Vela Appoints Former NYSE Vice President Peggy Sullivan as Chief of Staff

Vela, a provider of high-performance trading and market data technology, announced on Thursday that it has appointed Peggy Sullivan as its Chief of Staff. Sullivan has served as a consultant to the company since October 2017.

Sullivan will be based at the tech provider’s headquarters in New York. She will report to the Chief Executive Officer of the company, Jennifer Nayar. Sullivan will be responsible for establishing strong strategic partnerships and advise on market structure challenges, among other duties. She also will be Vela’s representative in a number of industry groups and trade associations.

Most recently, Sullivan worked at the New York Stock Exchange (NYSE), where she more than ten years of her career. During her time at the 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, she held a number of leadership positions including Managing Director of NYSE Euronext and Director for the exchange’s Trading Floor Market Data Operations and US Product Management.

Commenting on the position, Vela’s CEO, Nayar said: “we are delighted that Peggy has accepted this opportunity to be part of Vela. Peggy is a widely-recognized and well-respected professional in our industry."

“She brings valuable insights as a problem solver and thought leader and her extensive knowledge and expertise in partnership management and market structure will be pivotal as we continue to build momentum on our strategic growth objectives. We are excited to have Peggy as an official permanent member of the executive team.”

Peggy Sullivan joins Vela with extensive experience in finance and technology

During her career, Sullivan has also worked at Merrill Lynch, Credit Suisse and Dow Jones Telerate in trading and technology roles. Between 1986 to 1990 she studied at Loyola College in Baltimore MD where she obtained a BS in Political Science.

Sullivan also noted: “having seen how forward thinking, innovative, and client focused the Vela team are over the past nine months, I am delighted to be formalizing my position as Chief of Staff. I look forward to continue working towards building stronger relationships with clients, partners, and market associations and contributing to the company’s strategic plans.”