DALLAS--(BUSINESS WIRE)--Capital Institutional Services, Inc. (CAPIS), one of the industry’s leading institutional agency brokerages, today announced that David Choate has been promoted to the director of global sales. He will be responsible for managing the global sales team. Mr. Choate began his career with CAPIS in 1986. For more than 29 years, he has been directly responsible for marketing the CAPIS global trading platform to investment managers and fund sponsors in North America. In his ne