Japanese Bank Taps WestLB Repo Trader

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Japanese Bank Taps WestLB Repo Trader

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Richard Misiano has joined Mizuho Securities as a repo trader from WestLB. He started last Monday working in the short-term group, trading mostly repos and Treasuries. He reports to Will Jarosak, managing director and head of the short-term trading group in Hoboken, N.J.

At WestLB, Misiano reported to Chris Tesoriero, executive director and head of money markets and repos. Misiano joins Mizuho as the Japanese bank is expanding its short-term trading platform--the trading of bonds shorter than two years, such as Treasuries, repos or discount notes. Tesoriero declined to comment on Misiano's eventual replacement.

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