ADVFN - Advanced Financial Network.
HOME» NASDAQ » N » NDAQ Stock Price » NDAQ Stock News

Nasdaq Stock Market Share News

 The Nasdaq Omx Grp. (mm) Stock Price
NDAQ Stock Price
 The Nasdaq Omx Grp. (mm) Stock Chart
NDAQ Stock Chart
 The Nasdaq Omx Grp. (mm) Stock News
NDAQ Stock News
 The Nasdaq Omx Grp. (mm) Company Information
NDAQ Company Information
 The Nasdaq Omx Grp. (mm) Stock Trades
NDAQ Stock Trades

STREET MOVES: Technology Chief Departs Trading Firm Getco

By Jacob Bunge CHICAGO--The chief technology officer of Getco LLC has departed the electronic trading company amid an expansion plan outlined by the firm's new chief executive, focused on developing new businesses. Michael Rauchman had served as Getco's chief technology officer since 2010 and previously led trading operations in stocks and currencies since joining the high-frequency market maker in 2001. Chicago-based Getco ranks among the biggest participants on exchanges and trading venues around the world, numbering among the top-five traders by volume on platforms run by CME Group Inc. (CME), NYSE Euronext (NYX), Nasdaq OMX Group Inc. (NDAQ) and Deutsche Boerse AG (DB1.XE, DBOEF). The company relies on computer models to make two-sided markets, buying and selling securities and earning profits on the price spread. A spokeswoman for Getco confirmed Mr. Rauchman's departure, and said that the firm is considering candidates for the chief technologist role. Mr. Rauchman left Getco following a leadership change in late February that saw Daniel Coleman, previously head of equities trading and client services, take over as CEO from co-founders Stephen Schuler and Dan Tierney, who moved into senior leadership roles at the 13-year-old company. Since joining Getco from UBS AG (UBS) in 2010, Mr. Coleman has led a push to sell trading services and technology to mutual funds and other institutions, a new arena for Getco. The fast-trading firm is also broadening the way it trades, holding securities for longer periods and managing a greater level of risk than it has in the past. Prior to the chief technology officer post, Mr. Rauchman was co-head of U.S. equity trading for about a year and also led Getco's push into foreign-exchange markets in 2005. Write to Jacob Bunge at jacob.bunge@dowjones.com

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
12/06/201601:40:00Asian Shares Broadly Up, Tracking U.S. Gains
12/05/201617:37:46Statement of Changes in Beneficial Ownership (4)
12/05/201612:40:00Hotel-Search Firm Plans IPO of Up to $428 Million
12/05/201611:00:00Nasdaq President and COO and Incoming CEO Adena Friedman to Present...
12/05/201610:02:16FOX Sports to Ring The Nasdaq Stock Market Opening Bell
12/05/201610:00:00Corbus Pharmaceuticals Holdings, Inc. (Nasdaq: CRBP) to Ring...
12/02/201611:30:00Judge Grills Futures Trader on 'Suckers' Email
12/02/201610:00:00Paragon Commercial Corporation (Nasdaq: PBNC) to Ring The Nasdaq...
12/02/201610:00:00Republic First Bancorp, Inc. (Nasdaq: FRBK) to Ring The Nasdaq...
12/01/201622:30:00Asian Shares Drop as Trump Effect Fades
12/01/201617:00:59Statement of Changes in Beneficial Ownership (4)
12/01/201612:45:18Rock The Street, Wall Street to Ring The Nasdaq Stock Market...
12/01/201610:00:00Neurocrine Biosciences (Nasdaq: NBIX) to Ring The Nasdaq Stock...
11/30/201614:43:23Deloitte Technology Fast 500 to Ring The Nasdaq Stock Market...
11/30/201610:10:48Stora Enso OYJ (Nasdaq Helsinki: STEAV, STERV) to Ring The Nasdaq...
11/29/201610:29:22TheStreet, Inc. (Nasdaq: TST) and EY to Ring The Nasdaq Stock...
11/29/201610:00:00Jack Henry & Associates, Inc. (Nasdaq: JKHY) to Ring The Nasdaq...
11/28/201615:20:22Nasdaq Scheduled Resumption in Globus Maritime Limited
11/28/201614:09:54Nasdaq Halts Globus Maritime Limited
11/28/201610:00:28Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq...

Nasdaq Stock Market and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US