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2015年的交易技术40:Brad Katsuyama

#23 Brad Katsuyama, President and Chief Executive Officer, IEX Group

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    Brad Katsuyama
    President and Chief Executive Officer
    IEX Group

    Two years ago IEX Group was just another upstartdark pooloperator. Yes, it was controlled by buy-side owners, setting it apart from its rivals. It had a management team out of RBC Capital Markets determined to disrupt the status quo by favoring the interests of stock issuers and investors over those of high frequency traders. Those characteristics may have attracted plenty of notice on Wall Street, but IEX’s notoriety spread far beyond that with the March 2014 release ofMichael Lewis’s anti-HFT bestseller,Flash Boys, which portrayed IEX president and CEOBrad Katsuyamaas a heroic underdog. Since handling 568,000 shares on its first trading day, in October 2013, IEX is currently in the range of 130 million to 140 million a day, further stoking the 36-year-old’s star power on the business-talk-show circuit. “We’ve grown substantially,” asserts Katsuyama, formerly global head of electronic sales and trading at RBC, a unit of Royal Bank of Canada. “Why? Because we’re trying to create the fairest possible trading environment.” In September, IEX raised $75 million from Bain Capital Ventures, MassMutual Ventures and Spark Capital, among others, and began the process of filing to become a full-fledged exchange. “We don’t just want to complain about exchanges,” Katsuyama says. “We want to do something about it” by simplifying order types and avoiding practices like paying for order flow. He vows not to go into the technology sales business: “We use technology for one thing — to create a better experience.”

    The 2015 Trading Technology 40

    1
    2
    3
    4
    5
    Kevin Kometer
    CME Group
    Richard Prager
    BlackRock
    Raymond Tierney III
    Bloomberg Tradebook
    Jonathan Ross
    KCG Holdings
    Charles Vice
    Intercontinental Exchange
    6
    7
    8
    9
    10
    Chris Isaacson
    BATS Global Markets
    Bradley Peterson
    Nasdaq OMX Group
    Brad Levy
    MarkitSERV
    Dan Keegan
    Citi
    Ronald DePoalo
    Fidelity Institutional
    11
    12
    13
    14
    15
    Gerard Beatty
    Goldman Sachs Group
    Gerald O'Connell
    CBOE Holdings
    Brenda Hoffman
    TMX Group
    Billy Hult
    Tradeweb Markets
    Nicholas Themelis
    MarketAxess Holdings
    16
    17
    18
    19
    20
    Bina Kalola
    Bank of America Merrill Lynch
    Gil Mandelzis
    EBS-BrokerTec (ICAP)
    Steven Randich
    Financial Industry Regulatory Authority
    Jerry Dobner
    GFI Group
    Michael Liberman
    BlueMountain Capital Management
    21
    22
    23
    24
    25
    Bill Chow and Richard Leung
    Hong Kong Exchanges and Clearing
    Jamie Selway
    Investment Technology Group
    Brad Katsuyama
    IEX Group
    John Mackay (Mack) Gill
    MillenniumIT
    Jamil Nazarali
    Citadel Execution Services
    26
    27
    28
    29
    30
    Robert Cornish
    International Securities Exchange
    Tyler Moeller andJoshua Walksy
    Broadway Technology
    Rishi Nangalia
    REDI Holdings
    Manoj Narang
    Tradeworx,
    Thesys Technologies
    Oki Matsumoto
    Monex Group
    31
    32
    33
    34
    35
    Alasdair Haynes
    Aquis Exchange
    Veronica Augustsson
    Cinnober Financial Technology
    Stu Taylor
    Algomi
    Luís Otávio Saliba Furtado
    BM&FBovespa
    Tal Cohen
    Chi-X Global Holdings
    36
    37
    38
    39
    40
    Donal Byrne
    Corvil
    R. Cromwell Coulson
    OTC Markets Group
    Alfred Eskandar
    Portware
    理查德Korhammer
    SR Labs
    Hazem Dawani
    OptionsCity Software


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