Daniel Ciment to assume role of Chief Operating Officer of IEX Exchange

Maria Nikolova

Mr Ciment, who is joining IEX following 10 years at J.P. Morgan, will assume the role at IEX in July.

IEX Exchange, operated by IEX Group, Inc., has announced the appointment of Daniel Ciment as Chief Operating Officer (COO). In this role, Mr Ciment will lead operations and innovation for IEX Exchange.

Mr. Ciment is joining IEX following 10 years at J.P. Morgan, where he served as a Managing Director and Head of Global Equities Electronic Trading and Global Agency Program Trading. Under his leadership, his team designed, distributed and serviced leading edge execution products globally to J.P. Morgan’s institutional, hedge fund, broker-dealer and corporate clients. Before J.P. Morgan, he held similar roles at Barclays Capital, Lehman Brothers and ITG.

Mr Ciment will assume his new role in July. He will report to IEX President and Co-Founder Ronan Ryan.

“Over the years, we have built a great and trusted relationship with Daniel in his role leading the J.P. Morgan Equities Electronic Trading business,” said IEX Co-Founder and CEO Brad Katsuyama.

“He is an industry leader and well regarded by our clients, both on the buy-side and sell-side. Bringing Daniel onboard as the COO of the Exchange gives us a senior leader who can help drive IEX to the next level as we look at a number of significant opportunities on the horizon. We are excited to have him join our team and are honored that he chose to be a part of what we are building at IEX,”  Mr Katsuyama added.

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