Previously, Mr. Hughes was Director of Sales with responsibilities for the New York area covering top-tier investment banks, hedge funds, buy-side firms, and exchanges, a position he has held since joining Exegy in March of 2010. Prior to joining Exegy, Mr. Hughes was a Managing Director in the Sales & Relationship Management group for the New York Stock Exchange, where he had enterprise-wide responsibility for the NYSE's relationship with a number of its largest customers, both buy-side and sell-side.

Jim O'Donnell, Chairman and CEO of Exegy said, "We're delighted that Steve has taken on the role as our head of global sales. His experience and perspective will help shape our customer engagements as we expand our product line-up to meet the growing needs of the market."

Hughes added, "It's an exciting time to be associated with Exegy as we continue the revolution we started in the market data world by teaming up innovative, hardware-accelerated appliance technology with the best customer service available anywhere in the market. Our newly introduced pricing model means that these innovations and services are within reach of all firms, large and small."