Quantitative Brokers (QB), an independent, global financial technology company providing advanced algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets, has appointed Thomas Ascher to its Board.
Ascher brings more than 30 years of experience across the financial technology, exchange, and wagering industries. Most recently, Ascher served as President and CEO of Longitude LLC, a highly disruptive pari-mutuel software firm, and Chief Strategy Officer and Head of Corporate Initiatives at Longitude’s parent companies ISE, LLC and ISE Holdings until the acquisition of ISE by Nasdaq in 2016. Ascher has also served as CEO of NQLX, Executive Vice President of Interactive Brokers LLC, Vice Chairman and Chairman of the Executive Committee at the CBOE, as well as an options market maker on the CBOE.
“Tom is highly respected within our industry and brings deep expertise in the electronic trading and exchange space to our Board,” said Christian Hauff, CEO and cofounder of QB. “As QB continues to expand its best execution solutions across the fixed income universe, we look forward to his guidance and counsel.”
“QB is truly a leader in the industry when it comes to quant strategies and I am delighted to be part of this team,” said Ascher. “There is an enormous amount of innovation underway here in advancing the way this industry trades, and I’m honored to help guide QB in its continued growth.”
Ascher has also served on the Boards of the Chicago Board Options Exchange, the Cincinnati Stock Exchange, and the Boston Options Exchange; and as Director of Hanweck Associates, LLC, Quadriserv, Inc., and Direct Edge Holdings, LLC until its merger with BATS Global Markets.