Thomas Ascher

Chief Strategy Officer

ISE, LLC

Mr. Ascher is the Chief Strategy Officer and head of the Corporate Initiatives Division of ISE, LLC. In this role he is responsible for identifying, analyzing and instituting businesses that may provide ISE with growth opportunities. The Corporate Initiatives Division manages ISE's new business development, including strategic planning.

Brad Bailey

Senior Analyst

Knight Capital Group

Brad Bailey is director of business development at Knight Capital Group where he looks at strategic opportunities for the firm. He also serves as director of NetDelta, a settlement and confirmation platform for OTC derivatives providing real-time reporting of positions, balance sheet usage, and counterparty and market risk, which is an affiliate of Knight Capital Group.

Karen Buck Burgess

Senior Advisor, Office of Compliance Inspections and Examinations

U.S. SECURITIES AND EXCHANGE COMMISSION

Karen Buck Burgess is the Senior Adviser to the Director in the Office of Compliance Inspections and Examinations at the Securities and Exchange Commission, Washington D.C. Prior to her current position, she served in a variety of other posts at the SEC, including as Associate General Counsel (1996-2001); Assistant General Counsel (1992-1996); Deputy Chief Counsel/Senior Special Counsel in the Division of Market Regulation (1989-1992); Special Counsel, Office of the Chairman (1988-1989); and Attorney in the Division of Market Regulation (1981-84).

Michael Caffi

Manager, Global TCA Services Global Trading and Implementation

State Street Global Advisors

Michael Caffi is a Vice President and Manager of the Global TCA Services group in the Equity Trading division at State Street Global Advisors in Boston. He is responsible for all facets of Transaction Cost Analysis and centralized TCA reporting services to support Equity Trading, Portfolio Management, and Compliance.

Robert L.D. Colby

Deputy Director Division of Trading and Markets

Securities and Exchange Commission

As Deputy Director of the Securities and Exchange Commission's Division of Market Regulation, Robert L.D. Colby shares responsibility for the regulation and oversight of securities firms, clearing organizations, and the United States securities markets.

William K. Gates

Senior Vice President, Head of Global Product Marketing

SmartStream Technologies

Bill Gates is Senior Vice President and head of global product marketing at SmartStream Technologies, responsible for solution strategy and positioning, and go to market alliances. Bill joined SmartStream in March 2006.

Steve Grill

Chief Architect

HSBC

Ross Hamilton

Director, Client Engagement

Lab49, Inc.

As Director of Client Engagements at Lab49, Ross Hamiltonis responsible for overseeing and managing the successful delivery of client and partner projects, and providing leadership and guidance to client and Lab49 project teams alike. Ross is also responsible for defining Lab49's marketing presence and initiatives.

Rob Hegarty

Managing Director

TowerGroup

Rob Hegarty is Managing Director for two of TowerGroup's practice areas. The first is Securities & Investments, which is the umbrella for three service areas: Securities & Capital Markets, Investment Management, and Brokerage & Wealth Management.

Donna Howe

Head of Hedge Fund Risk Management, Fixed Income

UBS

Donna joined UBS just a year ago as the Head of Hedge Fund Risk Management for Fixed Income. Her prior role was at Angelo, Gordon & Co. (a $12 billion AUM multi-strategy hedge fund) as their Chief Risk Officer (CRO).

Robert Iati

Partner

TABB Group

Bob is Partner & Global Head of Consulting Services, joining TABB Group as a Partner in December 2004. He has over twenty years experience in capital markets operations and technology, covering areas of securities operations training, planning and development, and IT strategy and implementation. Bob has authored and interpreted studies analyzing the impact of changing market structures on global financial markets, led implementation of technology solutions to improve trading and operations at top tier investment banks, and examined the critical processing issues faced by brokerage institutions.

Joe Iraci

Senior Vice President

Risk Management, Fidelity Investments

Joe Iraci is a Senior Vice President, Risk Management, Fidelity Investments. Joe is currently the Head of Operational Risk Management for Fidelity Brokerage Company, a position he assumed from heading Risk Management for Fidelity Employer Services Corporation.

Alistair E. Johnson

Senior Regulatory Specialist

FINRA

Alistair E. Johnson is a Senior Regulatory Specialist in FINRA's Department of Member Regulation, and works in the Examinations Program Group on the development and support of FINRA's National Examination Program. She also serves as an Anti-Money Laundering Regulatory Expert at FINRA. As a Regulatory Expert, Ms. Johnson is involved in most aspects of interpretation and enforcement of FINRA and federal AML rules.

Robert Kolpin

Director

DTCC Deriv/SERV

Robert Kolpin is currently a Director in DTCC's over-the-counter derivatives subsidiary, DTCC Deriv/SERV LLC. In this role, he manages the Client Advisory Account Team, which focuses on building relationships with the industry's largest buyside firms. Mr. Kolpin has worked at DTCC for over nine years.

James T. Leman

Head of Capital Markets
Principal at Westwater

James T. Leman is Head of Capital Markets and is a Principal at Westwater. Jim is currently consulting after having spent years leading global electronic trading and external connectivity, global operations management and regulatory groups at Citigroup, HSBC and the New York Stock Exchange and their affiliates. Jim also served as the President of SunGard BRASS.

Allen Love

Vice President, Office of Corporate and Regulatory Compliance

The Depository Trust Clearing Corporation

Allen is a Vice President in the Office of Compliance and Regulatory Control at The Depository Trust Clearing Corporation (DTTC) where he is responsible for assisting with managing the compliance program at DTTC.

Kevin Lupowitz

Chief Information Officer

Liquidnet Holdings, Inc.

Kevin oversees Liquidnet's technology infrastructure, including all of the systems and processes that make up the Liquidnet network, as well as the corporate infrastructure. Kevin is one of Liquidnet's founding employees, and in his prior position as CTO, he lead the company's Software Development group. Kevin joined the company after Liquidnet acquired Armonie Software, a company that Kevin co-founded in 1999.

Dr. Cindy Ma

Managing Director

Houlihan Lokey

Dr. Ma is a Managing Director in Houlihan Lokey's New York office, where her primary responsibilities as part of the firm's Financial Opinions & Advisory Services (FAS) practice include providing valuations, financial opinions and expert witness testimony.

Raj Mahajan

President, Trading

SunGard

Raj is a talented SunGard executive who has demonstrated his ability to successfully grow businesses, while maintaining satisfied clients and motivated employees. Today Raj oversees SunGard's Trading businesses, delivering mission-critical trading systems while identifying new growth opportunities for SunGard, as well as its customers.

Ravi Manchi

Principal

Westwater Corp.

Ravi Manchi Principal, Westwater Corp. Ravi Manchi is a Principal at Westwater; he is responsible for Business Strategy and Global Delivery. Ravi's indepth business knowledge on several aspects of Financial Services has assisted many organizations with the business strategy and technology transformation; leading to deployment of enterprise-wide solutions.

Barnett Margolis

Senior Vice President

IT Audit and SOX IT Compliance Jefferes & Company, Inc.

Barney Margolis, SVP responsible for IT Audit and Sarbanes Oxley (SOX) IT Compliance, joined Jefferies in June 2007 and has managed the leveraging of both the IT Audit and IT SOX functions to increase the IT Risk coverage within the organization. In addition, he expanded the role of the IT SOX function to be more of a Risk Management advisor to the IT organization in addition to the test and assessment responsibilities required under SOX. Prior to joining Jefferies, Barney was a Senior Manager in Ernst and Young's Technology and Security Risk Services practices where he work with a number of large financial services clients to achieve successful Sarbanes-Oxely compliance. In addition, Barney has managed a number of IT Application pre-implementation and system integration projects.

Gijo Mathew

Vice President of Solutions

Orchestria

Gijo Mathew uses his 10+ years of software development and enterprise security experience to design custom security management and compliance strategies. He is knowledgeable in many areas of information security; including data leak prevention, breach-, access control- and identify management.

Mihal Nahari

Chief Compliance Officer

The Depository Trust & Clearing Corporation

Mihal Nahari was appointed Chief Compliance Officer in November 2007. In this position, she has enterprise-wide responsibility for compliance activities at DTCC, principally focusing on such matters as anti-money laundering (AML), USA PATRIOT Act, Bank Secrecy Act (BSA) and record retention requirements. The aim of DTCC’s program is to promote transparency, ensure the soundness of capital markets, prevent fraud, protect investors, combat terrorist activity and enforce federal sanctions on foreign entities hostile to U.S. interests.

Rishi Nangalia

Managing Director

GOLDMAN SACHS ELECTRONIC TRADING

Rishi manages the Electronic Trading Business Development group. He is responsible for executing the business objectives for the REDIPlus trading platform, SIGMA/X liquidity strategy and the products and services that constitute the direct market access business globally.

Prakash Neelakantan

Vice President of the Financial Services Division

Headstrong

At Headstrong, Prakash is the Vice President of the Financial Services Division. Currently, Prakash’s team is concentrating almost exclusively on expanding Headstrong’s practices in the electronic trading space. He is responsible for the vision Headstrong has for where its clients in this space will be in the next few years and is spearheading a campaign to position Headstrong to be best able to provide these needs for buy-side and sell-side institutions as well as exchanges and dark pools.

Richard M. Nummi

Executive Consultant

NRS Broker-Dealer Services

Richard ("Rick") M. Nummi joined NRS as an Executive Consultant in May 2007, and is located in the Florida office.

His responsibilities include undertaking broker/dealer risk assessment reviews, mock NASD audits, branch office inspection/reviews, speaking at NRS and other conferences, presenting Desktop Seminars on various broker/dealer compliance and regulatory matters and working with broker/dealer clients on a myriad of compliance concerns and solutions.

Gerald T. O'Connell

Executive Vice President and Chief Information Officer

Chicago Board Options Exchange

Gerald T. O'Connell is Executive Vice President and Chief Information Officer of the Chicago Board Options Exchange. Mr. O'Connell rejoined the exchange as Director of Systems Development in 1984. During the past twenty three years, Mr. O'Connell has overseen the development and implementation of all the advanced systems used for options trading at the CBOE today.

Jeffrey Plotkin

Partner

Day Pitney LLP

Mr. Plotkin represents clients in investigations and enforcement actions by the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority, and the New York State Attorney General's Office. He also handles internal investigations for financial institutions and public companies, commercial litigation in federal and state court involving the securities and commodities industries, and arbitration and mediation of securities industry disputes.

Justin Schack

Vice President, Market Structure Analysis

Rosenblatt Securities

Justin Schack is Vice President, Market Structure Analysis at Rosenblatt Securities, an institutional agency brokerage in New York. Schack is the lead writer for the firm's Trading Talk reports, which are widely recognized as an authoritative voice on market structure and the exchange industry.

Robert A. Schwartz

Marvin M. Speiser Professor of Finance and University Distinguished Professor Department of Economics & Finance

Zicklin School of Business Baruch College, CUNY

Robert A. Schwartz is Marvin M. Speiser Professor of Finance and University Distinguished Professor in the Zicklin School of Business, Baruch College, CUNY. Before joining the Baruch faculty in 1997, he was Professor of Finance and Economics and Yamaichi Faculty Fellow at New York University's Leonard N. Stern School of Business, where he had been a member of the faculty since 1965.

Harrell Smith

Head of Product Strategy

Portware

Harrell Smith joins Portware from Celent, where he managed the firm's global Institutional Securities and Investments practice. At Celent, Harrell advised leading financial services firms, exchanges and technology vendors on initiatives including algorithmic trading systems development, market structure, M&A, and platform implementation strategies. Prior to joining Celent, Harrell worked in equity derivatives trading at BNP Paribas and as a commodity derivatives analyst for Morgan Stanley.

Eric Swanson

General Counsel

BATS

Eric is General Counsel of BATS, a rapidly growing ECN based out of Kansas City, MO, that has been granted approval by the SEC to operate a national securities exchange. Prior to joining BATS in 2008, Eric served as Chief Counsel for regulatory strategy at Ameriprise Financial, Inc., a Fortune 500 broker-dealer and asset manager headquartered in Minneapolis, MN.

Denise Valentine

Senior Analyst

Aite Group, LLC.

Denise Valentine is a senior analyst at Aite Group, LLC, focusing on institutional asset management, hedge funds, and the intermediary market, evaluating systems in the front, middle, and back office, as well as general industry trends.

Grace B. Vogel

Vice President, Member Regulation

FINRA

Grace B. Vogel is Executive Vice President, Member Regulation at FINRA. In this capacity, she oversees the Department of Risk Oversight and Operational Regulation, with responsibility for the ongoing surveillance and annual examinations of firms for financial and operational compliance and areas of broker-dealer risk management and supervision.

Tom Whelan

Head of North American Product Sales

Instinet Corporation

As head of North American product sales at Instinet, Tom is responsible for the full suite of electronic solutions that Instinet offers to the buyside. Tom has been very involved with the sales, support, and development of Instinet's flagship global execution management system, Newport, since its inception in 2001. In previous roles at Instinet, Tom ran the US portfolio trading desk, managed Instinet's business development of it's algorithmic offering and helped to launch its transaction cost analysis suite, Insight. Tom has a bachelors degree from Michigan State University.

Keith White

Vice President, Information Technology Risk

Credit Suisse

Keith White, a Vice President in Credit Suisse's Information Technology Risk department, joined Credit Suisse First Boston in 1999 and established a global practice for reporting on and delivering against IT audit risks. He later developed and applied risk analysis techniques that were used to assess various technologies and then developed a standard methodology incorporating applicable internal and external standards.