Capital markets technology provider MayStreet, a New York-based developer of market data and order-entry software, along with other trading products used by brokerages, has today announced the appointment of David Streltsoff as Head of Business Development. He joins the firm’s senior management team as a member, according to the company’s press release.
Streltsoff was previously a director at Citadel LLC in San Francisco, focused on enterprise sales and marketing of agency trading tools including algorithmic based trading solutions, and had a number of responsibilities across the company’s sales and client relationship facing business lines.
Before Citadel, Streltsoff was a director of Knight Capital’s KnightDirect unit, part of the KCG Holdings in New Jersey, also responsible for algorithmic trading tools sales and transaction cost analysis as part of selling to direct market access (DMA) clients, as well as agency program trading solutions. Prior to Knight Capital, he was director of sales and marketing and financial research at Forst & Sullivan in New York, according to the biography description in the press release.
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Streltsoff said in the announcement: “I’m looking forward to bringing a different perspective to my past client contacts and future prospects. At MayStreet, that means delivering advanced analytics through high-precision, high-quality data to provide transparency to once and for all answer the question, ‘what just happened to my order and why’.”
The company highlighted its growth, as an emerging tech provider, and said it doubled its buy-side customer base in 2015, and is targeting banks and exchanges in the current year, and which the company aims to achieve with the help of the new management addition. The news follows a number of job cuts that Citadel implemented just last week, as reported by Finance Magnates.