This content is from: Research

The 2014 Tech 50: Joe Ratterman

16
Joe Ratterman
Chief Executive Officer
BATS Global Markets
Last year: 22

The New York Stock Exchange and the Nasdaq Stock Market long stood alone atop the equity-markets-volume league table. Since the January 31 merger of BATS Global Markets and Direct Edge Holdings, the perennial leaders have company — a relative upstart that can equal or exceed their numbers on a given day. Still, the “consolidated organization with a single technology platform and data center” that is the goal of BATS chief executive Joe Ratterman is a work in progress. “We’ve been in full-steam mode with regard to defining the specifications, getting our data center strategy complete and communicating” all of that to customers, says Ratterman, referring to a plan to complete the technical integration of the company’s four U.S. stock exchanges and BATS Options on an Equinix facility in New Jersey early next year. It’s been a meteoric rise for Ratterman, a co-founder of BATS, which launched as an alternative trading system in 2005. CEO since 2007, the year before BATS became a full-fledged exchange, the 48-year-old has suffered through growing pains, notably the March 2012 technical breakdown that forced the cancellation of the Lenexa, Kansas–based company’s own IPO. But in May, BATS’s share of U.S. equities was 20.1 percent, BATS Chi-X Europe topped pan-European trading at 20.6 percent, and the latter’s BXTR trade reporting system set records.

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