Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


10:00 AM
Connect Directly

GETCO Promotes Daniel Coleman to CEO

The firm said Coleman is now tasked with boosting its core market-making business, and with expanding the company's client services offerings in the U.S. and overseas.

Global market maker GETCO, which also specializes in high-frequency trading, said it promoted Daniel Coleman to chief executive, a move the firm contends positions it for its next stage of growth.

Coleman had previously worked as GETCO’s global head of equities and client services, but he’ll now be tasked with enhancing the firm’s core market-making business, while continuing to grow its client service offerings both in the U.S. and overseas, the company said.

In his old role, Colemen oversaw GETCO Execution Services (GES), GES Europe and the company’s designated market making unit at the New York Stock Exchange. The firm is now the second-largest DMM on the NYSE with more than 850 listing assignments.

“Daniel is perfectly aligned with our long-term vision of utilizing technology to transform how investors transfer risk,” GETCO co-founder Dan Tierney said in a statement.

As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio

Register for Wall Street & Technology Newsletters
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.