BATS Global Markets today announced the appointment of Chris Concannon as its president.
The appointment is effective December 15.
Concannon is no stranger to the equities market. Formerly the president of high-frequency trading firm Virtu, he has been a prominent figure in the ongoing debate between HFTs, the exchanges and the buyside. He spent six years at Nasdaq as executive vice president, transaction services. He will be based in New York as part of the firm’s executive committee.
He will report to BATS chief executive Joe Ratterman.
