Chris Concannon Leaves CBOE to Pursue New Opportunities

The COO of CBOE Global Markets Chris Concannon is leaving the company. The former CEO of BATS who took over from Joe Ratterman in 2015 is leaving the firm to pursue other opportunities. The news was announced in an official press release from the Chicago-headquartered derivatives Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term.

Chris Concannon was instrumental for BATS’ Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term of Hotspot FX. His vast experience in the industry is raising a lot of questions about his plans. The former BATS CEO and CBOE COO was instrumental for the public listing of the exchange in 2016 and the subsequent sale of the company.

Before joining the CBOE and BATS, Concannon served as president and COO of Virtu Financial. His position at the proprietary trading firm famous with its high-frequency trading strategies was preceded by a six-year tenure at NASDAQ OMX, where he was executive vice president of Transaction Services U.S.