BTIG have hired Michael Glickman, James Malley, Richard Roche, Oren Shaked and Clay Stephens to the firm’s fixed income credit unit as managing directors in a variety of roles.

Glickman and Stephens will join the firm’s fixed income credit sales team. As fixed income credit strategists, Malley and Shaked will focus exclusively on developing actionable content and market intelligence for clients, while Roche will be part of the fixed income credit trading unit, where he will concentrate on executing investment grade products. In their new roles with the firm, they will report into Darren Haines and Michael Carley Sr., co-heads of fixed income credit, at BTIG.

“We are pleased to welcome Michael, James, Richard, Oren and Clay to BTIG,” commented Anton LeRoy, president of BTIG. “They are proven leaders and accomplished credit professionals. We are confident that they will strengthen our capabilities and complement the skillset of our existing team in the U.S. and London.”

Glickman was previously a managing director within distressed and high-yield credit sales at Seaport Global. Malley was the founder and chief investment officer at Bayfield Court Capital Management. Before joining BTIG, Roche was a managing director within investment grade credit sales at R.W. Pressprich & Co. Previously, Shaked was senior analyst at Newbrook Capital Management, where he covered the consumer sector. Prior to his time at BTIG, Stephens was a director within institutional fixed income sales at Mizuho Securities, where he spent five years.

“Together, Michael, James, Richard, Oren and Clay bring a strong, versatile track record for excellence,” said Haines. “They each have a client-first mindset and decades of experience for our clients to leverage as they engage with us across our credit sales, trading and strategy product suite.”