Technologist For Third Market
Traders Magazine, February 2001
Mike Alex is senior vice president for e- business at third market block trading house Jefferies & Company. He spends half his time evaluating new technology and the other half working with the firm's investment bankers to identify promising technology vendors. The position was officially created last summer, although Alex says he has been doing the work since he rejoined Jefferies in 1996.
Alex first joined Jefferies in 1987 to launch the POSIT crossing system and the ITG group. He left for five years in 1991. He then worked with well-known technologist Bill Lupien on the development of the OptiMark trading system. Upon his return in 1996 he created and ran Jefferies' program trading desk. He also developed its Account Executive workstation, the foundation of Jefferies trading network. Alex reports to John Shaw, Jefferies president and chief operating officer.
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