Joseph Mecane
Joseph Mecane is a financial markets and exchange executive who is head of execution services at Citadel Securities. Before joining Citadel, he was global head of electronic equities at Barclays, beginning there in November 2014.[1] On January 17, 2018, Mecane was elected to the board of directors of Nasdaq, Inc.'s U.S. exchanges.[2] BackgroundHe previously served as head of U.S. Equities at the New York Stock Exchange, where he oversaw strategy, business development and operations for the NYSE, NYSE Arca and NYSE Amex. His earlier career included roles at UBS Securities, Schwab Capital Markets, Knight Capital Group and Price Waterhouse. He joined NYSE Euronext in May 2008 as executive vice president and chief administrative officer for U.S. Markets.[3] He left in the summer of 2014, after the NYSE takeover by ICE and the retirement of Duncan Niederauer. [4] Mecane joined NYSE Euronext from UBS Investment Bank, where he was a managing director in the Equities Division, responsible for overseeing the firm’s wholesale and retail trade-execution business. He joined UBS in November 2004 when the firm acquired Schwab Capital Markets, where Mecane was a managing director and chief operating officer and oversaw Schwab’s broker-dealer business. He has been deeply involved in market-structure issues, and at UBS ran the Equities Division’s committees on market structure and execution quality.[5] Before joining Schwab in 2003, Mecane held a number of positions at Knight Securities, including chief operating officer of its Nasdaq division. Before that, he worked in the Securities Industry Practice group at PricewaterhouseCoopers LLP.[6] John Lothian News Interview
NYSE Euronext’s Joe Mecane Discusses Their New Retail Liquidity Program The new program is designed to attract retail traders by offering them better price improvement than the National Best Bid and Offer (NBBO). Orders placed through the program would interact with non-displayed retail price improvement orders provided by retail liquidity providers. Published July 30, 2012. Watch at JohnLothianNews.com[7] EducationReferences
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