STA Latin America

STA Florida STA Florida LatAm Host Happy Hour in NYC

Posted by on Jun 19, 2013

STA Florida and the STA Florida LatAm Launch Committee hosts Happy Hour in NYC to raise awareness of the effort to launch a STA LatAm affiliate.

The venue SOAKED, on the rooftop of the Mondrian SoHo Hotel (9 Crosby St. NY,NY 10013) was selected for Sunday’s Happy Hour Event, which takes place June 23rd to begin at 5 p.m.

For those of you that are coming from out of town, SOAKED does not serve food, so please be sure to grab a bite to eat before you arrive.

We are using this opportunity to introduce the Securities Traders Association (STA) and discuss the benefits of having a STA LatAm affiliate. Jim Toes, CEO & President of STA will be in attendance for the introduction as well as to answer any questions that you may have.

Please be sure to help us thank the organizers for this Happy Hour: STA, STA Florida LatAm launch committee, Alice Botis of Fidessa and Zabi Fazal of Ullink, both NYC.

STA Florida has been working diligently at helping to launch this new affiliate and this year formed the STA LatAm launch committee, please help us thank the members.

Our STA Florida LatAm Launch Committee participants are:

  • Alice Botis, Director of New Sales, Latin American Business Development, Fidessa Corporation, NYC.
  • Alan Gandelman, Chief Executive Officer of ATS Brasil (company owned by NYSE and ATG) since December 12, 2012, Brazil. Alan is also the STA LatAm Affiliate launch Committee Chairman/Head of STA LatAm Affiliate once launched.
  • Alejandro Rebelo, SVP for LatAm Sales & Trading, INTL FCStone Securities Inc., Miami, FL. And Head of STA LatAm Brazil effort.
  • Tony Varela, Vice President/Securities Trading, INTL FCStone Securities, Inc., Boca Raton, FL.
  • William W. Cooper, Senior Equity Trader, State Street Global Markets, Boston, MA.
  • Jake Rappaport, STA Florida Board Member, Managing Director and Head of European and LatAm Trading, INTL FCStone Securities Inc., Winter Park, FL.

Also, please help us thank Daniel Jose Somuano, Managing Director of Interacciones who will head the STA LatAm Mexico effort.

STA Florida is helping STA National expand into Latin America

Posted by on Oct 4, 2012

We are excited to announce that The Security Traders Association is making its way into Latin America. Please view the article below as featured on

Click here to view the STA Latin America Board of Directors.

STA Expands to Latin America

Traders Magazine Online News, September 21, 2012
Tom Steinert-Threlkeld

WASHINGTON, D.C. — The Security Traders Association is heading into Latin America.

The move comes through the Security Traders Association of Florida, which is giving birth to a chapter that will recruit members from Colombia, Peru, Chile, Brazil and Mexico.

The effort is being coordinated by Victor Hugo Rodriguez, who is taking on the role of the first president of the Latin American chapter.

He will recruit membership recruitment chiefs in each of the five countries, who will be named later. The effort to create the chapter began in February, he said.

The chapter will act initially as an extension of the Florida association. He and the chapter will operate out of Miami, initially. But Rodriguez said the chapter will operate offices in Rio de Janeiro, Sao Paolo and Mexico City.

Developing affiliates in Latin America will be “a long process,” said Jim Toes, the president and chief executive of the Security Traders Association.

The Miami base, he said, however, will allow U.S.-based brokers to interact with their counterparts in Brazil and elsewhere in Latin America, to learn how their markets work. And to establish relationships, for when they need trades handled in those countries. And vice versa.

“It’s a baby step,” Toes said. “But we think it is a meaningful one.””

The STA has 800 members in three affiliates in Canada: Vancouver, Montreal and Toronto. The association has 4,100 members, in all its affiliates, in the United States, Toes said.

Rodriguez is a former trader who fled to the United States after a kidnapping 14 years ago in his native Venezuela.

Rodriguez currently is chief executive and president of LatAm Alternatives, a firm that distributes U.S. hedge funds to investors in Latin America. His firm has seven salespeople in Latin America.

The Brazilian exchange, BM&FBOVESPA, is now the fourth largest in the Americas, according to the World Federation of Exchanges. The Mexican exchange grew 5.2% last year and the Colombian exchange grew 3.7%, while nearly all other exchanges in the Americas shrank in 2011, according to the WFE.