< The 2017 Tech 40

15. Chris Concannon
President and Chief Operating Officer
CBOE Holdings
Last year: 16

The Chicago Board Options Exchange could not have become a top trading venue known for its Volatility Index and S&P 500 products without world-class technology. But when its parent, CBOE Holdings, completed the $3.4 billion acquisition of Bats Global Markets in February, the company was lifted into another league. CBOE says now it's not only No. 1 in options volume, but it also has the largest share of pan-European equities trading, ranks No. 2 in the U.S. stock exchange business, and has a significant presence in exchange-traded funds and in foreign exchange with its Hotspot business. "With Bats, CBOE leapfrogs the competition in its ability to deliver product at a faster pace," says CBOE Holdings president and chief operating officer Chris Concannon, who was previously chief executive officer of Bats. Before that, he was COO of Virtu Financial and head of transaction services at Nasdaq. Concannon, 49, is now No. 2 at CBOE, reporting to chair and CEO Edward Tilly.

 
The 2017 Tech 40

1. Adena Friedman NASDAQ 2. Catherine Bessant Bank of America Corp. 3. Robert Goldstein BlackRock 4. Jeffrey Sprecher Intercontinental Exchange Private Markets Investment Outlook Q2 2025: Opportunities Amid Uncertainty Sponsored by Schroders Capital May 1, 2025 5. Lance Uggla IHS Markit

6. Shawn Edwards & Vlad Kliatchko Bloomberg 7. David Craig Thomson Reuters 8. Michael Spencer NEX Group 9. Don Callahan Citigroup 10. Elisha Wiesel Goldman Sachs Group

11. Michael Bodson Depository Trust & Clearing Corp. 12. Terrence Duffy CME Group 13. Charles Li Hong Kong Exchanges and Clearing 14. Sean Belka Fidelity Investments 15. Chris Concannon CBOE Holdings

16. Guy Chiarello First Data Corp. 17. Steven Lieblich Citadel 18. David Rutter R3CEV 19. Blythe Masters Digital Asset Holdings 20. Alfred Spector Two Sigma Investments

21. Neil Katz D.E. Shaw Group 22. Lee Olesky Tradeweb Markets 23. Richard McVey MarketAxess Holdings 24. David Gledhill DBS Bank 25. Seth Merrin Liquidnet Holdings

26. Antoine Shagoury State Street Corp. 27. Peter Brown & Robert Mercer Renaissance Technologies 28. Lou Eccleston TMX Group 29. Peter Cherecwich Northern Trust Corp. 30. Mike Chinn S&P Global Market Intelligence

31. Chris Corrado London Stock Exchange Group 32. Neal Pawar AQR Capital Management 33. Gary Norcross Fidelity National Information Services 34. Steven O'Hanlon Numerix 35. Sebastián Ceria Axioma

36. Brian Conlon First Derivatives and Kx Systems 37. Tyler Kim MaplesFS 38. Michael Cooper BT Radianz 39. Robert Schifellite Broadridge Financial Solutions 40. Jim Minnick eVestment