Meet the SageTrader Team

  • Chief Executive Officer

    Al Cooper served as a Director of Merrill Lynch Professional Clearing Corp. and was head of its San Francisco office for the last eight years. Prior to that, he served as a Vice President at Sage Clearing and ABN AMRO for ten years (1994-2004) where he ran the back office operation as well as customer support for both firms. Al led the transition team through Merrill Lynch Pro's purchase of ABN AMRO in 2004. He began his career in 1979 at the Options Clearing Corporation in Chicago and soon after transferred to San Francisco to head the OCC's West Coast operations and left in 1994 for Sage Clearing.


  • Chief Operating Officer

    Mike Perrando started as an equity floor broker on the Pacific Stock Exchange in 1993 and later joined PreferredTrade in 2000 to manage the firm's options floor brokerage business. After PreferredTrade was purchased by Fimat USA in 2005 (later as Newedge), he was promoted to Senior Global Trading Specialist in charge of creating an international trading infrastructure concentrating on Brazil, Canada, and Europe. After Newedge moved all operations to New York in 2009, Mike remained in San Francisco to join VTrader Group and its two brokerages: VT Brokers and VTrader Pro. He was named Director of Global Trading in 2009 in charge of creating a global trading infrastructure for proprietary trading groups and customer portfolio margin accounts for equities, FX, debt instruments and swaps in multiple domestic and overseas markets.


  • EVP Global Clearing

    Matthew Shatz was Global Head of Execution and Clearing at ED&F Man Capital Markets, LLC., a newly created intermediary offering customized solutions in global cash, derivatives and related markets. He joined the company in February of 2012. Matthew has extensive experience in direct market access and high-frequency trading, having successfully developed and implemented this business at a number of leading financial organizations. Matthew was global head of electronic sales and trading at MF Global Holdings Ltd. Prior to MF Global, Matthew was head of institutional sales for the North American equities division at Newedge Group, where he was instrumental in building the firm's high-frequency trading business and establishing the firm as one of the leading broker-dealers in portfolio margining.


  • EVP Global Head of Sales

    Sean Malloy's role at ED&F Man was SVP, Head of Sales and Trading. Prior to ED&F Man, Sean was Global Head of Sales at Penson Worldwide and President of Penson Execution Services Inc where he was integral to global sales, global market expansion and strategy. Previously Malloy was the co-head of sellside transaction sales at NYFIX, leading a business development effort at NYFIX Millennium and responsible for the overall growth and development of transaction products including DMA, wholesale execution and algorithmic trading. During their tenure Millennium volumes grew from under 5 million shares per day in 2003 to over 120 million shares per day. Malloy joined NYFIX in October 2003 from Southwest Securities, Inc., where he directed the sales and marketing of the firm's clearing and execution services business. A graduate of the University of Maryland, he worked in several technology and financial services companies during the 1990s, including Wang Laboratories , Montgomery Securities, Newsware, Inc. and Integral Development Corporation.


  • Chief Financial Officer

    Mark Bold has more than 30 years of experience in the securities industry and recently served as the interim COO of VTrader Pro, LLC during its restructuring and transition. In addition, he is a Senior Advisor with Engmann Options on assignment to several large foreign banks focusing on professional clearing strategies and customer portfolio margin procedures and applications. Between 2005 and 2008, Mark was the COO of the Equity Clearing Division of Newedge/Fimat, and from 2002-2005, he was the President of PreferredTrade. From 1982 until 2001, Mark was a senior executive at Sage Clearing and ABN AMRO Sage. Mark is recognized as an industry expert in regulatory compliance and operations for both the professional trading and retail customer businesses.