Industry Thought Leaders
Here is a list of industry thought leaders who have a stake in how the OTC derivatives regulatory overhaul debate plays out, and have expressed their views on the matter.
Partner, SunGard Consulting Services
John Avery has been a partner at SunGard Consulting Services, a unit of SunGard, for more than three years. Avery specializes in Cash, Listed Derivatives and OTC Derivatives markets for the firm.
Chief Executive, LCH.Clearnet Group
Ian Axe was appointed chief executive in April 2011. He joined LCH.Clearnet from Barclays Capital, where he was global head of operations and COO EMEA.
Chief Operating Officer, IntercontinentalExchange, Inc.
Peter Barsoom has been COO of ICE since April 2010. Before ICE, Barsoom worked for Blue Mountain Capital Management, Morgan Stanley, Merrill Lynch and American Express.
Senior Managing Director, Tullett Prebon Americas Corp.
Shawn Bernardo is a Senior Managing Director at Tullett Prebon Americas Corp. Bernardo often represents and speaks on behalf of the Wholesale Markets Brokers Association (WMBA).
President of Creditex, IntercontinentalExchange, Inc.
Grant Biggar was appointed president of Creditex in January 2010. He has over a decade of experience working within the CDS market. Before joining Creditex in 2000, Biggar ran the CDS desks for ICAP in New York and Sydney.
Board Member in Charge of Clearing, Eurex
Thomas Book serves as Member of the Executive Board of Eurex Zürich AG and Eurex Frankfurt AG, where Book heads up Eurex's Clearing division. As Head of Trading and Clearing Market Development, he was in charge of market development on the cash and derivatives markets, as well as for international strategic projects.
Neal BradyChief Executive Officer, Eris Exchange
Neal Brady was appointed CEO of Eris Exchange in July 2010. Prior to co-founding Eris Exchange, Brady was managing director of business development at CME Group. Before CME Group, he was founder and CEO of Liquidity Direct Technology, which was acquired by the CME Group in 2004.
Chief Executive Officer, Javelin Capital markets LLC
In October 2010, Jamie Cawley became CEO of Javelin, an electronic trading venue for interest rate and credit default swaps backed by a consortium of dealers and private equity firms. Before Javelin, Cawley was founder of IDX Capital, a New York-based electronic trading platform for credit default swaps between dealers.
Head of E-Exchange, State Street
Sam Cole joined State Street in October 2010 and is responsible for product, technology and operational activities across the e-Exchange portfolio. Cole joined State Street from BlueMountain Solutions Inc., a risk and analytics service provider, where he served as president. Prior to BlueMountain, he was a senior consultant for KcKinsey & Co.
William De Leon
Executive Vice President, Global Head of Portfolio Risk Management, PIMCO
William De Leon is the Executive Vice President of Global Head of Portfolio Risk Management at PIMCO Strategic Global Government Fund, which operates as a nondiversified and closed-end management investment company.
Managing Director and Global Head, Deutsche Bank
Athanassios Diplas is a managing director and global head of the Systemic Risk Management Group. The group is in charge of the systemic risk issues and market structure initiatives in the credit derivatives market.
CEO, CME Group
Craig Donohue has served as CME Group's CEO and a member of its board since 2004. Previously, Donohue was Executive Vice President and Chief Administrative Officer. Before that, Donohue held various positions at CME Group, including Managing Director and Chief Administrative Officer; Managing Director, Business Development and Corporate/Legal Affairs. Donohue has also served as CME Group's representative on the board of BM&FBOVESPA since 2008. He has also been elected to the 2010 Board of Directors for the World Federation of Exchanges (WFE), to serve a two year term.
Terrence A. Duffy
Executive Chairman, CME Group
Terrence Duffy has served as executive chairman since 2006, when he became an officer of the company. Before that, he was chairman of the board since 2002 and served as vice chairman from 1998 to 2002. Before joining CME Group, Duffy was president of TDA Trading, Inc.
Managing Director, ICAP
As managing director, Chris Ferreri is actively engaged in the derivatives reform effort. Before joining ICAP in 1984, Ferreri was a project engineer at duPont.
Senior Managing Director, BlackRock
Peter Fisher is head of Blackrock's Fixed Income Management globally and is a member of BlackRock's Global Operating Committee. He served as Under Secretary of the U.S. Treasury for Domestic Finance and spent 15 years at the Federal Reserve Bank of New York.
Director of Industry Relations EMEA, Omgeo
Tony Freeman joined Omgeo, the global standard for post-trade efficiency, in 2004, overseeing industry and government relations in the EMEA region. Freeman is a member of the ISITC Europe Executive Committee, is a frequent public speaker, and has contributed to numberous financial journals.
Chairman & CEO, GFI Group
Mr. Gooch founded the business of GFI Group Inc. in 1987 and has been GFI’s Chairman and Chief Executive Officer since its inception in 1987. Prior to this, Mr. Gooch worked for Citibank, Refco Group, Bierbaum Martin, Harlow Meyer Savage and Tullet & Tokyo Forex. Mr. Gooch is the President and majority shareholder of Jersey Partners, the largest shareholder of GFI.
President, North America, Global Head of Fixed Income and Sctructured Products, Markit
Kevin Gould is a co-founder of Markit and brings extensive experience of debt market instruments and team management. Prior to founding Markit, he was Head of European Fixed Income at TD Securities with responsibility for all primary and secondary instruments. Kevin was previously Head of Fixed Income Trading and Sales in London for CIBC Capital Markets, where he spent nine years. He holds a BSc in Mechanical Engineering from Bristol University.
Global Head of Market Structure, Thomson Reuters
Rob hegarty joined Thomson Reuters in December 2010, as Global Head of Market Structure overseeing the expansion of Elektron, the firm's financial markets ecosystem that delivers content and services worldwide. Before Thomson Reuters, Hegarty was the Head of the Market Structure Group at DTCC. Prior to joining DTCC, Hegarty led the Securities & Investments and Insurance practice areas at the TowerGroup. Before joining Tower, Hegarty was Vice President of trading systems at Putnam Investments and Vice President of Technology for Fidelity Capital Markets in Boston.
Managing Director and Global Credit Derivatives Officer, Morgan Stanley
James Hill is the Fixed Managing Director and Global Credit Derivatives Officer at Morgan Stanley, where he focuses on fixed income derivatives structuring and trading, as well as credit derivatives and structured corporate credit products. Hill often speaks and testifies on behalf of the Securities Industry and Financial Markets Association (SIFMA).
President, Head of U.S. Operations, Tradeweb
Billy Hult is the President of Tradeweb and Head of U.S. Operations for the company. Hult is a key figure full article in the online markets, and has been responsible for originating and growing many of Tradeweb's global markets, including the highly successful TBA-Mortgage platform. In 2007, he was instrumental in working with the dealers and Thomson Reuters to create a historic partnership to grow online trading. In 2008, Hult took responsibility for Tradeweb's inter-dealer business, following the acquisition of Hilliard Farber, a boutique brokerage.
Managing Director, Barclays Capital
Ray Kahn is Managing Director of Barclays Capital and global head of counterparty risk management for the bank. Before joining Barclays, he was global head of loan portfolio hedging and risk management at Lehman Brothers.
Elizabeth K. King works on Getco's legal team helping to navigate regulatory and compliance issues for the company. Before Getco in 2010, she was associate director in the Division of Market Regulation at the US Securities and Exchange Commission, where she worked since 1993. At the SEC, she oversaw the division's regulation of the exchange-listed options industry as well as other derivatives. She was also in charge of directing the SEC's policy on regulating OTC derivatives.
Managing Director, Goldman Sachs
Bradford Levy is a managing director in the Principal Strategic Investments Group. This group is responsible for the strategy and implementation of market structure-related initiatives and strategic investments across all product areas within the Securities Division. Before joining the group in 2000, Brad spent six years in the Municipal Bond Department. He joined Goldman Sachs in 1994 and was named managing director in 2005.
Managing Director, DE Shaw
Ted MacDonald, Ph.D. is a managing director of D.E. Shaw & Co., LP and the treasurer of the D.E. Shaw group, where he is responsible for the financing of the firm's portfolios, management of cash and liquidity, supervision of banking and brokerage relationships, and implementation of new businesses.
COO, NYSE Liffe
Lynn Martin is the Chief Operating Officer (COO) of NYSE Liffe U.S. Martin is also the SVP at NYSE Euronext.
Managing Director, Goldman Sachs
Jack McCabe is co-head of the Futures and Electronic Trading businesses at Goldman Sachs. He joined Goldman Sachs as a trader on the Chicago Board of Trade in 1991 and transferred to Equity Derivative Sales in New York in 1992. Mr. McCabe became co-head of Equity Derivative Sales in 1999 and managed the sales efforts related to options, futures, structured products and swaps. In 2008, Mr. McCabe became co-head of the Goldman Sachs Electronic Trading business (GSET) in the United States.
Richard M. McVey, has been Chief Executive Officer and Chairman of our Board of Directors since our inception. As an employee of J.P. Morgan & Co., one of our founding broker-dealers, McVey was instrumental in the founding of MarketAxess in April 2000. Prior to founding MarketAxess, McVey was Managing Director and Head of North America Fixed Income Sales at JPMorgan, where he managed the institutional distribution of fixed-income securities to investors, from 1996 until April 2000.
William H. Navin
Executive Vice President and General Counsel, OCC
William H. Navin is an Executive Vice President, General Counsel and Chief Legal Officer of The Options Clearing Corporation (OCC). Navin joined OCC in July 1999. Prior to that, he was a partner at Schiff Hardin & Waite from 1975-1999 and an associate from 1972 to 1975. He was a law clerk for the Hon. George N. Beamer (U.S. District Court, Northern District of Indiana) from 1969 to 1972.
CEO, NYSE Euronext
Duncan Niederauer was appointed Chief Executive Officer and Director of NYSE Euronext on December 1, 2007, after joining NYSE Euronext in April 2007 as a member of the management committee. Niederauer also serves on the boards of NYSE Group and Euronext. Niederauer was previously a partner at The Goldman Sachs Group, Inc.
CEO, International Derivatives Clearing Group
Prior to joining IDCG, Garry O'Connor spent seventeen years in the Investment Banking industry, pricing and managing interest rate derivative portfolios. He has held senior positions in Sydney, Tokyo, Hong Kong and New York with Bankers Trust and then Merrill Lynch.
Chief Executive Officer, Tradeweb
Lee Olesky has been Chief Executive Officer of Tradeweb LLC since September 2008. He Co-founded Tradeweb and focused on growing the company internationally and driving expansion into the derivatives markets for six years. Olesky has more than two decades of experience in the global fixed income markets.
Managing Director, OTC Products & Services, CME Group
Laurent Paulhac has served as Managing Director OTC Products & Services, CME Group since 2009. Prior to joining CME Group, he was the Chief Executive Officer of CMA, a provider of credit derivatives market data, which was acquired by CME Group in 2008.
Managing Director, BlackRock
Richard Prager joined BlackRock in September 2008 as global head of fixed income trading. Before BlackRock, Prager was a managing director at Bank of America, Gen Re and ING.
EVP Product Management, SunGard
Tony Scianna is executive vice president, product management and marketing for SunGard’s Brokerage and Clearance business. Prior to joining SunGard, Scianna was the chief operating officer of Refco Securities. During his more than 25 years in the financial services industry, he has held positions at Hornblower, Weeks, Hemphill & Noyes, Loeb Rhodes and Spear, Leeds & Kellogg.
Managing Director, Swap Financial Group
In 1988, Peter Shapiro founded Swap Financial Group and became the groups Managing Director, handling the firm’s senior client relationships, including major state agencies. Early in his career, Shapiro began structuring tax-exempt swaps, caps, floors and collars, prior to establishment of the SIFMA/BMA Index. Shapiro previously held positions at Euro Brokers as the Senior Vice President, as well as Vice President and Department Head of Citibank. With 20 years experience as a senior financial markets professional specializing in public finance and financial derivatives products, Shapiro has solidified himself as a major player in the financial service industry.
Senior Vice President, General Counsel and Corporate Secretary, IntercontinentalExchange (ICE)
Johnathan Short is the Senior Vice President, General Counsel and Corporate Secretary of IntercontinentalExchange (ICE). Short oversees ICE's legal and government affairs, as well as corporate governance matters.
Senior Legal and Policy Advisor, Office of Investment, AFL-CIO
Heather Slavkin is a Senior Legal and Policy Advisor in the Office of Investment at American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), a national trade union center. AFL-CIO is the largest federation of unions in the United States, made up of 56 national and international unions, together representing more than 11 million workers.
Jeffrey C. Sprecher
Chairman and CEO, IntercontinentalExchange (ICE)
Jeffrey C. Sprecher is the founder of IntercontinentalExchange (ICE) Inc. In addition, Sprecher is the Chairman and CEO of ICE Clear U.S.
Managing Director of Business Development, Depository Trust & Clearing Corporation (DTCC)
Bill Stenning is the vice president for Business development at the Depository Trust & Clearing Corporation (DTCC). Stenning regulates DTCC's OTC derivatives business development efforts in Europe. Most recently, Stenning was the managing director, Trading & Risk Systems, responsible for trading products, primarily in the back office at Sungard.
Chief Executive Officer, FXall
Philip Weisberg was one of the key people responsible for launching FXall. As CEO, Weisberg remains the driving force behind the entire business strategy by testing latest technology improvements and working with customers one on one. Prior to FXall, Weisberg served as Managing Director at LabMorgan, JP Morgan Chase & Co’s eFinance incubator and held various roles in derivatives trading in New York and London. Highlighting Weisbergs’ role as an executive of a top financial institution, in 2007 he was featured in Institutional Investor Magazine’s “Online Finance 30” for the seventh consecutive year.
Kimberly S. Taylor
Managing Director and President of Clearing House Division, CME Group
Kimberly Taylor serves as Managing Director and President of CME Group’s Clearing House Division. Since Taylor was appointed to this position on CME's Management Team in 2004, she has been responsible for overseeing the exchange's Clearing House operations.