SG Securities has reshuffled its New York equity desk. Philippe El-Asmar, head of equity derivatives structuring for the Americas, has been promoted to head of retail sales. El-Asmar referred calls to Jim Galvin, spokesman in New York, who said Marc Saffon, head of financial engineering, has assumed El-Asmar's responsibilities. Galvin declined to elaborate on the changes. Saffon referred calls to Galvin.