Ongoing courtship between FinTech and America’s big exchanges: ICE senior executive Zohar Hod prepares to support startups

Further testimony to the technological prowess of North America’s exchange technology providers and derivatives venues has emerged today as FinTech organizations which provide the basis for the thought leaders in financial technology to develop their new innovations continue to attract top talent from within the senior executive levels of the established institutions. The relationship between […]

ICE senior executive Zohar Hod prepares to support startups

Further testimony to the technological prowess of North America’s exchange technology providers and derivatives venues has emerged today as FinTech organizations which provide the basis for the thought leaders in financial technology to develop their new innovations continue to attract top talent from within the senior executive levels of the established institutions.

The relationship between the encouragement of new FinTech development and America’s burgeoning startup scene has become very close, and this week, Zohar Hod, who spent almost 8 years at ICE Data Services, which is the division of Chicago’s IntercontinentalExchange that provides quote and data services including real-time and delayed quotes, end-of-day pricing data, third-party market data, market commentary, and news, has taken his experience into the world of startups by becoming part of a FinTech accelerator, from his base in New York.

Mr. Hod joined IntercontinentalExchange in August 2008 from IBM, and for almost 8 years has been Global Head of Sales & Support at ICE Data Services.

download

At IBM, where he spent 3 years between 2005 and 2008, Mr. Hod was Head of IBM’s Trading Solutions Group within which he founded the management consulting division that focuses on derivatives system implementation and strategy, working alongside tier 1 banks and buyside firms.

Prior to joining IBM, Mr. Hod was a Partner at Hedg-X Strategies, which is a Dutch offshore hedge fund, where he set up the STP links to facilitate the fund’s global execution and clearing, which involved relationships with prime brokerages and securitization of the fund’s assets and fund management services.

Like many very senior technologists, Mr. Hod spent a number of years in Israel’s military, in a civilian position. Between 1993 and 1997, Mr. Hod was a Senior Military Defence Program Buyer for the Government of the State of Israel, where he conducted procurement activities, analyzed risk of companies to determine financial stability, and was responsible for an annual budget of $100 million, with one of his major projects being buyer in charge for the Arrow Missile Defence Program.

Mr. Hod is multilingual, speaking fluent Hebrew, English, French and Spanish, and has 8 publications on various subjects ranginng from algorithmic trading to risk management and technology to his name, largely published during his tenure at IBM.

Educated at New York University’s Leonard Stern Business School, Mr. Hod has an MBA in Finance and Computer Information Services which he obtained in 2000, and a BBA in Finance and Investment from City University of New York’s Baruch College from which he graduated in 1996.

Image courtesy of Defense Advanced Research Projects Agency

Read this next

Crypto Insider

Gate.io lists DeFiChain’s DFI token amid growing popularity

Bitcoin-based DeFi platform DeFiChain announced the listing of its native DFI token on Gate.io, one of the world’s leading cryptocurrency exchanges.

Digital Assets

Binance in discussions with Japan regulators to relaunch operations

Binance, the world’s largest crypto exchange by traded volume, is reportedly seeking a license to operate in Japan after its exit from the country four years ago.

Digital Assets

OKX Chain integrates .crypto domains to simplify wallet transactions

Unstoppable Domains, a company building Blockchain domain names, has entered a partnership with EVM and IBC compatible chain OKC (OKX Chain). This collaboration will grant OKC’s users the ability to simplify deposits and withdrawals within the regulated fiat-focused crypto-asset exchange.

Retail FX, Technology

MetaTrader’s iOS issue opens brokers’ eyes to other trading platforms

In a surprising (or-not-so-surprising) move, Apple has removed MetaTrader 4 and MetaTrader 5 from its App Store in a huge blow for the leading FX trading platform provider.

Retail FX

Pepperstone adds Capitalise.ai analytics and automated trading tools free of charge

“We look forward to bringing significant value to Pepperstone traders and making a real, positive impact in their daily trading habits. We are excited to welcome them on board.”

Retail FX

FP Markets wins Best Global Value Broker for 4th consecutive year at the 2022 Global Forex Awards

“We greatly appreciate the continued international recognition as at FP Markets we pride ourselves on these attributes and these prestigious awards are testament to the hard work from our global team to always provide our clients with the ultimate trading experience.”

Inside View

How to Engage Your Customer at Every Stage of Their Journey

As many as 89% of successful businesses say that providing assistive customer experiences is critical to their growth. That’s because a mere 5% increase in customer retention can boost profits by 25% to 95%.

Industry News

CFTC fines Chinese firms Chinatex and COFCO $720,000 for wash trading

Chinatex traders engaged in wash trading in order to liquidate a long position in the account of an affiliated company and re-establish the position in its own account, to the ultimate benefit of its parent company, COFCO.

Industry News

US-based operation of Brazilian broker XP fined $500,000 for recordkeeping failures

“Proper recordkeeping is vital to protecting our markets and market participants from fraud and manipulation. This case serves as another example of the Commission’s intent to vigorously enforce the recordkeeping obligations of its registrants.”

<