IEX Plucks Strategy Officer From Electronic Trading Firm KCG
- Eric Stockland worked at speed-trading pioneer Getco
- Former strategy chief Ronan Ryan becomes president of IEX
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IEX Group Inc., which is seeking to convert its dark pool into an official U.S. stock exchange, has hired a chief strategy officer from brokerage KCG Holdings Inc.
At KCG, Eric Stockland most recently advised investors on how to carry out trades electronically. Before that, he was an equities trader at Getco, a KCG predecessor that helped pioneer high-frequency trading -- the technique IEX aims to blunt.