US options broker lures Feinberg from CIBC

Feinberg, who will be based in New York, will report to Stephen Tobias, president of I A Englander. He previously worked as head of institutional trading at CIBC World Markets, where he had been for 21 years. Feinberg was apppointed head of institutional sales trading at CIBC in 1997, and co-headed the operations for six years prior to his promotion.

A spokeswoman for I A Englander said Feinberg will concentrate on building an equity execution platform to allow the firm to offer a variety of cash equity and equity derivatives products.

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