NASDAQ Appoints Global Head of Equities

NASDAQ OMX Group has promoted Thomas Wittman to executive vice president, global head of equities, where he will oversee the global cash equities and equity derivatives businesses.
By Jake Safane(2147484770)
NASDAQ OMX Group has promoted Thomas Wittman to executive vice president, global head of equities, where he will oversee the global cash equities and equity derivatives businesses.

Wittman will report directly to Hans-Ole Jochumsen, president, Global Trading & Market Services, NASDAQ OMX, who was recently appointed to that position. Previously, Wittman served as senior vice president, head of U.S. Equities and Derivatives and president of NASDAQ OMX PHLX, where was responsible for the management and operations of NASDAQ OMX’s three U.S. equities markets, three U.S. options markets and the futures market. Wittman led the transition of the NASDAQ OMX PHLX platform from an open outcry, floor-based specialist system to an electronic, hybrid system. He also led the development of the NASDAQ Options Market and the launch of NASDAQ OMX BX Options. He came to the company in 2008 by way of the acquisition of PHLX, formerly The Philadelphia Stock Exchange.

“Tom has been instrumental in shaping the strategy and focus that have allowed us to maintain our strong market share position in U.S. cash equities and grow our U.S. equity derivatives markets to the leading position,” says Jochumsen. “With Tom now taking on this global responsibility, we have the best possible leadership to integrate all our cash equities and equity derivatives businesses, providing more trading opportunities to our customers.”

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