
JP Zaptin has joined Baird's fixed income capital markets groups as a managing director in municipal bond trading.
Zaptin, who previously was HilltopSecurities' head of municipal trading, will be based in Dallas where he will establish a municipal trading desk for the region and will focus on trading a wide range of tax-exempt, bank-qualified, and taxable municipal securities, according to a Baird announcement.
"His extensive expertise and deep industry knowledge will be a great asset as we continue to strengthen our municipal platform," Chris Bolger, Baird's institutional fixed income trading head, said in a statement.
Zaptin has more than 25 years of fixed-income experience, including 22 years dedicated to municipals, trading and securities segments, it added.