Inside Abel Noser's Trading Floor

Advanced Trading takes you on an exclusive tour of Abel Noser's New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.
August 27, 2012

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.



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