< Wall Street's Nerds: The World's Most Powerful Trading Executives
29. Stu Taylor
Chief Executive Officer
Algomi
Last year: 30
Co-founded in London in 2012 by CEO Stu Taylor, formerly of UBS's fixed-income business, Algomi in 2015 introduced Honeycomb, a network for aggregating data and facilitating trades in the bond market. By September 2016 more than 200 buy-side firms had signed on to Honeycomb, connecting to 15 global banks with more than 10,000 indications of interest averaging $7 million. Further validation came in November when Euronext announced it would rely on Algomi's technology in a new multilateral trading facility. Their ten-year joint venture, capitalized by Euronext with $2.3 million, "is evidence of the commitment by both sides to improving the European corporate bond market," Taylor, 44, says.
On March 3, Euronext announced a deepening of the relationship with a $10 million strategic stake in Algomi and plans for North America and Asia-Pacific expansion. "The initiative will allow us to bring Algomi's unique bond information network to new parts of the credit market," Taylor says.
The 2017 Trading Tech 40
1.Richard Prager BlackRock 2. Chris Isaacson Bats Global Markets 3. Bradley Peterson Nasdaq 4. Brad Levy MarkitSERV 5. Dan Keegan Citi |
6. Glenn Lesko Bloomberg Tradebook 7. Bryan Durkin CME Group 8. Mayur Kapani Intercontinental Exchange 9. Mike Blum KCG Holdings 10. Raj Mahajan Goldman Sachs Group |
11. Ronald DePoalo Fidelity Institutional 12. Nick Themelis MarketAxess Holdings 13. Jenny Knott NEX Optimisation 14. Billy Hult Tradeweb Markets 15. Rob Park IEX Group |
16. Bill Chow & Richard Leung Hong Kong Exchanges and Clearing 17. John Mackay (Mack) Gill MillenniumIT 18. Paul Hamill Citadel Securities 19. Eric Noll Convergex 20. Veronica Augustsson Cinnober Financial Technology |
21. Tyler Moeller & Joshua Walsky Broadway Technology 22. Alasdair Haynes Aquis Exchange 23. Gaurav Suri Arcesium 24. Manoj Narang Mana Partners 25. Michael Chin & Neill Penney Thomson Reuters |
26. Robert Sloan S3 Partners 27. Anton Katz & Stephen Mock AQR Capital Management 28. Donal Byrne Corvil 29. Stu Taylor Algomi 30. Alfred Eskandar Portware |
31. Steven Randich Financial Industry Regulatory Authority 32. R. Cromwell Coulson OTC Markets Group 33. Peter Maragos Dash Financial 34. John Fawcett Quantopian 35. Donald Ross III PDQ Enterprises |
36. Jennifer Nayar Vela Trading Technologies 37. Dan Raju Tradier 38. Susan Estes OpenDoor Trading 39. David Mercer LMAX Exchange 40. Oki Matsumoto Monex Group |
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