< Wall Street’s Nerds: The World’s Most Powerful Trading Executives
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 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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