< Wall Street’s Nerds: The World’s Most Powerful Trading Executives
29. Stu Taylor
Chief Executive Officer
Algomi
Last year: 30
Co-founded in London in 2012 by CEO Stu Taylor, formerly of UBS’s fixed-income business, Algomi in 2015 introduced Honeycomb, a network for aggregating data and facilitating trades in the bond market. By September 2016 more than 200 buy-side firms had signed on to Honeycomb, connecting to 15 global banks with more than 10,000 indications of interest averaging $7 million. Further validation came in November when Euronext announced it would rely on Algomi’s technology in a new multilateral trading facility. Their ten-year joint venture, capitalized by Euronext with $2.3 million, “is evidence of the commitment by both sides to improving the European corporate bond market,” Taylor, 44, says.
On March 3, Euronext announced a deepening of the relationship with a $10 million strategic stake in Algomi and plans for North America and Asia-Pacific expansion. “The initiative will allow us to bring Algomi’s unique bond information network to new parts of the credit market,” Taylor says.
The 2017 Trading Tech 40
1. Richard Prager 2. Chris Isaacson 3. Bradley Peterson 4. Brad Levy 5. Dan Keegan |
6. Glenn Lesko 7. Bryan Durkin 8. Mayur Kapani 9. Mike Blum 10. Raj Mahajan |
11. Ronald DePoalo 12. Nick Themelis 13. Jenny Knott 14. Billy Hult 15. Rob Park |
16. Bill Chow & Richard Leung 17. John Mackay (Mack) Gill 18. Paul Hamill 19. Eric Noll 20. Veronica Augustsson |
21. Tyler Moeller & Joshua Walsky 22. Alasdair Haynes 23. Gaurav Suri 24. Manoj Narang 25. Michael Chin & Neill Penney |
26. Robert Sloan 27. Anton Katz & Stephen Mock 28. Donal Byrne 29. Stu Taylor 30. Alfred Eskandar |
31. Steven Randich 32. R. Cromwell Coulson 33. Peter Maragos 34. John Fawcett 35. Donald |
36. Jennifer Nayar 37. Dan Raju 38. Susan Estes 39. David Mercer 40. Oki Matsumoto |
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