Michael is a senior executive with deep experience in electronic trading and alternative trading systems. Michael has been the CEO of two different ATS’s, Luminex Trading & Analytics, and Harborside Plus. He managed the ATS strategies for both Bear Stearns and Fidelity Capital Markets. He has also served on the board of Level ATS, and is an advisor to Intelligent Cross, a new ATS using Machine learning and AI to produce better execution outcomes for clients. Most recently Michael was a senior consultant to State Street helping with business planning and strategy while also helping to evaluate strategic partnerships which is how he got involved in OpenDoor.
From 2014-2017 Michael was an SVP and head of Fidelity Trading Ventures, an innovation team at FMR LLC. Michael was the first CEO at Luminex, leading the patent pending design, development, sales, and financing transactions. Luminex Trading & Analytics is the first ATS built, managed, and governed by the buyside, built for the purpose of trading large blocks of stock while minimizing information leakage.
Prior to FTV, Michael was an SVP and Head of Equities at Fidelity Capital Markets, the brokerage arm of Fidelity Investments from 2008-2014. He also had responsibility for cross asset electronic trading including Fidelity’s ATS, Cross Stream.
Prior to Fidelity Michael was a senior managing director at Bear Stearns responsible for the sales, trading, execution consulting, and client onboarding teams for Bear Stearns electronic trading suite of products.
Michael also spent ten years at Morgan Stanley managing research sales and sales trading teams in both NY and London.