ICE Secures Jonathan Reeve as its Global Head of Data Services

Intercontinental Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (NYSE:ICE), a global operator of exchanges and clearinghouses has just appointed Jonathan Reeve as its Global Head of ICE Data Services’ Connectivity and Consolidated Feed businesses, part of its latest efforts to expand its connectivity solutions, per a company statement.

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In his new role as the Global Head of ICE Data Services, Mr. Reeve will be reporting to Lynn Martin, President and Chief Operating Officer (COO) of ICE Data Services. In this capacity he will be tasked with the strategic oversight and day-to-day management of ICE’s Secure Financial Transaction Infrastructure (SFTI). Additionally he will mange the group’s Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Read this Term and consolidated feed businesses.

He joins ICE from S&P Global, having worked at the group for over eleven years in a number of senior level roles. This included stints as its Chief Data Officer, and Chief Product Officer, according to information made public on his Linkedin profile.

According to Lynn Martin, in a recent statement on the appointment, “With more than twenty years of experience in data operations and product management, Jonathan brings a deep background and extensive knowledge of the market data industry for our customers and the ICE Data Services team.”

“As we continue expanding our global SFTI, colocation network and consolidated feeds, Jonathan will be instrumental in leading our team to deliver for our customers and on ICE’s growth strategy,” Martin added.