Signals Ongoing Build of Management Strength
(New York: January 4, 2006) - Tradeware Global Corp., the leading broker-neutral solution provider for electronic access to 58 equity markets worldwide, today announced the appointment of Steven M. LaColla as chief financial officer, responsible for the internal and external financial functions of the firm. As part of his responsibilities, he is also appointed to the Tradeware management committee, which defines the strategic direction of the firm and is comprised of the senior managers who oversee its operations.
LaColla’s appointment is the latest in a series of management moves over the last two quarters, designed to strengthen the senior expertise and experience of the firm, as it grows its franchise by providing brokers and their institutional clients with cost-effective and seamless access to equity trading in global markets.
LaColla will build financial and accounting functions commensurate with the firm’s expanded global business scope. He will oversee the internal management of all financial and accounting functions, as well as external management reporting, as appropriate.
He brings substantial financial services industry experience to his new role. Prior to joining Tradeware, he served as CFO of Advanced Financial Applications, Inc. (AFA) and as CFO for Lynch, Jones & Ryan (LJR), then a wholly owned subsidiary of Instinet. He was also CFO of Harborview LLC (member NYSE). He is a member of the Security Industry Association’s (SIA) Financial Management Division and is a member of The American Institute of Certified Public Accountants (AICPA) and The New York State Society of CPAs (NYSSCPA).
"Tradeware is now poised for continued global market expansion," said Howard J. Schwartz, Tradeware’s Chairman & CEO. "Steve’s skills and insights will be critical to the operations of the firm as Tradeware continues building up a robust internal infrastructure for providing strategic business solutions to our clients worldwide."
"Tradeware is a growing organization that is providing the securities industry with unique solution for global equity trading," said Steve LaColla. "I look forward to participating in and contributing to the firm’s growth and profitability."