David Downey

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David Downey
DavidDowney2.jpg
Occupation CEO
Employer OneChicago
Location Chicago, Illinois, USA
LinkedIn Profile
Website www.onechicago.com

David Downey[1] is the CEO of OneChicago, an exchange on which single stock futures are traded, jointly owned by Interactive Brokers, CME Group and the CBOE.

In 2009, he served as a panelist in the U.S. Securities and Exchange Commission's Securities Lending and Short Sale Roundtable. He currently serves on the CFTC Global Markets Advisory Committee.[2] [3]

Background

Downey was named OneChicago CEO in January of 2007, replacing Martin Doyle, who had left the exchange in October of 2006.

In 1985 he began trading as a member of the CBOE and over the years held memberships at the CBOT and the CME. In 1991 he assumed the title of vice president of U.S. floor trading operations for Timber Hill and was instrumental in the spread of electronic tools for traders on the various exchange floor. In 1995, Downey turned his attention to the development of Interactive Brokers (IB) where he served as executive vice president.[4]

Education

Downey is a 1982 graduate of Boston College where he earned bachelor of arts degrees in Economics and Political Science.

References

  1. David Downey Named OneChicago CEO. OneChicago.
  2. Global Markets Advisory Committee Members. Commodity Futures Trading Commission.
  3. CFTC, Toothless Regulator, Looks to Take a Bite Out of Derivatives. Huffington Post.
  4. David Downey, Chief Executive Officer, OneChicago. SEC.