The 2016 Trading Technology 40: Mayur Kapani

No. 11 Mayur Kapani, Senior Vice President, Technology, Intercontinental Exchange

< The 2016 Trading Technology 40

11
Mayur Kapani
Senior Vice President, Technology
Intercontinental Exchange
PNR

If a career in trading technology is long enough, it likely bears witness to some early breakthroughs in market automation. For Mayur Kapani that happened at the Philadelphia Stock Exchange in the mid-1990s: He wrote software that automated the printing of tickets directly from the trading floor, and he had a hand in migrating what is now the Nasdaq-owned PHLX options exchange to a hybrid electronic-human operation. After a decade in Philadelphia, where he rose to vice president of options development, Kapani moved in 2006 to Atlanta-based Intercontinental Exchange as a vice president of its futures exchange. Today, ICE owns seven futures exchanges, and Kapani, senior vice president of technology since 2013, has responsibility for all. Besides overseeing the global tech strategies of ICE and NYSE Group markets, the 47-year-old is involved in start-up businesses like the ICE Trade Vault data repositories and ICE Benchmark Administration, as well as the postmerger integrations of market data company Interactive Data Corp. and European energy-trading-systems provider Trayport. With IDC, which ICE bought for $5.2 billion in December, Kapani is working to accelerate the delivery of fixed-income prices via the Continuous Evaluated Pricing service. “Even for computation-heavy analytics and information [in fixed income], people want it in real time,” he notes. Kapani, who has a bachelor’s of technology degree from the Indian Institute of Technology, Kharagpur, says ICE is addressing blockchain in earnest this year. “Many other exchanges and financial institutions are hyped about the technology and looking at blockchain as a technology problem rather than a business problem first,” he says. “We’re looking at where the customer will see value and take that as a use case to implement, rather than the other way around.”


2016 Trading Technology 40

Sponsored

2016-03-trading-tech-40-ray-tiernery-thumb.png

1. Raymond Tierney III
Bloomberg

2016-03-trading-tech-40-richard-prager-thumb.png

2. Richard Prager
BlackRock

2016-03-trading-tech-40-chris-isaacson-thumb.png

3. Chris Isaacson
BATS Global Markets

2016-03-trading-tech-40-jonathan-ross-thumb.png

4. Jonathan Ross
KCG Holdings

2016-03-trading-tech-40-bradley-peterson-thumb.png

5. Bradley Peterson
Nasdaq

2016-03-trading-tech-40-brad-levy-thumb.png

6. Brad Levy
Markit

2016-03-trading-tech-40-dan-keegan-thumb.png

7. Dan Keegan
Citi

2016-03-trading-tech-40-ronald-depoalo-thumb.png

8. Ronald DePoalo
Fidelity Institutional

2016-03-trading-tech-40-raj-mahajan-thumb.png

9. Raj Mahajan
Goldman Sachs Group

2016-03-trading-tech-40-ari-studnitzer-thumb.png

10. Ari Studnitzer
CME Group

2016-03-trading-tech-40-mayur-kapani-thumb.png

11. Mayur Kapani
Intercontinental Exchange

2016-03-trading-tech-40-gerald-oconnell-thumb.png

12. Gerald O’Connell
CBOE Holdings

2016-03-trading-tech-40-nick-themelis-thumb.png

13. Nicholas Themelis
MarketAxess Holdings

2016-03-trading-tech-40-gil-mandelzis-thumb.png

14. Gil Mandelzis
EBS BrokerTec (ICAP)

2016-03-trading-tech-40-bill-chow-richard-leung-thumb.png

15. Bill Chow and Richard Leung
Hong Kong Exchanges and Clearing

2016-03-trading-tech-40-robert-park-thumb.png

16. Rob Park
IEX Group

2016-03-trading-tech-40-philip-weisberg-thumb.png

17. Philip Weisberg
Thomson Reuters

2016-03-trading-tech-40-mack-gill-thumb.png

18. John Mackay (Mack) Gill
MillenniumIT

2016-03-trading-tech-40-rob-cornish-thumb.png

19. Robert Cornish
International Securities Exchange

2016-03-trading-tech-40-paul-hamill-thumb.png

20. Paul Hamill
Citadel Securities

2016-03-trading-tech-40-eric-noll-thumb.png

21. Eric Noll
Convergex

2016-03-trading-tech-40-tyler-moeller-joshua-walsky-thumb.png

22. Tyler Moeller and Joshua Walsky
Broadway Technology

2016-03-trading-tech-40-rishi-nangalia-thumb.png

23. Rishi Nangalia
REDI Holdings

2016-03-trading-tech-40-veronica-augustsson-thumb.png

24. Veronica Augustsson
Cinnober Financial Technology

2016-03-trading-tech-40-alasdair-haynes-thumb.png

25. Alasdair Haynes
Aquis Exchange

2016-03-trading-tech-40-manoj-narang-thumb.png

26. Manoj Narang
Mana Partners

2016-03-trading-tech-40-gaurav-suri-thumb.png

27. Gaurav Suri
Arcesium

2016-03-trading-tech-40-robert-sloan-thumb.png

28. Robert Sloan
S3 Partners

2016-03-trading-tech-40-anton-katz-stephen-mock-thumb.png

29. Anton Katz and Stephen Mock
AQR Capital Mgmt

2016-03-trading-tech-40-stu-taylor-thumb.png

30. Stu Taylor
Algomi

2016-03-trading-tech-40-d-keith-ross-thumb.png

31. D. Keith Ross Jr.
PDQ Enterprises

2016-03-trading-tech-40-donal-byrne-thumb.png

32. Donal Byrne
Corvil

2016-03-trading-tech-40-alfred-eskandar-thumb.png

33. Alfred Eskandar
Portware

2016-03-trading-tech-40-r-cromwell-coulson-thumb.png

34. R. Cromwell Coulson
OTC Markets Group

2016-03-trading-tech-40-masayuki-hosaka-thumb.png

35. Masayuki Hosaka
Rakuten

2016-03-trading-tech-40-peter-maragos-david-karat-thumb.png

36. Peter Maragos and David Karat
Dash Financial

2016-03-trading-tech-40-amar-kuchinad-thumb.png

37. Amar Kuchinad
Electronifie

2016-03-trading-tech-40-jennifer-nayar-thumb.png

38. Jennifer Nayar
SR Labs

2016-03-trading-tech-40-dave-snowdon-thumb.png

39. Dave Snowdon
Metamako

2016-03-trading-tech-40-dan-raju-thumb.png

40. Dan Raju
Tradier


Related