Bob Desmond Joins Susquehanna Financial Group as a Senior Salesman in the Fixed Income Group

BALA CYNWYD, Pa., Aug. 16, 2011 /PRNewswire/ -- Susquehanna Financial Group, LLLP (SFG), the institutional broker-dealer of the Susquehanna International Group of Companies (SIG), announced today it has hired Bob Desmond as a Senior Salesman in the Fixed Income Group.  Mr. Desmond will cover clients in the Midwest and will be based out of SFG's Chicago office.

"Bob is an industry veteran with extensive knowledge of the credit markets and client needs.  We look forward to Bob developing further our client relationships in the region," stated Frank Gilroy, SFG's Head of Fixed Income Sales, Trading and Strategy. "We are selectively growing our fixed income sales team and welcome the addition of such a high caliber individual."

Bob Desmond joins SFG with nearly 25 years of experience in the fixed income industry. Prior to joining SFG, Mr. Desmond was a Managing Producer in the Fixed Income Sales group of Stone and Youngberg. Before joining S&Y, Mr. Desmond worked as a senior salesman for Deutsche Bank and Barclays.  Mr. Desmond began his career at Goldman Sachs where he worked for over a decade.  Mr. Desmond earned his MBA at the University of Chicago - Booth School of Business.  He also holds a BS in finance from Indiana University.

SFG continues to seek select top-tier debt professionals with diverse backgrounds to round out its institutional fixed income brokerage business.

About Susquehanna Financial Group, LLLP

Susquehanna Financial Group, LLLP (SFG), a member of the Susquehanna International Group of Companies (SIG), is an innovator in global finance, servicing the needs of clients worldwide in the areas of sales, fundamental research, and market intelligence. Building upon SIG's command of the options marketplace and its quantitative trading capabilities, SFG has cultivated a robust service offering that provides liquidity, industry-leading insights, and execution services. SIG employs approximately 1,500 individuals located in North America, Europe, Asia, and Australia.

For additional information, please visit

www.sig.com.

SOURCE Susquehanna Financial Group, LLLP