“Stino is an incredibly talented professional who is respected throughout the industry. We could not be more excited to welcome him back to the firm.”
Dash Financial Technologies announced the appointment of Stino Milito as Co-Chief Operating Officer, reporting directly to CEO Peter Maragos. Based in Chicago, where he leads the office along with Co-COO Tim Miller, Milito will be responsible for product strategy and leading Dash’s Institutional buy-side team.
The company is an industry leader in order routing transparency, visualization, and customization solutions, and Dash’s Institutional buy-side team is a growing group that works with the firm’s asset management and hedge fund clients to help craft highly-tailored trading solutions.
This is not the first Milito works at Dash Financial as he was one of the company’s original employees. From 2010 to 2016, he served in a range of increasingly senior trading and client services roles. In 2016, he moved to ED&F Man Capital Markets to work as Director of Trading, UIT. He began his career as an options market maker on the Cboe floor for Botta Capital Management.
Peter Maragos, Chief Executive Officer, of Dash Financial, commented:
Milito also commented on his return: “I’m thrilled to be back and working with the highly skilled Dash team again. The opportunity before us has never been greater. Historically the ability for firms like Dash to compete for equity business on pure trading performance was virtually non-existent. But that is changing quickly with regulatory catalysts like MiFID II, which have created more opportunities for providers who are product and technology driven. Today, the buy side is reimagining what their execution counterparties should be, and the ability to provide institutions with full visibility into and control over their routing behavior is the name of the game. We’ve helped our clients do exactly that for years and believe our platform will continue to be a game changer.”
As co-COO, Stino Milito will be in charge of product strategy. Dash’s flagship product, Dash360, offers a robust suite of tools to visualize all aspects of their orders, including routing information, execution details, order-book details by wave, venue analysis, and exchange reconciliation. Clients can devise bespoke routing and algorithmic strategies calibrated to their precise execution objectives, with Dash’s trade desk acting as a consultative guide during this process.