Nasdaq OMX appoints new equities head

Nasdaq OMX appoints new equities head

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The Nasdaq OMX Group has appointed Thomas Wittman to head up its global cash equities and derivatives businesses.

He is now executive vice president and global head of equities, a step up from his previous role as senior vice president, head of US equities and derivatives, and president of Nasdaq OMX PHLX.

"Tom has been instrumental in shaping the strategy and focus that have allowed us to maintain our strong market share position in U.S. cash equities and grow our U.S. equity derivatives markets to the leading position," said Hans-Ole Jochumsen, president, global trading and market services, Nasdaq OMX.

"With Tom now taking on this global responsibility, we have the best possible leadership to integrate all our cash equities and equity derivatives businesses, providing more trading opportunities to our customers."

Wittman’s promotion follows the recent appointment of Jochumsen as president of global trading and market services. Wittman first joined the firm in 2008.
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