Senior Vice President of Listing Services, Europe
Adam Kostyál is Senior Vice President of Listing Services, Europe. In addition to Nasdaq Nordic Exchanges, where there are more than 800 companies listed, Adam is also responsible for the more than 120 European companies that are either primarily listed or dual listed on the Nasdaq Stock Market in the U.S.
Adam has been with Nasdaq for the past 10 years. He started his career at OMX as a Sales Director, and then became Head of the Strategic Initiative Groups in 2006. Most recently, Adam was Vice President of Market Technology Sales responsible for sales, account management, and business development for the Eastern and Western Europe.
Prior to Nasdaq, Adam held various positions with Enron, Cell Network and Bloomberg. He holds a BSc in Economics and Marketing from Vrije Universiteit de Bruxelles and speaks four languages including English, Swedish, Italian and French.
Senior Vice President & Chief Counsel Europe Nasdaq
Andreas Gustafsson is Senior Vice President/Chief Counsel Europe Nasdaq and is managing the group that provides legal and regulatory support for Nasdaq's European regulated entities including Exchanges, CCPs, CSDs and investment firms.
The responsibility also includes oversight of the Trading and Issuer Surveillance department, which monitors members and issuers on the Nordic Exchanges, in compliance of EU regulations, and covers all major governmental policy directives in Europe.
Andreas has been with Nasdaq since 2005 and previously was with the Swedish FSA, in which he was involved in European policy working groups such as MiFID. He is the Chairman of Nasdaq Stockholm AB, member of the Listing Committee, International Regulatory Strategy Group as well as governmental working groups.
Senior Vice President and Deputy Controller
Ann serves as Senior Vice President and Deputy Controller at Nasdaq. In this capacity, she works directly with the Corporate Controller and has responsibility for the company’s financial reporting, analysis and disclosure.
Ms. Dennison has over 19 years of experience in financial reporting and analysis. Prior to Nasdaq she served at Goldman Sachs as Managing Director and, prior to that, as head of Financial Reporting, responsible for internal and external firmwide reporting and financial planning and analysis.
She was a member of the Firmwide Disclosure Committee, Capital Management Committee, Firmwide Operational Risk Committee, Federal Reporting Oversight Committee and the Stress Test Committee. She was also the sponsor of the Finance People Development Committee.
During Ms. Dennison’s tenure at Goldman Sachs, she was also the controller for the investment banking, private equity and hedge fund businesses. She joined Goldman Sachs from Price Waterhouse in 1996.
Ms. Dennison holds a Masters of Business Administration (MBA), Accounting and Finance from Pace University -- Lubin School of Business.
Senior Vice President
Brenda Hoffman serves as Senior Vice President, Head of Global Technology U.S. Markets Systems and Global Information Services for Nasdaq. In this role, Ms. Hoffman is responsible for overseeing the development, operations and regulatory compliance of Nasdaq’s U.S. market trading, information services and auxiliary systems. She is also responsible for overseeing the important transition of the Securities Information Processor (SIP) to INET core technology.
Prior to joining Nasdaq, Ms. Hoffman served as the Chief Information Officer and Group Head for TMX Group, leading the technology teams responsible for the Toronto Stock Exchange (TSX), Venture Exchange (TSXV), the Montreal Derivatives Exchange (MX), and two Canadian clearinghouses: Canadian Derivatives Clearing Corporation (CDCC) and Clearing and Depository Service (CDS).
Prior to joining TMX Group, Ms. Hoffman was the Director of the Worldwide Competency Center for Exchanges and Electronic Markets for IBM Global Services with major centers in Toronto and Europe.
Ms. Hoffman has over 25 years of experience in the global capital markets industry and served on various boards and advisory committees, including BOX Market LLC, Agriclear Inc., Razor Risk Technologies Inc. and the CFI (Canadian Financial Institutions) Cyber Security Committee. In 2014, she was named CIO of the year by the Information Technology Association of Canada (ITAC).
Ms. Hoffman holds an honors B.A. in Economics from the University of Waterloo.
Senior Vice President & General Auditor
Brian O'Malley is Senior Vice President and General Auditor for Nasdaq. In this role, he reports directly to the Audit Committee and the Board of Directors. Brian oversees the internal audit function, which assesses the risk and controls for all products, and services offered to Nasdaq clients. Prior to Nasdaq, he held various positions at the United States General Accounting Office, JP Morgan and First USA Bank. He has extensive experience in systems development, security, internal audit and program evaluation.
Brian has a Master of Science in Information Systems from George Mason University, a Bachelors of Science in Accounting from Saint Vincent as well as the Executive Information Systems Program at the University of Pennsylvania at Wharton.
Senior Vice President & Head of Global Human Resources
Bryan Smith joined Nasdaq in 2012 and is responsible for all aspects of global human resources, including HR business advisement, talent management, compensation, benefits, and recruitment.
Mr. Smith previously served as an executive compensation advisor to the senior management team of Nasdaq for six years. Mr. Smith was a founding Partner with Meridian Compensation Partners LLC, an independent executive compensation advisory firm. At Meridian, Mr. Smith provided advice to Boards of Directors and senior management teams on the full range of executive and Board of Director compensation issues.
Prior to his tenure at Meridian, Mr. Smith was a Principal at Hewitt Associates LLC (now Aon Hewitt), a global human resources consulting and outsourcing firm. At Hewitt Associates, Mr. Smith held various senior HR outsourcing and consulting roles. In outsourcing, he served as a Multi-Process Transformation Leader and a Defined Contribution Practice Leader. In consulting, he advised companies and Boards of Directors on talent management, executive compensation, and broad-based total rewards. He also provided HR consulting services to companies undergoing corporate transactions, including mergers, acquisitions, divestitures, IPOs, spin-offs, joint ventures, and other restructurings.
Senior Vice President of Clearing and Nordic Markets
Conny Andersson is Senior Vice President of Clearing and Nordic Markets at The Nasdaq. In this role, he oversees the development, delivery and support of the Nordic and Baltic market systems, including the systems used for Equity and fixed income trading, derivatives trading and clearing, Nordic Central Counterparty (CCP) post-trade infrastructure, market data, and back-office services. Additionally, he oversees the coordination of Nordic IT initiatives and the development and support of clearing solutions to Nasdaq Market Technology customers.
Mr. Andersson has more than 16 years of experience in the development and deployment of trading and post-trade solutions. Prior to his current role, he was Vice President at Nasdaq where he led the implementation of the Nordic IT roadmap, involving a major upgrade of the Nordic trading and clearing systems to company’s Genium INET and INET platform. He also held various positions with OMX overseeing infrastructure initiatives for the Nordic market systems as well as back-office services and solutions to banks and brokers.
He holds a Master of Science degree in Electronics from Lund University in Lund, Sweden.
Senior Vice President
David Hirschfeld is Senior Vice President of Operations for Nasdaq’s Global Information Services business. In this role, he is responsible for overseeing the operations, delivery and client support functions for the firm’s proprietary market data and index solutions.
Mr. Hirschfeld has over 20 years of experience in financial services and leading operations and technology teams for such industry leaders such as Thomson Reuters, Morgan Stanley and Citadel, among others.
He has developed and managed large-scale initiatives in big data, data retention and statistical and analytical modeling of securities data. Prior to joining Nasdaq, Mr. Hirschfeld served as Global Head of Risk Partnership & Solutions at Thomson Reuters, where he was responsible for setting the firm’s global partnership strategy for the Risk sector, which included: Price Reference Services, Enterprise Risk Management, and Financial Crime and Reputational Risk.
Mr. Hirschfeld was also a member of the Chicago Board of Trade and traded futures and options contracts, specializing in spreads and arbitrage relationships.
Mr. Hirschfeld holds a Masters in Economics from The University of Chicago.
Senior Vice President & Chief Economist
Dr. Frank M. Hatheway is Chief Economist for Nasdaq, and leads the Economics & Statistical Research Department. His team is responsible for a variety of projects and initiatives in the U.S. and Europe to improve market structure, encourage capital formation, and enhance trading efficiency. A regular participant in industry events for both issuers and traders, he has appeared before the Securities and Exchange Commission and the U.S. Congress to discuss a variety of issues around the equities and derivatives markets. His research work includes identifying the causes of the May 6, 2010 market break, evaluating enhancements for the markets, and exploring the implications of proposed exchange mergers.
Dr. Hatheway's background prior to joining Nasdaq combines academics and regulation with industry experience. Frank was a finance professor at Penn State University and a researcher in market microstructure. He has authored academic articles in the Journal of Finance, Journal of Financial Intermediation and other leading finance journals. He has served as an Economic Fellow and Senior Research Scholar with the U.S. Securities and Exchange Commission, worked as a derivatives trader, and earned his Ph.D. in Economics from Princeton University.
Senior Vice President & Global Head of Market Operations
Gunilla Hellqvist is Senior Vice President, Global Head of Market Operations for Nasdaq. Her responsibilities include oversight of the business operations for all Nasdaq exchanges, clearing and custody services worldwide. Prior to this she headed the Nordic Market Operations.
Ms. Hellqvist has been with Nasdaq since the merger, and joined OMX in 1995. During the consolidation of the Nordic exchanges, and later the merger between NASDAQ and OMX, Ms. Hellqvist was responsible for the integration of all operations units.
With more than 25 years of experience from the financial markets, Ms. Hellqvist has vast experience from business and product development, fixed income and trading operations. She has held various positions with listed companies and at The Riksbank, Sweden’s central bank. Ms. Hellqvist serves on the board of Nasdaq Broker Services and on the board of FSPOS, The group for private-public co-operation in the financial sector. She holds a Degree of Bachelor of Business Administration from the University of Linköping and an executive MBA.
Senior Vice President of Global Client Services and Operations of Corporate Solutions
Greg Lipper is Senior Vice President of Global Client Services and Operations of Corporate Solutions at Nasdaq. In this role, Mr. Lipper is responsible for overseeing Account Management, Client Services, Sales Support and Operations for the company’s portfolio of intelligence and communications solutions it delivers to more than 10,000 corporate clients. Prior to joining Nasdaq, Mr. Lipper was Head of Global Business Services for Staples, (Nasdaq: SPLS) and led improvements in business performance and efficiency through operational and process excellence, and global scalable delivery models.
Mr. Lipper also held senior level roles with Fidelity Investments where he drove operational efficiencies through the delivery of an enhanced customer service model and led global transformation projects. Mr. Lipper has launched operations in India, Philippines and Poland, has lived in multiple countries. He is six sigma certified.
Senior Vice President of Corporate Solutions Technology
Heather Abbott is Senior Vice President of Corporate Solutions Technology for Nasdaq. In this role, Ms. Abbott is responsible for overseeing the application development and delivery for Corporate Solutions products and its web properties, as well as the solutions for Nasdaq Private Market companies.
Prior to joining Nasdaq, Ms. Abbott was Senior Vice President at Charles Schwab & Co for six years responsible for leading a team of over 400 technologists in Schwab’s core Investor Services business unit. Before Charles Schwab, Ms. Abbott was a Senior Director at PayPal (an eBay company) in their Mobile and New Consumer Products Division. She also held various technology positions at eBay within infrastructure, program management and product development with a focus on eCommerce development, mobile-based applications, product management and product engineering in both commercial and financial services settings.
Ms. Abbott received a Bachelor of Science degree in Chemical Engineering from University of Ottawa and a Master of Business Administration from York University Schulich School of Business.
Senior Vice President of Corporate Strategy
Jean-Jacques Louis is Senior Vice President of Corporate Strategy at Nasdaq. In this role, he is responsible for the strategic and financial analyses and execution of all corporate and business unit investments such as merger and acquisitions, joint-ventures and other business combinations.
Jean-Jacques has been a financial professional in the capital markets and investment banking industries since 1992. Prior to joining Nasdaq in 2004, he was an M&A banker with UBS Investment bank in New York, NY in its Financial Institutions Group. In this role, Jean-Jacques provided counsel and executed a number of US and international transactions in the financial institutions, financial technology and broker-dealer industries.
He started his career with Viel Tradition where he led the development of the short-term interest rate derivatives desk (interest rate swaps, forward rate agreements, swaptions, cap/floor). Viel Tradition is one the largest interbank dealers in the world. Jean-Jacques received a Master of Science in Management from the Reims School of Management at Reims, France and an MBA from Dartmouth's Tuck School of Business in Hanover, NH.
Senior Vice President & Chief Marketing Officer
Jeremy Skule is Senior Vice President and Chief Marketing Officer of Nasdaq. In this role, he is responsible for the Nasdaq Global Marketing Group and all corporate communications. Mr. Skule brings more than 15 years of global brand building experience to our team, including a special emphasis on reputation/issue management, integrated business marketing, strategic communications and investor relations--in both agency and corporate settings. Mr. Skule joined Nasdaq in 2012, having previously served as the Chief Communications Officer at MF Global, Senior Vice President and Partner at Fleishman-Hillard, and Vice President at Ruder Finn.
Senior Vice President & Corporate Secretary
Joan Conley is Senior Vice President and Corporate Secretary of Nasdaq, and its global subsidiary organizations and in that role is responsible for the Global Nasdaq Corporate Governance Program. Ms. Conley is also responsible for the Nasdaq Global Ethics and Compliance Program. Lastly, Ms. Conley is Managing Director of the Nasdaq Educational Foundation and a member of the Nasdaq NLX Ltd. Board of Directors.
Ms. Conley is a contributor to NACD publications including the NACD Blue Ribbon Commission 2013 Report on “Talent Development: A Boardroom Imperative” and the 2011 Report on “Effective Lead Director”. Ms. Conley received the award "The Best Corporate Secretary in an M&A Transaction" by Corporate Secretary Magazine in 2008.
Prior to joining NASDAQ in 2001, Ms. Conley was the Senior Vice President and Corporate Secretary at the NASD (now FINRA) from 1994 – 2001 and Director of Human Resources from 1986 – 1994. Prior to her tenure at NASD ( FINRA) Ms. Conley was a Research Associate/ Writer at the National Academy of Science in Washington, D.C. and Business Analyst at an advertising agency in Chicago, Illinois.
Ms. Conley holds a Bachelor’s of Arts/Science with a double major in Economics and Communications from Dominican University and a Master’s of Science, with honors, in Industrial & Labor Relations from Loyola University of Chicago. Ms. Conley studied Economics at the London School of Economics and the University of London.
Ms. Conley serves on the Board and Audit Committee of two non-profit organizations in Washington, D.C. and mentors several young women. In 2014 she was elected to the SIFMA Foundation Board of Directors.
Senior Vice President, Global Head of Fixed Income and Commodities
John Shay joined Nasdaq as Senior Vice President and Global Head of Fixed Income and Commodities in October 2016. In this role, Shay is responsible for leading the global commodities and fixed-income areas within Nasdaq’s Global Trading and Market Services business. This includes U.S. Treasuries, global commodities, and in the Nordic and Baltic markets, he is responsible for fixed income, clearing, and broker services activities.
From 2012 to 2016 Shay served as Senior Vice President for Global Markets at Virtu Financial, where he was responsible for managing outside venue, vendor and trading relationships, focused on fixed income, commodities, and currencies.
He was formerly a member of the Treasury Borrowing Advisory Committee (TBAC).
In 2007, Shay founded and served as Chief Marketing Officer of IDCG. He oversaw all sales efforts, including managing all buy-side, sell-side and clearing member relationships. IDCG was sold to LCH in August of 2012.
Shay also founded and served as Managing Partner at Capital Market Services Inc., a wholly-owned clearing and execution services business designed to improve market access for algorithmic strategy hedge funds in the over-the-counter and exchange traded space.
In 1982 Shay began his 25 year career at ICAP, where he served as Executive Vice President and Global Head of Sales for ICAP Electronic Broking (IEB) for Fixed Income and Foreign Exchange from 2003 to 2007. Prior to 2003, he helped develop strategic partnerships in China, Hong Kong, Japan, South America and the European Union, and was instrumental in growing the company’s market share in U.S. Treasuries, Mortgage Backed Products, and Repo.
Shay earned an M.B.A. from Columbia Business School, Columbia University and a B.B.A. from Pace University’s Lubin School of Business graduating magna cum laude..
Senior Vice President of MarketWatch
John Zecca is Senior Vice President of MarketWatch and head of market regulation for the U.S. markets operated by Nasdaq. He is also chief regulatory officer of NASDAQ BX, Inc In these capacities he oversees a team of regulatory analysts, programmers and attorneys responsible for maintaining fair and orderly markets. He also oversees regulatory services performed by FINRA for Nasdaq's markets. Mr. Zecca previously served as NASDAQ's senior corporate counsel and was responsible for public company compliance and mergers and acquisitions. He is a frequent speaker on market regulation, corporate governance and Sarbanes-Oxley issues.
Prior to joining Nasdaq, Mr. Zecca served as legal counsel to an SEC commissioner and in the SEC's Office of General Counsel. He practiced corporate securities law at the firms of Hogan & Hartson (now Hogan Lovells) and Kaye Scholer. He served as law clerk for the Hon. John H. Pratt of the United States District Court for the District of Columbia. Mr. Zecca received his Bachelor of Science degree from Cornell University and his Juris Doctor from the University of California, Hastings College of the Law.
Senior Vice President, Head of U.S. Options, Nasdaq
Kevin Kennedy is Senior Vice President and Head of U.S. Options in Nasdaq’s Global Trading & Market Services business. In this role, Mr. Kennedy is responsible for leading the US Options business for Nasdaq, including setting the strategic direction for all six of Nasdaq’s U.S. Options exchanges.
Prior to his appointment as Head of U.S. Options, he served as Head of Market Operations for U.S. Options at Nasdaq. Mr. Kennedy also served on the Board of Governors of the PHLX prior to its acquisition by Nasdaq.
Mr. Kennedy began his career as an independent market maker in September 1987. Since then, he has served as President of his own trading firm, and Vice President in Goldman Sachs Equities division, where he managed the firm’s Philadelphia derivatives operation.
Mr. Kennedy graduated from La Salle University in 1987 with a Bachelor of Science in Finance.
President Nasdaq Nordics and Nasdaq Stockholm & SVP European Cash Equity and Equity Derivatives, Nasdaq
Lauri Rosendahl is President of Nasdaq Nordics and Nasdaq Stockholmand Senior Vice President of European Cash Equity and Equity Derivatives within Global Transaction and Market Services.
Since joining Nasdaq in May 2009 and up until March 2016, Mr. Rosendahl was the President of Nasdaq Helsinki. From May 2009 to February 2013, Mr. Rosendahl was Head of Product Management for Nordic Equities and Nordic Equity Derivatives. During this time, Mr. Rosendal helped oversee the implementaion of Nasdaq Nordic CCP clearing for cash equities, the launch of INET trading system for cash equities and GENIUM INET for equity derivatives
Also at this time, Mr Rosendahl was responsible for the Baltic and Armenian market operations for Nasdaq. Mr. Rosendahl has over 20 years of experience in the financial markets, having held several senior management positions within securities trading, equity research and investment banking with several banks and brokerage firms, including Deutsche Bank, ABN Amro / Alfred Berg, Carnegie and Kaupthing. As Head of the Helsinki Stock Exchange, Mr. Rosendahl is a board member of the Securities Market Association in Finland.
Mr. Rosendahl is a board member of the Securities Market Association in Finland and was a founding member and board member from 1989 to 1993. of The Finnish Financial Analyst Society . He was also a board member of The Finnish Brokers' Association, The Private Brokers' Association and on the Supervisory Board of the Helsinki Stock Exchange.
Senior Vice President, Chief Information Security Officer and Global Head of Infrastructure Services
Louis Modano is Senior Vice President, Chief Information Security Officer and Global Head of Infrastructure Services for Nasdaq. In this role, he is responsible for leading the company’s information security risk assessment and governance activities as well as information security incident management engineering teams. He is also responsible for the development and implementation of Nasdaq’s global technology infrastructure and services, including networks, systems, storage, databases, cloud computing, office automation and data center facilities.
Mr. Modano and his global team support the underlying infrastructure behind Nasdaq’s trading and market systems, as well the Market Technology and Corporate Solutions businesses within the Global Technology group.
Mr. Modano has more than 25 years of experience in building business value through strategic and innovative product development and information technology initiatives within the financial services industry. Prior to joining Nasdaq in August of 2009, Modano served as Senior Vice President at NYSE Euronext, where he held various senior leadership positions in operations, engineering, business development, sales, product development, and as head of the Sector/SFTI technology subsidiary.
Mr. Modano earned a Master of Business Administration from St. John’s University and a Bachelor of Science in Electrical Engineering from Polytechnic University.
Senior Vice President of Global Sales of Market Technology
Paul McKeown is a Senior Vice President of Global Sales of Market Technology. In this role, Mr. McKeown oversees the global sales activities for Nasdaq’s core technology offerings to exchanges, clearinghouses, depositories and emerging marketplaces.
He most recently served as head of Global sales and Service for Nasdaq’s Global Corporate Solutions business following the acquisition of the business from Thomson Reuters in 2013.
Mr. McKeown also served as Vice President of Market Technology and Global Head of Nasdaq’s compliance and surveillance offerings from 2011 to 2013.
Paul joined Nasdaq in 2000, and has 18+ years of sales and marketing experience within financial markets across Asia-Pacific, Europe and the Americas. He has been involved in a wide spectrum of sectors including retail banking, international treasury, retail and institutional securities, trade finance, investment banking, exchange trading, clearing and settlement.
Mr. McKeown was educated in the United Kingdom and holds a BA (Hons) in Business from Nottingham Trent University. He gained his Asia-Pacific regional experience during his 12 years living in Sydney. Paul has been based in New York since 2009.
Senior Vice President of Global Software Development & Head of Development for Market Technology Systems
Peter Jessup is Senior Vice President of Global Software Development and Head of Development for Market Technology Systems at Nasdaq. In this role, he leads the software design, development and support functions for many of the Company’s leading trading and clearing solutions, including GENIUM INET Trading and X-stream INET Trading, X-stream CSD and Clearing, and Sentinel Post- trade Risk Management, serving a global client base.
Peter has more than 30 years of experience in designing, building, and supporting IT systems in the financial services sector. Since joining Company in 1996, he has held various technology roles, including product manager for the X-stream trading platform and as a technical architect and system designer supporting several exchanges and market operations worldwide.
Prior to Nasdaq, Peter spent several years at Tandem Computers as a Securities Industry Expert. He also worked with the New Zealand Stock Exchange, where he designed and developed the FASTER system which provided electronic messaging between the Exchange’s Settlement Systems and five different Share Registry Systems to streamline transfers.
Senior Vice President & Group Treasurer
Peter Strandell is the Senior Vice President and Group Treasurer for Nasdaq. As the Treasurer, Strandell oversees the Group's Debt/Funding, Asset and liquidity management. In this position he is also responsible for all Counterparty, Currency, Interest rate and Foreign Exchange rate Risk Management.
In addition to Managing Treasury Services, Mr. Strandell also oversees the Risk Management in the Groups Clearing Houses. Since assuming his position, Mr. Strandell has been the financial architect over Nasdaq transformation to a solid Investment Grade company with a well-diversified debt structure and access to multiple sources of capital.
Since the break out of the financial crises in 2008, Peter and his Risk Management team has been focused on implementing new capital adequacy and liquidity models which improves the Groups capacity to better navigate and withstand financial turmoil. Before the current role, Mr. Strandell was the Group Treasurer for the Nordic Exchange group, OMX AB, which he joined 1998.
He holds a degree in Business Administration and Finance from Stockholm University. Peter Strandell also serves at the Board of the Swedish American Chamber of Commerce, New York (SACC).
Senior Vice President of Listing Services
Robert H. McCooey, Jr. iRobert H. McCooey, Jr. is a Senior Vice President of Nasdaq’s Listing Services unit. He is responsible for New Listings as well as Relationship Management with Nasdaq’s 3,500 listed companies in the Americas and throughout Asia Pacific. Previously, Mr. McCooey ran New Listings and the Capital Markets Group at Nasdaq. In this role, Mr. McCooey managed Nasdaq’s new listings efforts domestically, in the Americas and throughout the Asia Pacific region.
Prior to joining Nasdaq in 2006, Mr. McCooey founded and served as the Chief Executive Officer of The Griswold Company, a brokerage firm, from 1988 until 2006. He was a member of the New York Stock Exchange Board of Executives from 2003-2006. Mr. McCooey served on the NYSE’s Group Market Performance Committee, was chairman of the NYSE’s Technology and Planning Oversight Committee and served on the Boards of the NYSE Foundation, the Securities Industry Automation Corporation (SIAC) and the Committee for Review, part of NYSE Regulation. He is a member of the National Organization of Investment Professionals (NOIP).
Mr. McCooey is a graduate of the College of the Holy Cross in Worcester, MA.
Senior Vice President of Enterprise Architecture
Tom Fay is Senior Vice President of Enterprise Architecture at Nasdaq. In this multi-disciplinary role, Mr. Fay is responsible for the architecture, design, and performance of critical technology solutions across the company.
Since rejoining Nasdaq in 2010, Mr. Fay has also led the System Performance and Engineering Group, which was responsible for increasing performance of the US based exchanges. Under his leadership, the responsibilities of the group expanded to include FPGA development, Capacity Management, Platform development and R&D, leading to the formal creation of the Enterprise Architecture Group in 2014.
Mr. Fay’s experience spans over thirty years and he has held senior technology positions in a variety of industries including telecommunications, defense and financial services.
From 2008 to 2010, Mr. Fay was Chief Technology Officer for Virtu Financial and was responsible for the Firm’s trading system including network infrastructure, proprietary software development and back office database systems.
Mr. Fay originally joined Nasdaq as part of the company’s acquisition of INET in 2005. During this time, he was responsible for the consolidation of multiple trading platforms into the current INET technology based single book system, the development of Nasdaq’s US Equities Clearing System, and creation of an automated regression test framework to verify functional changes to the trading systems.
Mr. Fay is a graduate of Stevens Institute of Technology.