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The 2017 Trading Tech 40: Alasdair Haynes

  • By Peter Vasiliev

22. Alasdair Haynes
Chief Executive Officer
Aquis Exchange
Last year: 25

For Aquis Exchange, launched in 2013 as a pan-European challenger to leading incumbents such as Bats Global Markets and London Stock Exchange Group, 2016 was a "transformational year," says CEO Alasdair Haynes. London-based Aquis, which had differentiated itself from the start with subscription pricing, in February 2016 imposed a rule prohibiting "aggressive, non-client proprietary trading." That contributed to a surge in the exchange's average daily value — 79 percent year-over-year in October — with market shares in some top stocks exceeding 6 percent.

"It takes three to four years to get these businesses going," says Haynes, 57, who was CEO of Chi-X Europe before Bats acquired it in 2011. He has formed a separate division for Aquis Technologies. Its turnkey exchange system has been bought by the A2X market in South Africa, and Haynes says that its real-time trade and order surveillance system is meeting healthy demand from organizations coping with the European Market Abuse Regulation and MiFID (Markets in Financial Instruments Directive) II.


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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