Nick Wood, managing director and co-head of the U.S. institutional equity derivatives sales group at Citigroup Global Markets in New York, has moved to Susquehanna International Group in a similar role. Wood reports jointly to Drew Milstein and Don Hart, co-heads of institutional sales in Bala Cynwyd, Pa., according to Kelli Crudo, spokeswoman in New York. In addition, Wood has a regional reporting line to Dave Silber, manager of the New York office.
At Citigroup, Wood worked alongside co-head Arthur Calcagnini, who did not return calls. Calcagnini is continuing as sole head of the group, according to an official. Wood reported to Joseph Elmlinger, global head of equity derivatives, who did not respond to messages. Duncan King, spokesman in New York, declined comment.
