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The 2017 Trading Tech 40: Raj Mahajan

< Wall Street's Nerds: The World's Most Powerful Trading Executives10. Raj MahajanCo-head of Global Execution ServicesGoldman Sachs GroupLast 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 40Click below to view profiles
1. Richard PragerBlackRock2. Chris IsaacsonBats Global Markets3. Bradley PetersonNasdaq4. Brad LevyMarkitSERV5. Dan KeeganCiti
6. Glenn LeskoBloomberg Tradebook7. Bryan DurkinCME Group8. Mayur KapaniIntercontinental Exchange9. Mike BlumKCG Holdings10. Raj MahajanGoldman Sachs Group
11. Ronald DePoaloFidelity Institutional12. Nick ThemelisMarketAxess Holdings13. Jenny KnottNEX Optimisation14. Billy HultTradeweb Markets15. Rob ParkIEX Group
16. Bill Chow & Richard LeungHong Kong Exchanges and Clearing17. John Mackay (Mack) GillMillenniumIT18. Paul HamillCitadel Securities19. Eric NollConvergex20. Veronica AugustssonCinnober Financial Technology
21. Tyler Moeller & Joshua WalskyBroadway Technology22. Alasdair HaynesAquis Exchange23. Gaurav SuriArcesium24. Manoj NarangMana Partners25. Michael Chin & Neill PenneyThomson Reuters
26. Robert SloanS3 Partners27. Anton Katz & Stephen MockAQR Capital Management28. Donal ByrneCorvil29. Stu TaylorAlgomi30. Alfred EskandarPortware
31. Steven RandichFinancial Industry Regulatory Authority32. R. Cromwell CoulsonOTC Markets Group33. Peter MaragosDash Financial34. John FawcettQuantopian35. Donald
Ross III
PDQ Enterprises
36. Jennifer NayarVela Trading Technologies37. Dan RajuTradier38. Susan EstesOpenDoor Trading39. David MercerLMAX Exchange40. Oki MatsumotoMonex Group