Head of MBS Trading
Mr. Mangone currently serves as the Head of CMO (MBS) Trading. His supervisory experience as CEO of Blue Capital Securities for the past three years serves as an invaluable resource for TCM. Mr. Mangone’s expertise in structuring and trading mortgage backed securities has been gained through 16 years of extensive experience. Prior to joining Blue Capital Securities in 2012 (the company that was later to become Tribal Capital Markets), Mr. Mangone was hired by Cantor Fitzgerald in 2010 to run their mortgage derivatives business which quickly became a profitable business line. In 2008, he joined Clifford Sterling to build an institutional trading platform at Braver Stern. Prior to that, he joined the trading desk at UBS in 2005 where he focused on structuring and trading MBS. David began his career at JP Morgan in 2001 moving from the mortgage research desk to the trading desk where he spent two years structuring and trading agency mortgage backed securities. David’s responsibilities have included risk management for an MBS portfolio, trading both secondary and new issue CMOS (MBS) and structuring of new deals, as well as risk and trade data analysis and reporting.
Mr. Mangone graduated from Villanova University in 2001 with Bachelor’s Degrees in Finance and Information systems.
FINRA Licenses: Series 7, 24, 53, 63, 65