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The 2017 Trading Tech 40: Raj Mahajan

10. Raj Mahajan
Co-head of Global Execution Services
Goldman Sachs Group
Last year: 9

Two years ago Raj Mahajan came into Goldman Sachs Group as a partner. That was a sign of the firm's regard for Mahajan and his trading technology background as he took on the role of global head of equities electronic execution services. A year ago he was named co-head of global execution services; he told Reuters at the time that "simply put, we want to deliver the best execution quality to our clients, which is tantamount to saying we need the best technology."

Mahajan, 44, had worked as an analyst at Goldman early in his career, and he returned as a successful technologist and entrepreneur. In 2000 he co-founded — with former Goldman chief information officer and now CFO-designate R. Martin Chavez — Kiodex, a developer of commodity-trading systems. SunGard Data Systems bought the start-up in 2004, and Mahajan went with it, rising over eight years with SunGard to president of its global trading business. In 2012 he became CEO of Allston Trading, a high frequency firm based in Chicago. When Goldman hired him and brought him back to New York in 2015, it described him in a memo as "bringing extensive experience in electronic trading, market structure, technology, and entrepreneurship to our rapidly growing electronic execution franchise. He will be responsible for delivering innovative electronic execution solutions to global clients across equity products worldwide."

The 2017 Trading Tech 40
1. Richard Prager
2. Chris Isaacson
Bats Global Markets
3. Bradley Peterson
4. Brad Levy
5. Dan Keegan
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
18. Paul Hamill
Citadel Securities
19. Eric Noll
20. Veronica Augustsson
Cinnober Financial Technology
21. Tyler Moeller & Joshua Walsky
Broadway Technology
22. Alasdair Haynes
Aquis Exchange
23. Gaurav Suri
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
29. Stu Taylor
30. Alfred Eskandar
31. Steven Randich
Financial Industry Regulatory Authority
32. R. Cromwell Coulson
OTC Markets Group
33. Peter Maragos
Dash Financial
34. John Fawcett
35. Donald
Ross III
PDQ Enterprises
36. Jennifer Nayar
Vela Trading Technologies
37. Dan Raju
38. Susan Estes
OpenDoor Trading
39. David Mercer
LMAX Exchange
40. Oki Matsumoto
Monex Group

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