OptionsCity was acquired in June 2017 by Vela Trading Systems. Following the acquisition, Dawani joined Vela as chief product officer.
Earlier, Dawani worked as a director in the software department at Chicago Trading Company (CTC), where he had a leading role in designing and building the main electronic trading and market making engine and interface. That system led to the company's swift growth in electronic trading revenue.
Dawani also had a role in the creation of a software development process with the implementation of a support process and a management control system.
Dawani grew up in Jordan and moved to Chicago to attend the Illinois Institute of Technology, where he received a BA in computer science and was a scholar in the IIT Leadership Academy.
In December of 2012, Dawani was named in the Crain’s Chicago Business 2012 “40 under 40” list. The publication honors influential up-and-comers with this award, specifically recognizing Chicago professionals who have made a significant impact in their respective fields before age 40.
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