Head of Trading
Thad Mercer joined Boustead Securities in 2010. Mr. Mercer has over 38 years of experience as an OTC trader. Mr. Mercer started his career in Philadelphia as a trainee and quickly developed beneficial relationships with buy side institutions and traders at competing firms. He was hired to manage the OTC operations for Drexel Burnham Lambert in 1971 where he remained until 1981 in Beverly Hills.
In 1981, Kidder Peabody recruited Thad and his entire team to manage their trading desk. After leaving Kidder Peabody in 1991, Mr. Mercer was Head of OTC Trading for Gruntal & Co. until 1997. In 1997, Thad joined Access Securities as their Head of West Coast OTC trading and proprietary trading. In May of 2003, Mr. Mercer left Access Securities and joined the Shimano Group as a proprietary OTC trader until January 2008. From January 2008 through December 2010 Thad was a market maker and proprietary trader at World Trade Financial.
Mr. Mercer attended Villanova University and graduated from Parsons College.
Holds FINRA Series 7, 63, 24, 55 and 99 licenses.