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MCAP Inc. Hires Anthony Mariniello in Equities Division

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MCAP Inc. (OTC: MCAP) has announced the hiring of Anthony Mariniello as Managing Director of Equities Relationship Management. This strategic move aims to enhance the Company's capabilities in managing relationships and liquidity services for institutional clients, particularly in the ADR and ETF markets. Mariniello joins from StoneX and brings significant industry experience and relationships. MCAP LLC, the broker-dealer subsidiary, continues to focus on providing cutting-edge technology and customer service in financial markets.

Positive
  • Hiring of seasoned professional Anthony Mariniello expected to strengthen institutional client relationships.
  • Focus on expanding ADR and ETF markets could increase liquidity and execution capabilities.
Negative
  • None.

ORLANDO, Fla., Jan. 6, 2023 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology company and electronic securities market maker, today announced a senior hire in its Equities division. The Company's broker-dealer subsidiary, MCAP LLC, hired Anthony ("Tony") Mariniello as Managing Director, Equities Relationship Management. He will play a key role in the expansion and growth of the Company's relationship management and liquidity services provided to MCAP LLC's institutional customer base. MCAP LLC continues to position itself as a leading technology partner, execution platform and customer service-driven market maker.

Mr. Mariniello joins MCAP from the StoneX where he served as Managing Director, Institutional Equity Sales. At MCAP, Tony will focus on the expansion of MCAP's institutional customer facing ADR and ETF markets, supporting customers' execution and liquidity needs.

Will Dennis, President at MCAP, commented, "Tony is a seasoned veteran with a deep understanding of our ADR and ETF products. His long-standing relationships in the industry speak volumes of his "customer first" focus. This mantra is embedded in everything we do at MCAP, and we look forward to having him onboard to help us service customers globally."

David Menn, CEO at MCAP, stated, "We are very excited to have Tony join MCAP. He brings with him many valuable long term customer relationships and significant market experience."

MCAP Inc. operates as a financial technology company. The Company has three subsidiaries: MCAP Technologies LLC, MBIT LLC, and MCAP LLC. MCAP Technologies LLC develops financial technology software utilized in various global financial markets. MBIT LLC is a digital asset company focused on blockchain integration in the global financial markets. MCAP LLC is a U.S. based broker-dealer focused on electronic securities market making. MCAP LLC connects institutional investors, broker-dealers and companies to the global equity and fixed income markets on a 24/7 basis. MCAP focuses on developing technologies to provide customers with customized trading solutions and unique market access.

Please visit our websites: www.mcapmarkets.com and www.mcaptech.com

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements.

Cision View original content:https://www.prnewswire.com/news-releases/mcap-inc-hires-anthony-mariniello-in-equities-division-301715672.html

SOURCE MCAP Inc.

FAQ

What recent management change occurred at MCAP?

MCAP hired Anthony Mariniello as Managing Director of Equities Relationship Management, effective January 6, 2023.

What role will Anthony Mariniello play at MCAP?

He will enhance relationship management and liquidity services for institutional clients, focusing on ADR and ETF markets.

What is the significance of this hire for MCAP?

Mariniello's extensive industry experience and relationships could significantly boost MCAP's operations and market presence.

What is MCAP's focus as a financial technology company?

MCAP is focused on providing customized trading solutions and unique market access through its broker-dealer subsidiary, MCAP LLC.

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