Inside Abel Noser's Trading Floor
Fixed Income Trading
Frank Santore (right), VP Fixed Income Trading, joined Abel Noser in 2007 from BNY Mellon and, previously, Merrill Lynch. Santore monitors the treasury market yield curve with Bloomberg LaunchPad (far right monitor, not shown). He trades treasuries, agencies, corporate bonds and municipals. "When the world is falling apart, people call this desk when they are running away from stocks," says Santore. The firm is also in the transitions business. In 2007 when managers were getting fired because of poor performance — because they got caught with mortgages in their books – Abel/Noser helped them shift their portfolios to new managers, says Santore.