Nasdaq OMX names Finzi head, US equities for transaction services business

Source: Nasdaq OMX

The Nasdaq OMX Group, Inc. (Nasdaq:NDAQ) today announced that Michel Finzi has been appointed as Senior Vice President and Head of U.S. Equities of Nasdaq OMX Transaction Services.

Mr. Finzi will join NASDAQ OMX later this summer and report to Eric Noll, Executive Vice President of NASDAQ OMX Transaction Services U.S. and U.K.

Mr. Finzi will be responsible for leading the strategic direction, sales efforts and market operations for NASDAQ OMX's three U.S. equity exchanges; The NASDAQ Stock Market, NASDAQ OMX BX and NASDAQ OMX PSX, as well as the sales efforts for the exchange group's two U.S. options exchanges; NASDAQ OMX PHLX and The NASDAQ Options Market. He will also operate and manage NASDAQ's Access Services data center ports and membership, co-location offerings and The FINRA/NASDAQ Trade Reporting FacilityTM. Mr. Finzi will drive innovative product development in equities and other asset classes to create new ways to leverage the exchange group's low-latency INET technology and leadership in operating transparent and liquid markets.

"Michel has more than 23 years of experience in global brokerage, trading technologies and electronic trading which will be instrumental as he leads our U.S. Equity efforts," said Eric Noll, Executive Vice President of NASDAQ OMX. "We intend to leverage Michel's background in multi-asset class trading platforms, sales and client management experience and electronic communication networks to continue to make NASDAQ OMX the premier liquidity venue servicing all market participants and investors."

Mr. Finzi joins NASDAQ OMX from ConvergEx RealTick, where he spent more than four years serving as Managing Director and Global Head of Business Development and as a member of the senior management team. Mr. Finzi was responsible for leading the sales and marketing efforts to buy-side, sell-side and active trading clients as well as helping to shape the company's product development strategy. Mr. Finzi started his career in 1988 at Instinet where he had numerous senior management roles in the United States and in Europe until 2003. His responsibilities included running client segment P & L's, developing international equity trading businesses, and leading various technology groups responsible for delivering a wide variety of electronic trading functionalities across global markets. Mr. Finzi is a graduate of the Ohio Wesleyan University. 

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