[ad_1]
NEW YORK–(BUSINESS WIRE) – IEX Group, Inc. announced two executive appointments, Joseph (Joe) Hipps
and Prerak Sanghvi, to capitalize on strategic growth opportunities
out of the core business of the company.
Mr. Hipps has been hired to develop the new independent IEX group analysis system
business. Previously, he was responsible for customer service and support at Trade
IT, provider of data analysis trading and systematic trading
solutions.
"The trust and credibility that IEX has gained from the institutions
the investor community is unprecedented, and I am pleased to contribute to the
unique business that can help investors and brokers navigate
extremely complicated markets, "said Mr. Hipps." I look forward to
help investors realize the full potential and value of Big Data. "
Mr. Sanghvi, one of the first employees of the IEX group and a key member of the
the technology team, has been promoted to Chief Technology Ventures. In
this newly created role he will be responsible for the technology fueling
foreign exchange activities, including the analytical activity led by Mr.
Hipps. Before joining IEX, Mr. Sanghvi was the head of the electronic service
Trading technology at RBC Capital Markets.
"Our scalable, robust and resilient systems currently handle more than 1
billions of messages a day in a highly regulated and highly interconnected environment
market, "said Mr Sanghvi. "I can not wait to find new ones
high impact applications for our systems and using our experience
build a stock exchange to develop new technological solutions in and
outside finance. "
"The credibility, expertise and technology we built at IEX have the
business transformation potential far beyond the stock market ", said
Co-founder and president of IEX, Ronan Ryan. "Joe and Prerak have the right
experience and vision to broaden the scope of the IEX group and execute it
new ways to create more equitable markets. "
Mr. Hipps started in October and reports to Mr. Ryan. Mr. Sanghvi begins
his new role takes effect immediately and will continue to report to Rob
Park, co-founder and chief technology officer of IEX.
About IEX Group, Inc.
The IEX Group's mission is to create more equitable markets. Founded in 2012 and
Headquartered in New York, IEX Group has introduced its first trading system
took place in 2013 and launched Investors Exchange (IEX), an independent agency
US stock market, in 2016. IEX exceeded 3.3% of the intraday market share
in the United States on November 1, 2018, and averaged about $ 11.
billions of US shares a day for the month of October. IEX
presented its first public company, Interactive Brokers, on October 5
2018. Learn more about iextrading.com.
Source link
