Trading Technologies International Inc, a Chicago based provider of derivative trading software and exchange solution for professional traders recently revealed in an announcement that it has hired two new executives to serve in senior level leadership roles. As per the statement released by the firm, the firm has hired Mr. Russ Cotton and Mr. Craig Mohan to serve in roles of Chief Operating Officer and Chief Growth Officer respectively. The incoming COO is a former executive of Intercontinental exchange also known as ICE, the parent firm of New York Stock Exchange, where he had been serving for the past twelve and a half years. He joined ICE in March of 2007 as Manager of Systems Operations and was promoted thrice during his decade long tenure at the firm. At time of resignation from the ICE, he had been serving as Vice President of Operations, a role which he had held for last four and a half years. However, this was not his first rodeo at ICE as he had served at the firm as a Senior Technician of Network Operations team for three years earlier in his career.
He has also served as Integration Engineer at Morgan Stanley for two years and as Network Planning Analyst/Systems Administrator at CQG, a IT firm which provides trading solutions and data services for financial service industry. In his new role as Chief Operating Officer, Mr. Cotton is responsible for ensuring that Trading Technologies platform remains stable, managing site reliability engineering and global support teams and he is also in charge of overseeing global operations, securities and IT organisations inside the firm. Meanwhile, the incoming Chief Growth Officer – Craig Mohan, who joins alongside Mr. Cotton was most recently serving as Managing Director of Market Technology and Data Services at CME group for last nine years. He has also held senior level management and leadership roles at Citadel Investment Group, Blue Meteor Inc, ShopperTrak RCT and Accenture during his multi-decade long career. As Chief Growth Officer, Mr. Mohan is responsible for ensuring the company’s steady and continuous growth with special focus on product and business development for data and infrastructure products and services. The statement also mentioned that the addition of two new executives to its senior level leadership team comes at time when the firm is rapidly expanding into new markets by connecting to traditional international exchanges across the globe and major cryptocurrency exchanges.
Speaking about the appointment of two new executives at the firm, Rick Lane, Chairman and CEO of Trading Technologies said, “For nearly two decades, Russ has built a track record of maintaining operational stability for some of the world’s most valuable systems. We’ll be relying on his experience as we migrate the remainder of our user base to the TT platform and continue to evolve our offering in the years to come. As we look to leverage the technology investment we’ve made to launch innovative data and infrastructure solutions in 2020, Craig’s experience running the market data and platform businesses at CME will be invaluable”. It should be noted that just earlier this month, Moscow Exchange – Russia’s largest exchange group announced in an official statement that it has partnered with Trading Technologies in order to launch traders in derivatives via the latter’s platform. As part of this agreement, clients of TTI will now be able to use its full suite of tools including automated and mobile trading to trade all of the products listed on MOEX’s derivatives markets including F&O contracts on currency pairs especially – USD/RUB contract, indices, precious metals and energy products.