BATS Exchange, a global financial markets technology firm, has promoted Joe Bracco as head of US sales and vice president, effective December 1st, 2009. Randy Williams, who previously held the leadership roles for both sales and communications within BATS, will be focusing all of his efforts on global communications going forward. He remains in New York as well.
Mr Bracco, who joined BATS in February 2008, will remain in BATS Exchange’s New York office and will report to Joe Ratterman, CEO of BATS Exchange and BATS Global Markets. He was most recently director of US sales, managing numerous client accounts while also handling all relationships related to the dissemination of BATS market data.
Prior to joining BATS, Mr Bracco spent the bulk of his career at Cantor Fitzgerald in New York. During his 22 years at Cantor, he became a partner and senior vice president and was responsible for building, managing and maintaining relationships with large primary dealers, hedge funds, futures trading accounts and regional dealers.
Mr Ratterman said: “We are pleased to announce Mr. Bracco’s promotion as we prepare to launch our US options platform and a second US equities exchange in the first half of 2010. He has become an invaluable member of the BATS team, building client relationships while getting BATS market data on high profile web sites, and we’re excited about the experience and work ethic he brings to this leadership role.”
