< The 2015 Trading Technology 40: Going with the Flow
12
Gerald O’Connell
Chief Information Officer
CBOE Holdings
Last year: 12
It takes a steady hand to keep the engines running for exchanges that thrive on volatility. For the Chicago Board Options Exchange and other venues under the CBOE Holdings umbrella, Gerald O’Connell has been just that for a generation (the human, not the computer, kind). Defying survey data that places the average job tenure of chief information officers somewhere between four and six years, O’Connell has been executive vice president and CIO of the leading U.S. options exchange operator since 1993. It’s been more than 30 years, all told, since the John Marshall Law School graduate brought his programming and management talents to CBOE from Hyatt Hotels Corp. “I’ve seen a lot of changes in the industry over that time period,” the 63-year-old reflects. These days CBOE is “very much involved in competition for order flow.” Last June, playing to a growing global audience, the company extended trading hours for futures on its popular Volatility Index (VIX) to 23 hours and 45 minutes a day, five days a week. Plans are to bring S&P 500 index options and VIX options to round-the-clock trading this year, and other proprietary products may follow. “What’s driving that is demand from Europe and Asia,” O’Connell says. “We want that volume, and we are making trading available to those participants in their time zones.”
See also O'Connell's profiles in the 2013 Trading Technology 40, the 2012 Trading Technology 30 and the 2012 Tech 50.
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 Richard Korhammer
SR Labs Hazem Dawani
OptionsCity Software