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The 2015 Trading Technology 40: Gerald O’Connell

#12 Gerald O’Connell, Chief Information Officer, CBOE Holdings

12
Gerald O’Connell
Chief Information Officer
CBOE Holdings

It takes a steady hand to keep the engines running for exchanges that thrive on volatility. For the Chicago Board Options Exchange and other venues under the CBOE Holdings umbrella, Gerald O’Connell has been just that for a generation (the human, not the computer, kind). Defying survey data that places the average job tenure of chief information officers somewhere between four and six years, O’Connell has been executive vice president and CIO of the leading U.S. options exchange operator since 1993. It’s been more than 30 years, all told, since the John Marshall Law School graduate brought his programming and management talents to CBOE from Hyatt Hotels Corp. “I’ve seen a lot of changes in the industry over that time period,” the 63-year-old reflects. These days CBOE is “very much involved in competition for order flow.” Last June, playing to a growing global audience, the company extended trading hours for futures on its popular Volatility Index (VIX) to 23 hours and 45 minutes a day, five days a week. Plans are to bring S&P 500 index options and VIX options to round-the-clock trading this year, and other proprietary products may follow. “What’s driving that is demand from Europe and Asia,” O’Connell says. “We want that volume, and we are making trading available to those participants in their time zones.”

See also O'Connell's profiles in the 2013 Trading Technology 40, the 2012 Trading Technology 30 and the 2012 Tech 50.

The 2015 Trading Technology 40

1
2
3
4
5
Kevin Kometer
CME Group
Richard Prager
BlackRock
Raymond Tierney III
Bloomberg Tradebook
Jonathan Ross
KCG Holdings
Charles Vice
Intercontinental Exchange
6
7
8
9
10
Chris Isaacson
BATS Global Markets
Bradley Peterson
Nasdaq OMX Group
Brad Levy
MarkitSERV
Dan Keegan
Citi
Ronald DePoalo
Fidelity Institutional
11
12
13
14
15
Gerard Beatty
Goldman Sachs Group
Gerald O'Connell
CBOE Holdings
Brenda Hoffman
TMX Group
Billy Hult
Tradeweb Markets
Nicholas Themelis
MarketAxess Holdings
16
17
18
19
20
Bina Kalola
Bank of America Merrill Lynch
Gil Mandelzis
EBS-BrokerTec (ICAP)
Steven Randich
Financial Industry Regulatory Authority
Jerry Dobner
GFI Group
Michael Liberman
BlueMountain Capital Management
21
22
23
24
25
Bill Chow and Richard Leung
Hong Kong Exchanges and Clearing
Jamie Selway
Investment Technology Group
Brad Katsuyama
IEX Group
John Mackay (Mack) Gill
MillenniumIT
Jamil Nazarali
Citadel Execution Services
26
27
28
29
30
Robert Cornish
International Securities Exchange
Tyler Moeller andJoshua Walksy
Broadway Technology
Rishi Nangalia
REDI Holdings
Manoj Narang
Tradeworx,
Thesys Technologies
Oki Matsumoto
Monex Group
31
32
33
34
35
Alasdair Haynes
Aquis Exchange
Veronica Augustsson
Cinnober Financial Technology
Stu Taylor
Algomi
Luís Otávio Saliba Furtado
BM&FBovespa
Tal Cohen
Chi-X Global Holdings
36
37
38
39
40
Donal Byrne
Corvil
R. Cromwell Coulson
OTC Markets Group
Alfred Eskandar
Portware
Richard Korhammer
SR Labs
Hazem Dawani
OptionsCity Software


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