Fidelity Investments has reorganized its institutional equity team, naming Michael S. Cashel, senior vice president, equities, and chief of institutional sales trading. Michael J. McConnell is senior vice president, head of sales trading for institutional equities.

Cashel now reports to Mark Haggety, president of Fidelity Capital Markets, who commented, “Mike’s appointment reflects our ongoing commitment towards building our capital markets business and providing institutional, intermediary and retail clients access to the people and trading solutions they need to help them achieve their trading objectives.”

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