Financial Services >> Analyst Interviews >> April 2, 2012

Exchanges’ Stocks Grow Despite Decline in Volumes – Richard Repetto – Sandler O’Neill + Partners, L.P.

Richard Repetto, CFA, is a Principal of Sandler O'Neill + Partners, L.P. His research coverage includes the e-brokerage, execution venues and e-specialty finance sectors. Mr. Repetto has received numerous accolades for his equity research. He has earned numerous industry awards, including Analyst of the Year in 2010 by the Financial Times/StarMine. Mr. Repetto was previously a Managing Director at Putnam Lovell NBF. This position followed his work at Lehman Brothers, where he established the firm's research coverage of the Internet financial services sector. Mr. Repetto holds a B.S. in general engineering from the United States Military Academy at West Point, and an MBA in finance from the Wharton School of the University of Pennsylvania. Profile
TWST: Of the three subsectors that you cover, the exchanges, e-brokers, and trading and execution companies, about which are you most bullish at the moment and why?

Mr. Repetto: I feel most bullish