< Wall Street's Nerds: The World's Most Powerful Trading Executives

20. Veronica Augustsson
Chief Executive Officer
Cinnober Financial Technology
Last year: 24

Announcing in April 2016 that it had chosen Cinnober for risk monitoring across all of its markets, Japan Exchange Group joined a growing list of prominent exchange organizations relying on the Stockholm-based company's TRADExpress technology. Brazil's BM&FBovespa, LME Clear in London, the Dubai Gold & Commodities Exchange, and Johannesburg Stock Exchange are among longer-standing users of Cinnober's clearing and risk management solutions.

The 19-year-old company, headed since 2012 by Veronica Augustsson, now touts "multi-asset solutions across the entire transaction chain." NYSE Regulation turned to Cinnober and its frequent partner Scila for its market surveillance system; the London Bullion Market Association has chosen Cinnober's Boat Services for trade reporting and transparency; and TRADExpress as a Service will power the International Property Securities Exchange, which expects to launch this year. The last, also relying on Scila's surveillance technology, has "the potential to revolutionize the commercial real estate market," says CEO Augustsson, 38. In what Cinnober termed a midsize deal, revealed on February 2, the company will be supplying its real-time clearing system to a new, as yet unnamed Asian marketplace, signifying "continuous attention from new ventures and consortiums with a need for our refined posttrade knowledge and modular technology," Augustsson says.

 
The 2017 Trading Tech 40

1. Richard Prager BlackRock 2. Chris Isaacson Bats Global Markets 3. Bradley Peterson Nasdaq C-PACE: The Rapidly Growing Corner of Real Estate Finance Catching Institutional Attention Sponsored by Nuveen June 4, 2025 4. Brad Levy MarkitSERV 5. Dan Keegan Citi

6. Glenn Lesko Bloomberg Tradebook 7. Bryan Durkin CME Group 8. Mayur Kapani Intercontinental Exchange 9. Mike Blum KCG Holdings 10. Raj Mahajan Goldman Sachs Group

11. Ronald DePoalo Fidelity Institutional 12. Nick Themelis MarketAxess Holdings 13. Jenny Knott NEX Optimisation 14. Billy Hult Tradeweb Markets 15. Rob Park IEX Group

16. Bill Chow & Richard Leung Hong Kong Exchanges and Clearing 17. John Mackay (Mack) Gill MillenniumIT 18. Paul Hamill Citadel Securities 19. Eric Noll Convergex 20. Veronica Augustsson Cinnober Financial Technology

21. Tyler Moeller & Joshua Walsky Broadway Technology 22. Alasdair Haynes Aquis Exchange 23. Gaurav Suri Arcesium 24. Manoj Narang Mana Partners 25. Michael Chin & Neill Penney Thomson Reuters

26. Robert Sloan S3 Partners 27. Anton Katz & Stephen Mock AQR Capital Management 28. Donal Byrne Corvil 29. Stu Taylor Algomi 30. Alfred Eskandar Portware

31. Steven Randich Financial Industry Regulatory Authority 32. R. Cromwell Coulson OTC Markets Group 33. Peter Maragos Dash Financial 34. John Fawcett Quantopian 35. Donald Ross III PDQ Enterprises

36. Jennifer Nayar Vela Trading Technologies 37. Dan Raju Tradier 38. Susan Estes OpenDoor Trading 39. David Mercer LMAX Exchange 40. Oki Matsumoto Monex Group