Bats Global Markets (Bats), which recently unveiled its new logo and name changes for some of its businesses, today announces the appointment of Tony Barchetto as Executive Vice President, Head of Corporate Development. The appointment, which represents a promotion for Mr Barchetto, is effective immediately.
Mr. Barchetto was previously Senior Vice President, Business Development, at Bats.
Thanks to his new role, Mr. Barchetto joins the Bats Executive Team, which includes CEO Chris Concannon, Bats Europe CEO Mark Hemsley and a number of Executive Vice Presidents: Bryan Harkins, Head of U.S. Markets; Chris Isaacson, Global Chief Information Officer; Brian Schell, Chief Financial Officer; Tami Schademann, Chief Regulatory Officer; and Eric Swanson, General Counsel.
Mr. Concannon commented:
“I’m excited to welcome Tony to the Executive Team, providing an opportunity for him to have an even greater impact on the growth and direction of the firm. Bats believes in rewarding associates for outstanding performance and Tony has played a critical leadership role in a number of key initiatives to date, including the Hotspot acquisition which propelled us into the global foreign exchange market. Tony’s tremendous market structure knowledge and financial acumen will serve him well in his expanded role and I know he’ll continue to produce results”.
Mr. Barchetto joined Bats in 2014 upon the acquisition of Direct Edge Holdings, where he served as Head of Corporate Strategy. Prior to that, he held senior positions in product, sales, operations, and business development at Liquidnet. Earlier, Mr. Barchetto was a market maker with Knight Capital group before assuming the role of a product manager in electronic trading at Citigroup’s Lava Trading.
Mr. Barchetto holds a bachelor’s degree in international economics from Georgetown University and is a Chartered Financial Analyst.
You can view the full press release by clicking here.