Exegy Hires Industry Vet, Fiesel, to Build on Sales Momentum

by Member News

St. Louis, New York – 9 January 2025 – Exegy, the leading provider of market data and trading technology for capital markets across the latency spectrum, is pleased to announce the hiring of Jim Fiesel as its new Chief Revenue Officer (CRO). Fiesel joins Exegy from his role as Managing Director of the Americas at Broadridge, where he led Broadridge Trading and Connectivity Solutions (BTCS). Exegy grew its annual new sales by over 60% in 2024 and sought out Fiesel’s extensive experience and expertise to build on its sales momentum.

Fiesel brings years of valuable experience in financial technology, having held senior roles at Bloomberg, Calypso Technology, and was a Managing Director at Tradeweb and Finastra. His proven track record in delivering innovative solutions to clients aligns with Exegy’s strategic goals in 2025 and beyond. With his deep market knowledge and extensive sales experience, Fiesel’s addition to the team will enable Exegy to uncover new growth opportunities while reinforcing its commitment to serving the capital markets industry.

David Taylor, CEO of Exegy, said: “We are delighted to welcome Jim to our world-class team. His proven ability to build and lead successful teams that deliver real value to clients will be instrumental in helping us achieve our goals. Our sharp focus on delivering superior client experiences directly contributed to our success in 2024. Recruiting Jim represents a doubling-down on our investment in strengthening our client partnerships.”

Jim Fiesel, CRO of Exegy, said: “I’m thrilled about the future of the Exegy product suite, especially our next-generation enterprise market data solution that integrates proven technologies and services from Exegy, Enyx, and Vela. This innovative offering was a key factor in my decision to join Exegy and I’m eager to help our clients capitalize on these exciting advancements.”

Over the past year, Exegy has made significant strides in advancing its product portfolio, including improvements to its low latency trading technology, specifically nxFramework. As the first standardized way of developing in-house FPGA-based projects, it achieved a record-breaking actionable latency of 13.9ns for the execution of a trade.

This is part of the company’s response to the market’s pain points by enabling clients to operate faster and more efficiently. Trusted by top-tier buy-side and sell-side firms globally, Exegy remains committed to collaborating with clients to deliver enterprise-grade, cutting-edge solutions that meet the evolving demands of the financial industry.

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Editorial contacts:

John Norris / Chrissa Diakanastasis

Moonlight IQ

Email: exegy@moonlightiq.com

Tel: +44 (0) 20 7250 4770

About Exegy

Exegy is a global leader in low latency market data, advanced trading systems, and future-proof technology. Backed by Marlin Equity Partners, Exegy serves as a trusted partner to the complete ecosystem of the buy-side, sell-side, exchanges, and financial services technology firms around the globe. For more information, please visit www.exegy.com.

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FISD Newsletter – November 2024

by FISD NewsFISD Newsletter Archive

An exciting update to DLS exam
Over the past few months, we have made some significant upgrades to our Data Licensing Exam (DLS). FISD has been gathering candidate feedback and has performed an analysis of every question within the DLS Exam. Changes were made to the exam to improve the candidate experience and standardize the layout, language and format of the exam, while still providing a fair challenge to data licensing professionals.

This new version of the exam will Go Live on Black Friday, November 29 2024 and will be called DLS v1.1. We want you and your team to experience the improved DLS exam, so for a limited time, FISD is giving a 10% discount to all FISD members who sign up for an exam between November 29 and December 31, 2024. For more information, please contact Adam Stanton.

FISD Executive Committee Elections—Nominations Accepted until Dec. 6th

All FISD members are invited to nominate candidates to fill 12 positions on the FISD Executive Committee (EC) for two-year terms beginning January 2024. Positions are open for representatives in each of the three FISD constituency areas: exchanges & markets, vendors (data/software/hardware/services), and consumer firms (financial institutions). View the current EC list. Members may nominate themselves.

If you wish to run for the election, please submit one nomination for your company with a single campaign statement covering both executives who will be representing your firm. The deadline to submit nominations is Friday, December 6 and the election will run until Friday, January 10. Please contact Tracey Shumpert with any questions.

Holiday Parties

FISD London Christmas Party and FISD New York holiday party are both at capacity and have waitlists. If you previously registered and aren’t able to attend, please let us know. We still have a few spots available for FISD LATAM Year-End Gathering on Dec. 4. 

Pencil Us in for 2025

FISD program managers have been hard at work building out a robust calendar for 2025 with locations and dates locked down through November 2025 and more in the pipeline! Take a look at our full slate of scheduled events and mark your calendars. Registration for Q1 events opens next month. AsiaFIC delegate registration opens in January and currently 11 of the 16 sponsorship opportunities have been reserved.

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MEMBER NEWS

Neudata New York Winter Data Summit 2024

JOB BOARD

Addepar: Group Product Manager, Market Data (Remote, UK)

Bank of Canada: Contract Management and Licensing Compliance Librarian

Bibliothécaire à la gestion des contrats et au respect des licences

Bloomberg: Senior Technical Account Manager – Exchanges & Data Model (New York)

CRSP: Director, Client Services

IMF: Data Management Officer/Senior Data Management Officer

Section Chief (Data & Information Section)

Macquarie Group: Market Data Sourcing and Procurement Analyst

NEW MEMBERS

3forge LLC
Agencia Estado Ltda
Arches Computing Systems Corp.
Artefact USA, Inc
BIGTXN
Chicago Trading Company
General Index Ltd
IMX Health
ISI Markets
Jain Global, LLC
OCC
Optiver Pty Ltd
Saudi Exchange
Skyfire
TCAM

2024 Global Sponsors

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SIX.png

An Exciting Update to DLS exam

by FISD NewsMember News

Over the past few months, we have made some significant upgrades to our Data Licensing Exam (DLS). FISD has been gathering candidate feedback and has performed an analysis of every question within the DLS Exam. Changes were made to the exam to improve the candidate experience and standardize the layout, language and format of the exam, while still providing a fair challenge to data licensing professionals.

This new version of the exam will Go Live on Black Friday, November 29, 2024 and will be called DLS v1.1. We want you and your team to experience the improved DLS exam, so for a limited time, FISD is giving a 10% discount to all FISD members who sign up for an exam between November 29 and December 31, 2024. For more information, please contact Adam Stanton.

 

Exegy Expands Ultra-Low Latency, Tick-to-Trade Support to Include All Canadian Equity Exchanges

by Member News

FOR IMMEDIATE RELEASE

St. Louis, New York – 21 November 2024 – Exegy, the leading trading technology provider across the latency spectrum, announces the expansion of market data and execution coverage for nxAccess, its FPGA-based tick-to-trade solution, now supporting all Canadian equity exchanges. This enhancement enables seamless, ultra-low latency trading for a wide range of trading strategies in Canadian and US markets. It is the only off-the-shelf, FPGA tick-to-trade solution that enables clients to achieve operational consistency and efficiency across North American markets.

Building on its robust Canadian market data offering, Exegy now extends nxAccess coverage to support both market data and order execution across all Canadian equities venues. This enhancement empowers traders in Canada to achieve rapid time-to-market and benefit from high-performance, deterministic tick-to-trade capabilities, enabling them to focus on optimizing their core trading strategies without additional complexity.

ETF market makers in the region will benefit significantly, as Canadian and US banks can now leverage Exegy’s FPGA technology for seamless, cross-border trading across North American markets. With ultra-low latency solutions, ETF trading desks gain the precision and performance critical to their operations.

This expansion enhances Exegy’s full FPGA trading solutions, offering clients unparalleled speed, reliability, and scalability across global markets.

David Taylor, CEO of Exegy, said: “By enhancing our ultra-low latency product suite, Exegy reaffirms its leadership in the Canadian market and commitment to supporting clients as they navigate increasingly complex and competitive trading environments. We worked closely with a strategic client to deliver this cutting-edge solution, and it has proven to be a game-changer that can position savvy firms for success in an evolving marketplace.”

Clients will gain access to the following key benefits:

  • Comprehensive Market Coverage: Seamless access to market data and order execution protocols across all Canadian equity venues, including Montréal, Toronto, Chi-X Canada, Aequitas, Omega, and CSE.
  • Effortless Deployment: Leverage the latest FPGA-based trading technology with minimal internal resources, enabling clients to focus on refining their trading strategies.
  • Scalable Ultra-Low Latency Solutions: Benefit from nanosecond-level tick-to-trade capabilities that support trading across North America.
  • Dedicated Support for Canadian Clients: Enhanced resources and expertise to ensure reliable access to all critical Canadian trading venues and meet evolving market demands.

Exegy continues to lead the global market in innovative, ultra-low latency trading solutions, trusted by top-tier buy-side and sell-side firms across North America, including many Canadian clients. By enhancing its Canadian coverage, Exegy strengthens its position as the go-to partner for firms seeking high-performance, end-to-end trading solutions. Driven by close collaboration with clients, Exegy remains committed to delivering cutting-edge products that anticipate and meet the demands of an evolving trading landscape.

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Editorial contacts:

Alla Lapidus / Alice Jiga

Moonlight IQ

Email: exegy@moonlightiq.com

Tel: +44 (0) 20 7250 4770

 

About Exegy Inc. 

Exegy is a global leader in low latency market data, advanced trading and execution systems, and future-proof technology and infrastructure. Backed by Marlin Equity Partners, Exegy serves as a strategic partner to the complete ecosystem of the buy-side, sell-side, exchanges, and ISV/technology firms around the globe.