Patrick Fay

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Patrick Fay
Occupation Senior Vice President, Member and Regulatory Services
Employer CBOE
Location Chicago, IL
Web site www.cboe.com

Patrick J. Fay is senior vice president of Member and Regulatory Services for the Chicago Board Options Exchange. In this role, he is responsibile for the regulatory division, market quality assurance and membership.

Background

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Formerly a vice president and managing director of the CBOE Futures Exchange (CFE), Fay directed all aspects of CBOE’s futures effort -- marketing and sales, member relations, and the Exchange’s market-making program -- and initiated the creation of Market Data Express, LLC, a CBOE subsidiary that offers market data for sale.

Fay rejoined CBOE from NQLX, where he served as executive vice president responsible for business development. Prior to that position, Fay spent 18 years at CBOE, where he was involved in systems development, trading operations and marketing. He managed both CBOE’s Internet presence and The Options Institute, the educational arm of CBOE, as part of his business development role. He also oversaw sweeping changes that ranged from the rollout of handheld electronic trading terminals on the CBOE floor to the development of CBOE’s award-winning website.

Education

Fay holds a B.S. in Business from Eastern Illinois University and a M.B.A. in Business Economics from DePaul University. He also attended the Securities Industry Institute at The Wharton School at the University of Pennsylvania.

References

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