BATS Global Markets Names Chris Concannon as its Executive VP
- BATS Global Markets has appointed Chris Concannon as its newest Executive Vice President, transaction services, having ascended to the Executive committee in his new role after a lengthy tenure at Nasdaq.
BATS Global Markets has appointed Chris Concannon as its newest Executive Vice President, transaction services, having ascended to the Executive committee in his new role after a lengthy tenure at Nasdaq.
In his new role at BATS, Mr. Concannon will be based out of New York, where he will report to Joe Ratterman, the CEO of BATS Global Markets. Previously, Mr. Concannon served as the President and COO at Virtu Financial for five years, specializes in Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term to a variety of asset classes including equities, fixed income, commodities, and FX. Prior to this he worked for six years at Nasdaq.
According to Mr. Concannon in a recent statement on the appointment, “BATS is very excited to welcome a well-established strategic leader like Chris, someone who has spent the past 15 years as an advocate in reshaping - and improving - U.S. market structure. At a pivotal time for the global trading industry, his unparalleled track record as an 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 executive, trading customer and regulator brings a unique perspective to our firm. Chris fits our culture perfectly and I look forward to working with him as we continue to execute on our mission of making markets better.”
“I am very excited about the opportunity to join a global market leader like BATS and an organization of dedicated and talented professionals. The opportunity ahead for BATS is clear and vast and will be built off of the company’s successes in the US and European markets,” added Mr. Concannon.
BATS Global Markets has appointed Chris Concannon as its newest Executive Vice President, transaction services, having ascended to the Executive committee in his new role after a lengthy tenure at Nasdaq.
In his new role at BATS, Mr. Concannon will be based out of New York, where he will report to Joe Ratterman, the CEO of BATS Global Markets. Previously, Mr. Concannon served as the President and COO at Virtu Financial for five years, specializes in Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term to a variety of asset classes including equities, fixed income, commodities, and FX. Prior to this he worked for six years at Nasdaq.
According to Mr. Concannon in a recent statement on the appointment, “BATS is very excited to welcome a well-established strategic leader like Chris, someone who has spent the past 15 years as an advocate in reshaping - and improving - U.S. market structure. At a pivotal time for the global trading industry, his unparalleled track record as an 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 executive, trading customer and regulator brings a unique perspective to our firm. Chris fits our culture perfectly and I look forward to working with him as we continue to execute on our mission of making markets better.”
“I am very excited about the opportunity to join a global market leader like BATS and an organization of dedicated and talented professionals. The opportunity ahead for BATS is clear and vast and will be built off of the company’s successes in the US and European markets,” added Mr. Concannon.