Corporate Relations Director
Because the GETCO floor traders – the designated market makers – are not allowed by rule to call the listed companies directly, John Kosakowski (right) steps in. "We are managing all of the relationships from upstairs and we also bring in new business. Any company hoping to list on the New York Stock Exchange, we pursue them and try to convince them to not only list of the NYSE but to represent them on the floor," he says. Most of his day is spent in GETCO's New York office, which is a few short blocks from the NYSE trading floor. Pointing to his screen, Kosakowski says, "we just had the open so this is all the calls I have just received and this is where the stocks are indicating, where they are looking to go. I will take that information, pick up the phone and call the CFO at the respective company and say, "Hey, this is what we are looking at right now. We're expecting the stock to open at X so when it opens I'll let them know who is buying the shares and selling the shares."
Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio