚 retail and institutional stock loan function.

He has previously held senior positions at Lehman Brothers, Paloma, Bank of Montreal, Electronic Transaction Clearing and Apex.鈥ㄢ

Ila Jehl, CEO of TZ Clear, comments: 鈥淚 am excited about Brian鈥檚 arrival at TZ Clear. Brian鈥╞rings tremendous experience and a strong network, which are real benefits to our team. We鈥╨ook forward to a long and successful collaboration.鈥

Commenting on his new role, Pagnanelli says: 鈥淚 am excited about TZ Clear鈥檚 huge growth鈥╬otential. I cannot wait to make an impact at TradeZero and on its securities lending business.鈥

TradeZero Holding Corp. operates multiple broker-dealer subsidiaries that provide next-generation online trading platforms for active retail traders.

The company provides retail鈥╰raders with commission-free stock trading and direct market centre access to US equities鈥╝nd equity options trading.
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