Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of $9.3 trillion and 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
Hans-Ole Jochumsen is President of Nasdaq, with responsibility for Global Trading and Market Services, which comprises all transactions, clearing, and settlement services at Nasdaq, including equities, equity derivatives, fixed income, currency, and commodities (FICC).
As President, Mr. Jochumsen's responsibility is to maintain and further develop Nasdaq’s strategic position in the equities and FICC space. He is responsible for ensuring that Nasdaq’s network of exchanges, which spans 26 markets, 1 clearing house, and 5 central securities depositories, continue to operate efficiently and transparently.
Prior to the merger between Nasdaq and OMX in 2008, Jochumsen served as President and member of the OMX executive team. Before OMX, Mr. Jochumsen served as President and CEO of Copenhagen Stock Exchange and FUTOP Clearing, spearheading the merger of the Copenhagen and Stockholm exchanges in 2005.
Throughout his career, Mr. Jochumsen has played an active role in shaping securities industry policy. He served as the Chairman of the Federation of European Securities Exchanges (FESE) from 2010 to 2013. From 1990 to 1998, Mr. Jochumsen served on the management board of some of the largest Danish financial institutions, including GiroBank and BG Bank.
Mr. Jochumsen is a graduate of Copenhagen University with a Master of Science (MSc), Economics.
Thomas (Tom) A. Wittman is Executive Vice President of Nasdaq and Global Head of Equities, a division of the company’s Global Trading & Market Services business. Based in Philadelphia, Mr. Wittman oversees the global cash equities and equity derivatives businesses. Specifically, Mr. Wittman is responsible for the management and strategy of Nasdaq’s three U.S. equities markets, three U.S. options markets, the equity and equity derivatives trading in Copenhagen, Helsinki and Stockholm as well as Nasdaq’s investment in TOM. The TOM MTF is a Multilateral Trading Facility located in Amsterdam, The Netherlands. TOM MTF offers trading in shares, derivatives and ETFs. Mr. Wittman also serves as CEO and President of The Nasdaq Stock Market (Nasdaq), Nasdaq PHLX LLC (PHLX) and Nasdaq BX Inc (BX).
Mr. Wittman was recently Senior Vice President, Head of U.S. Equities and Derivatives and President of PHLX. In this role, he was responsible for the management and operations of Nasdaq’s U.S. equities and options markets, and the de novo futures business. Formerly Vice President of U.S. Options, Mr. Wittman led the team in transitioning the PHLX platform from an open outcry, floor-based specialist system to an electronic, hybrid system. He also drove the development of the Nasdaq Options Market (NOM) and the launch of Nasdaq BX Options (BX Options). With these advancements, the group was able to attract new liquidity and order flow providers, resulting in Nasdaq’s leading position in U.S. equity options market share since 2010.
Mr. Wittman began his exchange career in 1987 as a software developer for The Philadelphia Stock Exchange (currently known as PHLX). During his career at The Philadelphia Stock Exchange, he oversaw the software development division that was the backbone of the equity trading business, listed options business, PBOT futures business and the supporting surveillance and back office systems. He was instrumental in guiding The Philadelphia Stock Exchange into the electronic age of exchange trading. Mr. Wittman joined Nasdaq in 2008 after Nasdaq acquired The Philadelphia Stock Exchange.
Tal Cohen joined Nasdaq in April 2016 as the Senior Vice President of North American Equities. Prior to joining Nasdaq, Cohen was the Chief Executive Officer of Chi‐X Global Holdings, LLC from 2010 to 2016. From 2008 to 2010, Cohen served as CEO of Chi‐X Americas. Prior to joining Chi-X, Cohen held several senior leadership roles at INSTINET, including Senior Vice President of Business Development and Product Strategy as well as Co‐head of electronic trading for North America, from 1999-2008. Before joining Instinet, Cohen served as M&A Manager at American Express; building out its strategic investment portfolio. Cohen started at Arthur Andersen as an Auditor and Senior Business Advisor focused on the Financial Services and Telecom industries.
Cohen currently serves as a Director on the Investment Industry Regulatory Organization of Canada (IIROC) Board and as a Director on the Canadian Depository for Securities (CDS) Board. He is a member of IIROC’s Human Resources committee.
Cohen holds a B.A. from SUNY Albany, an M.B.A. from New York University’s Stern School of Business, and is a Certified Public Accountant. He also holds FINRA Series 24, 7 and 63 licenses, the CSI Partners, Directors, and Senior Officers Designation (PDO).