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Trading Technology 30: Masters of Market Magic
Introducing the Trading Technology 30, Institutional Investor's ranking of the leading system architects and innovators who keep markets humming, accurately and dependably, at breakneck speeds.
Many have computer science or programming backgrounds. Most occupy business-unit executive positions, often in the C-suite. They are responsible for the high-tech machinery of modern financial markets — engines running at speeds faster than the eye can see.
These are the leading system designers, managers and innovators spotlighted in Institutional Investor’s inaugural Trading Technology 30. They range from, at the top of the list, the technology executives of globe-spanning exchange operators — NYSE Euronext’s Dominique Cerutti, CME Group’s Kevin Kometer and Nasdaq OMX Group’s Anna Ewing — to, at No. 30, Tom Sosnoff, an options technology pioneer running a new-media start-up.
Eleven of the 30 represent exchanges. Several others are from buy- and sell-side firms and other ventures that run bourselike alternative or over-the-counter markets or trading desks hooked closely into exchanges. Whether focused on equities, fixed income or derivatives, all have evolved into technology companies.
NYSE Euronext, for example, in addition to maintaining its own infrastructure, sells systems to other markets — a $500 million-in-revenue business that Cerutti expects will reach $1.5 billion by 2015. At Singapore Exchange, a customer of Nasdaq OMX’s competing market technologies unit, the goal of CEO Magnus Böcker (No. 10) is to run the fastest bourse in the world, with transaction speeds well under 100 microseconds.
It is a constant “arms race” to keep up with ever-rising trade, quote and messaging volumes while staying abreast of technology advances as well as regulatory changes.
交易技术30被II编辑一个选择d staff after considering nominations and other input from industry experts. The leadership criteria include career accomplishments and contributions made at both individual companies and to the industry at large; scope and complexity of executive responsibilities; and pure technological innovation.
Rank | Name | Title Company |
30 | Tom Sosnoff |
Tastytrade29
Saro Jahani
Chief Information OfficerDirect Edge28
Scott Ignall
Chief Technology OfficerLightspeed Financial27
Jaime Jofre
Chief Technology OfficerPragma Securities26
Jorge Alegria
Senior Vice President, Market OperationsBMV Group25
Joshua Walsky
Chief Technology OfficerBroadway Technology24
Michael Liberman
Chief Operating OfficerBlueMountain Capital Management23
Jerry Dobner
Chief Technology OfficerGFI Group22
托尼·Weeresinghe
Head of Global DevelopmentLondon Stock Exchange21
Tal Cohen
Chief Executive OfficerChi-X Global Holdings20
Richard McVey
Chairman and Chief Executive OfficerMarketAxess Holdings19
Ben Sylvester
Head, U.S. Equity Trading GroupJ.P. Morgan Asset Management18
Jay Spencer
Chief Technology OfficerTradeweb Markets17
Mark Beeston
Chief Executive Officer, Posttrade RiskICAP16
Daniel Friel
Chief Information OfficeInternational Securities Exchange15
Thomas Peterffy
Chairman, Chief Executive Officer and PresidentInteractive Brokers Group)14
Richard Prager
Head of Global TradingBlackRock13
Nigel Faulkner
Chief Information Officer, Global EquitiesCredit Suisse12
Chris Isaacson
Chief Operating OfficerBATS Global Markets11
Gregory Tusar
Americas Head of Electronic TradingGoldman Sachs Group10
Magnus Bocker
Chief Executive OfficerSingapore Exchange9
Chip Carver
Chief Operating OfficerMarkit Group8
Brian Conroy
PresidentFidelity Capital Markets7
Gerald O'Connell
Chief Information OfficerChicago Board Options Exchange6
Raymond Tierney
President and Chief Executive OfficerBloomberg Tradebook5
Michael Blum
HeadGetco Execution Services4
Edwin Marcial
Chief Technology OfficerIntercontinentalExchange3
Anna Ewing
Chief Information OfficerNasdaq OMX Group2
Kevin Kometer
Chief Information OfficerCME Group1
Dominique Cerutti
President and Deputy Chief Executive OfficerNYSE Euronext