GETCO, a leading global market maker, announced today that Jon Ross has been appointed Chief Technology Officer. Mr. Ross will oversee GETCO´s strategic technology platform and the development of the company´s suite of trading technology and execution services products. He will be based out of the firm´s Chicago headquarters.
Commenting on the appointment, Daniel Coleman, chief executive officer of GETCO said, "Jon´s deep understanding of modern market structure provides valuable insights into the challenges and opportunities facing investors as they seek optimal trading and execution experiences in a complex global market place. His combination of trading, exchange and client services experiences make him uniquely well-suited to lead GETCO´s global technology initiatives moving forward."
"I was initially drawn to GETCO because of the firm´s deep commitment to developing market driven, technology focused solutions for investor´s trading and execution challenges," Mr. Ross added. "I look forward to working with the team to create better ways for investors to transfer risk."
Prior to this appointment, Mr. Ross was the head of GETCO Executive Services (GES) in Europe and oversaw order management, execution and technology solutions for the company´s European clients. He also led the creation of GES´s European offering in 2010 after launching the U.S. business in 2007. Previously, Mr. Ross served as the CTO of the NASDAQ Stock Market and Inet ATS, Inc. and held technology leadership roles at Microsoft, Island and Instinet.
GETCO´s other recent executive appointments included naming Robert Smith to head of Europe and Farid Moslehi to head of Asia.
About GETCO:
Founded in 1999, GETCO is a leading global market maker with over 400 Associates located in Chicago, New York, Palo Alto, London, Singapore and Hong Kong. The firm´s primary business involves both buying and selling securities to provide two-sided markets on exchanges around the world. The liquidity GETCO supplies allows investors to immediately transfer securities positions while saving money on trading costs. In addition, the firm provides customers with algorithmic, routing and execution services through its client services arm, GETCO Execution Services.
