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The 2017 Trading Tech 40: Dan Raju

< Wall Street's Nerds: The World's Most Powerful Trading Executives37. Dan RajuExecutive Chair and Chief Information OfficerTradierLast year: 40

Application programming interfaces (APIs) have become popular vehicles for reducing the time and resources required to bring innovative financial products to market. Tradier, co-founded in 2013 by Dan Raju, calls itself "the first brokerage API company." More than 100 companies and thousands of developers are using the "brokerage as a platform," with support from Charlotte, North Carolina–based Tradier Brokerage, to assemble and deliver data and trading tools for financial clients. Tradier slashes years off traditional development time frames, enabling trading platforms and digital advisers to be launched in weeks or months, says Raju, 42. According to a testimonial from Dan Schleifer, CEO of ChartIQ, "Integrating Tradier's API into our mobile charting platform was a breeze." Raju adds that execution and custody costs in the Tradier API cloud are one third the market rate.

A former head of global technology infrastructure and operations at the Associated Press and chief information officer of online brokerage TradeKing (now part of Ally Financial), Raju is currently executive chair and CIO of Tradier. In June 2016 he handed the CEO title to Stephen Ehrlich, who was founder and CEO of Lightspeed Financial and previously CEO of the E-Trade Professional Trading Group, to lead Tradier through a global expansion stage.


 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