ELECTRONIC TRADING BRIEFS

Fimatrade names new managing director and deputy managing director; TheMuniCenter expands its product reach; ePIT Inc. has hires Sanjiva Nath as its vice president of engineering.

Christian Altmayer and Patrick Faure have been named managing director and deputy managing director of Fimatrade, respectively. Fimatrade is the front-end trading system marketed and developed by the Fimat Group, a Paris-based brokerage firm. Altmayer, who most recently served as the Fimatrade manager for Europe and Asia, will be responsible for the global expansion of Fimat's electronic trading platform. Faure, who previously worked as the senior vice president of development at Fimat Facilities Management, will be responsible for the technical development of Fimatrade.

TheMuniCenter, an Internet-based bond trading system, has expanded its product reach. The system now covers U.S. government securities, as well as municipal bonds. Launched in July 2000, TheMuniCenter-which also recently introduced a browser-based version of its platform-now allows clients to buy or sell U.S. Treasury bonds online in $5,000 par amounts.

ePIT Inc., a San Francisco-based trading systems and services vendor targeted at B2B markets, has hired Sanjiva Nath as its vice president of engineering. Nath, who will report directly to ePIT president and CEO Timothy Campbell, most recently worked as a vice president of engineering at Abilizer-a vendor that specializes in developing Web-based portals for Fortune 100 companies.

CIBC World Markets has hired Ken Lamb as a managing director. Lamb, who will assume his new post at the firm on March 1, will head up two CIBC teams-the Technology Mergers & Acquisitions Group and West Coast Mergers & Acquisitions Group. Lamb, a well-known Silicon Valley lawyer, has in the past represented technology giants such as Amazon.com and Intel in public offerings and private placements.