< The 2014 Tech 50: Moving Out of the Lab and Into the Cloud
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Daniel Coleman
Chief ExecutiveOfficer
KCG Holdings
Last year: 15
As head of one of the world’s largest electronic market makers, Daniel Coleman would seem to have a lot at stake in all the fuss about high frequency trading stirred up by the release this spring of Michael Lewis’s Flash Boys. But the CEO of Jersey City, New Jersey–based KCG Holdings, created by the July 2013 merger of Getco Holding Co. and troubled Knight Capital Group, hopes to benefit from any heightened regulatory scrutiny of U.S. equity markets. “It gives us a great opportunity to really engage with clients and potential clients on market structure issues and how to achieve best execution in markets that are reasonably complicated,” says Coleman, who joined Chicago-based Getco in 2010 after a 24-year career at UBS and its predecessor firms. “I think it’s very appropriate for us to play a leadership role.” KCG’s global execution services business, which includes its trading venues, generated $87.2 million in revenue during the first quarter of 2014, up 4 percent from the previous quarter. Market-making revenue jumped 19 percent, to $277.3 million. “Our goal long-term is to be a leading market maker in all the major asset classes and all the major geographies,” adds Coleman, who turns 50 in August. “We think we can do this with only 1,200 people or so, and that’s because of technology.”
The 2014 Tech 50
1
1
3
4
5
Thomas Secunda
Bloomberg Jeffrey Sprecher
Intercontinental Exchange Catherine Bessant
Bank of America Corp. Stephen Neff
Fidelity Investments Lance Uggla
Markit 6
7
8
9
10
Robert Goldstein
BlackRock David Craig
Thomson Reuters Phupinder Gill
CME Group Anna Ewing
NASDAQ
OMX Group R. Martin Chavez
Goldman Sachs Group 11
12
13
14
15
Deborah Hopkins
Citi Ventures Dan Mathisson
Credit Suisse Daniel Coleman
KCG Holdings Michael Spencer
ICAP Michael Bodson
Depository Trust &
Clearing Corp. 16
17
18
19
20
Joe Ratterman
BATS Global Markets Dominique Cerutti
Euronext Ron Levi
GFI Group Gaurav Suri
D.E. Shaw Group Charles Li
Hong Kong
Exchanges and
Clearing 21
22
23
24
25
Lou Eccleston
S&P Capital IQ Lee Olesky
Tradeweb Markets Richard McVey
MarketAxess Holdings Seth Merrin
Liquidnet Holdings Antoine
Shagoury
London Stock
Exchange Group 26
27
28
29
30
Christopher
Perretta
State Street Corp. Kevin Rhein
Wells Fargo & Co. Peter Carr
Morgan Stanley Hauke Stars
Deutsche Börse Robert Alexander
Capital One
Financial Corp. 31
32
33
34
35
David Gershon
SuperDerivatives Chris Corrado
MSCI Joseph Squeri
Citadel Tanuja Randery
BT Global Services John Bates
Software AG 36
37
38
39
40
Gary Scholten
Principal Financial Group David Gledhill
DBS Bank Simon Garland
Kx Systems Cristóbal Conde
FinTech Innovation Lab Jeff Parker
EidoSearch 41
42
43
44
45
Kim Fournais &
Lars Seier Christensen
Saxo Bank Kenneth Marlin
Marlin & Associates Tyler Kim
MaplesFS Jim McGuire
Charles Schwab Corp. Jim Minnick
eVestment 46
47
48
49
50
Steven O’Hanlon
Numerix Sebastián Ceria
Axioma Yasuki Okai
Nomura Research Institute Niki Beattie
Market Structure Partners Mas Nakachi
OpenGamma
