The 2017 Trading Tech 40: Eric Noll

2017-03-trading-tech-40-eric-noll-small.jpg

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

2017-03-trading-tech-40-eric-noll.jpg

19. Eric Noll
President and Chief Executive Officer
Convergex
Last year: 21

In Eric Noll, institutional investors have a voice in Washington. The president and CEO of agency-focused brokerage Convergex has for the past two years served on the Securities and Exchange Commission’s Equity Market Structure Advisory Committee, representing his buy-side clients’ interests. The 54-year-old chairs the panel’s market quality subcommittee, which in November delivered recommendations on the National Market System antivolatility proposal known as Limit Up–Limit Down, marketwide circuit breakers, and uniform opening time.

Convergex was in turnaround mode when Noll, a former Susquehanna International Group and Nasdaq executive, joined in 2013. Today, serving 3,000 clients around the world, it is active in high-touch and electronic trading, prime brokerage, clearing, and commission management. In “ETFs — You’re (Probably) Doing It Wrong,” one of a series of recent thought papers, Noll observed that trading in the instruments is highly concentrated; 1 percent of the 1,976 U.S.-listed ETFs have almost half of the total assets under management, and many investors are missing out on some top performers. He put in a plug for Convergex’s ETF Direct, where clients can “source multiple quotes in all U.S.-listed ETFs” and find block-size liquidity without payment for order flow or hidden fees.


The 2017 Trading Tech 40Click below to view profiles

Sponsored
2017-03-trading-tech-40-richard-prager-thumb.png

1. Richard Prager
BlackRock

2017-03-trading-tech-40-chris-isaacson-thumb.png

2. Chris Isaacson
Bats Global Markets

2017-03-trading-tech-40-bradley-peterson-thumb.png

3. Bradley Peterson
Nasdaq

2017-03-trading-tech-40-brad-levy-thumb.png

4. Brad Levy
MarkitSERV

2017-03-trading-tech-40-dan-keegan-thumb.png

5. Dan Keegan
Citi

2017-03-trading-tech-40-glenn-lesko-thumb.png

6. Glenn Lesko
Bloomberg Tradebook

2017-03-trading-tech-40-bryan-durkin-thumb.png

7. Bryan Durkin
CME Group

2017-03-trading-tech-40-mayur-kapani-thumb.png

8. Mayur Kapani
Intercontinental Exchange

2017-03-trading-tech-40-mike-blum-thumb.png

9. Mike Blum
KCG Holdings

2017-03-trading-tech-40-raj-mahajan-thumb.png

10. Raj Mahajan
Goldman Sachs Group

2017-03-trading-tech-40-ronald-depoalo-thumb.png

11. Ronald DePoalo
Fidelity Institutional

2017-03-trading-tech-40-nick-themelis-thumb.png

12. Nick Themelis
MarketAxess Holdings

2017-03-trading-tech-40-jenny-knott-thumb.png

13. Jenny Knott
NEX Optimisation

2017-03-trading-tech-40-billy-hult-thumb.png

14. Billy Hult
Tradeweb Markets

2017-03-trading-tech-40-robert-park-thumb.png

15. Rob Park
IEX Group

2017-03-trading-tech-40-bill-chow-richard-leung-thumb.png

16. Bill Chow & Richard Leung
Hong Kong Exchanges and Clearing

2017-03-trading-tech-40-mack-gill-thumb.png

17. John Mackay (Mack) Gill
MillenniumIT

2017-03-trading-tech-40-paul-hamill-thumb.png

18. Paul Hamill
Citadel Securities

2017-03-trading-tech-40-eric-noll-thumb.png

19. Eric Noll
Convergex

2017-03-trading-tech-40-veronica-augustsson-thumb.png

20. Veronica Augustsson
Cinnober Financial Technology

2017-03-trading-tech-40-tyler-moeller-joshua-walsky-thumb.png

21. Tyler Moeller & Joshua Walsky
Broadway Technology

2017-03-trading-tech-40-alasdair-haynes-thumb.png

22. Alasdair Haynes
Aquis Exchange

2017-03-trading-tech-40-gaurav-suri-thumb.png

23. Gaurav Suri
Arcesium

2017-03-trading-tech-40-manoj-narang-thumb.png

24. Manoj Narang
Mana Partners

2017-03-trading-tech-40-michael-chin-neill-penney-thumb.png

25. Michael Chin & Neill Penney
Thomson Reuters

2017-03-trading-tech-40-robert-sloan-thumb.png

26. Robert Sloan
S3 Partners

2017-03-trading-tech-40-anton-katz-stephen-mock-thumb.png

27. Anton Katz & Stephen Mock
AQR Capital Management

2017-03-trading-tech-40-donal-byrne-thumb.png

28. Donal Byrne
Corvil

2017-03-trading-tech-40-stu-taylor-thumb.png

29. Stu Taylor
Algomi

2017-03-trading-tech-40-alfred-eskandar-thumb.png

30. Alfred Eskandar
Portware

2017-03-trading-tech-40-steven-randich-thumb.png

31. Steven Randich
Financial Industry Regulatory Authority

2017-03-trading-tech-40-r-cromwell-coulson-thumb.png

32. R. Cromwell Coulson
OTC Markets Group

2017-03-trading-tech-40-peter-maragos-thumb.png

33. Peter Maragos
Dash Financial

2017-03-trading-tech-40-john-fawcett-thumb.png

34. John Fawcett
Quantopian

2017-03-trading-tech-40-donald-ross-iii-thumb.png

35. Donald
Ross III
PDQ Enterprises

2017-03-trading-tech-40-jennifer-nayar-thumb.png

36. Jennifer Nayar
Vela Trading Technologies

2017-03-trading-tech-40-dan-raju-thumb.png

37. Dan Raju
Tradier

2017-03-trading-tech-40-susan-estes-thumb.png

38. Susan Estes
OpenDoor Trading

2017-03-trading-tech-40-david-mercer-thumb.png

39. David Mercer
LMAX Exchange

2017-03-trading-tech-40-oki-matsumoto-thumb.png

40. Oki Matsumoto
Monex Group


Related