JonesTrading Names Andrew Volz As Head Of Prime Services

JonesTrading Institutional Services, LLC (“JonesTrading”) announced today that Andrew Volz has joined the firm in New York as a Managing Director, Head of Prime Services.     In this role, Volz is responsible for leading the expansion of the firm’s prime brokerage business - focusing on alternative investment managers, institutional investors, and family offices.

Said Alan Hill, CEO of JonesTrading: “Andrew’s appointment is another key step in our strategic plan to build a leading institutional brokerage platform offering prime services and global outsourced trading, through our global trading network. Andrew’s leadership of our prime services group builds on our 40 years of client-focused, relationship based services to our 1,500 global trading clients”.

Said Jeff LeVeen, Head of Outsourced Trading: “Andrew has a proven track record of servicing global hedge funds. Increasingly these firms seek and recognize the benefit of a relationship based model in prime services.”

Commented Andrew Volz Managing Director and Head of Prime Services: “I’m excited to be joining the dedicated management team at JonesTrading. Their established brand in the institutional marketplace - coupled with their prime brokerage, outsourced trading, and unrivaled global trading network is an attractive, solutions-based offering for our clients.”