National Stock Exchange (NSX) today announced the appointment of Shane Swanson as an At-Large Director on the National Stock Exchange Board.
He was also appointed to the Board of NSX Holdings, the Exchange's parent company.
Mr. Swanson, a Managing Director in Citi Market & Banking's Equities business, replaces Matthew Newton, also from Citi, who is stepping down from both NSX Boards.
Previously, Mr. Swanson was Director of Compliance at Automated Trading Desk, LLC. In that position, Mr. Swanson was responsible for overseeing the implementation of trading rules into ATD's complex trading systems. He was actively involved in business development, contract negotiations and public commentary on rule proposals and at industry events. Before becoming Director of Compliance, he spent a spent a significant amount of time on the trade desk, learning trading and ATD's systems from the ground up. Citi acquired ATD in 2007 to operate as a part of Citi's Global Equities business.
"NSX welcomes Shane and the knowledge of trading, systems and compliance he brings to our Boards," said Joseph Rizzello, NSX Chief Executive Officer and Chairman of NSX Holdings, Inc. "His hands-on experience will provide valuable insight to NSX as we continue to execute our new business plan."
Before joining ATD, Mr. Swanson was in private practice at the law firm Buist Moore Smythe McGee P.A. from 1997 to 1999 and, before that, at Grimball & Cabaniss, LLC. from 1995 to 1997. He earned his Juris Doctor (JD), cum laude, from the University of South Carolina's School of Law, after graduating magna cum laude from the University of South Carolina's Honors College. Mr. Swanson is a member of the American, South Carolina and Charleston County Bar Associations and is co-chair of the Securities Traders Association Compliance Committee.