This content is from: Research

The 2014 Tech 50: Daniel Coleman

13
Daniel Coleman
Chief ExecutiveOfficer
KCG Holdings

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

Related Content