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The 2017 Trading Tech 40: Tyler Moeller and Joshua Walsky

  • By Peter Vasiliev


21. Tyler Moeller & Joshua Walsky
Chief Executive
Officer &
Chief Technology Officer
Broadway Technology
Last year: 22

Broadway Technology has the look and feel of a Silicon Valley start-up. In fact, it is 14 years old and headquartered on lower Broadway in Manhattan. Its staff's growing head count — to 130 from 100 a year ago — is a fair indication of how business is going. "We started work on seven deals in the second half of 2016, the most simultaneous implementations we've ever had," says CEO Tyler Moeller, 41. He and co-founder and CTO Joshua Walsky, 40, brought to Wall Street a system called TOC, which had already been proven in a proprietary trading environment. Initially, below the proverbial radar, Broadway attracted top-tier banks that were then bulking up in fixed-income trading. An equity investment by Goldman Sachs Group in 2011 brought Broadway out of the shadows.

While TOC has been upgraded significantly over the years, its fundamentally flexible architecture has enabled it to handle growing volumes and multiple functions across asset classes and to serve as a platform for innovation. Moeller says that "foreign exchange is a big driver now," along with regulatory requirements like Europe's MiFID II and its accompanying data and reporting burdens. "We see continued growth in the analytical tools we supply, as well as the tools that our users create to differentiate themselves in the marketplace," Walsky says. Broadway is offering a new way of accessing the system, via a web interface. Explains Walsky, "The core platform is the same; this is a new medium for data dissemination and interaction."


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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