Daniel Conte Joins Pivot as Managing Director and Head of Sales

Jersey City, New Jersey - 10 January 2011

Pivot, Inc., the leading provider of liquidity management and collaboration software to the financial markets, today announced the appointment of Daniel Conte as Managing Director and Head of Sales. Mr. Conte previously held senior sales and management positions in equities and foreign exchange trading at leading financial institutions, technology and trading firms.

“The use of Pivot’s robust liquidity management and collaboration tools is growing strongly across cash and derivatives markets,” said John H. Eley, CEO, Pivot Inc. “Dan’s knowledge of trading work flows and technology across a range of markets, combined with his sales management expertise, will help us expand the firm’s sales efforts to serve all market participants who can benefit by the use of our technology solutions.”

Prior to joining Pivot, Mr. Conte served as President and Managing Director of Bloomberg Tradebook Europe Ltd. where he was responsible for managing the entire Tradebook Europe Limited Group business including, sales, trading, research and strategy, operations, marketing, product development, broker network, connectivity and new business opportunities.

Previously he managed Bloomberg’s 24-hour Global Cross Product Transactional and Support desk for the Agency DMA Brokerage division covering domestic and international cash equities, US single stock equity options, futures and foreign exchange. Prior to joining Bloomberg, Mr. Conte held senior FX trading and e-commerce roles at Dresdner Kleinwort Wasserstein. Mr. Conte holds a Bachelor of Arts in Economics from Wheaton College.

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