Tim McDermott

Become a sponsor »

Tim McDermott Occupation CEO Employer Nadex Location Chicago Website www.nadex.com Tim McDermott is the CEO of Nadex. Previously, he was the general counsel and chief regulatory officer for Nadex, which he joined in 2008. He became CEO in May of 2014, succeeding Yossi Beinart, who left the firm to become CEO of the Tel Aviv Stock Exchange. McDermott remained general counsel until his replacement was named. John Austin, an executive with Nadex parent IG Group Holdings, acted as interim CEO until McDermott took over as CEO. Background McDermott joined Nadex in 2008 after spending four years as a director and compliance counsel at CME Group. Before that, he spent 13 years at the law firm of Gardner, Carton & Douglas, beginning as an associate in 1990. He became a partner in 1997, specializing in financial markets litigation. Before his legal career, he worked as a financial analyst and passed the Illinois Certified Public Accounting examination. Education JD, Loyola University School of Law BBA, Accounting, University of Notre Dame (1980 – 1984) MarketsWiki Education Videos References

JLN News Feed Greed and Fear Collide: Wall Street Calls Traders Back to Office Fear gauges signal calmer trade as coronavirus deaths slow; JPMorgan Says Slowing U.S. Virus Cases to Put Floor Under Stocks BitMEX Basel Committee on Banking Supervision Sponsor News [JPX,TSE,OSE,JPX-R,JSCC,TOCOMJPX response to spread of novel coronavirus] [JPX,TSE,OSE,JPX-R,JSCC,TOCOMTrading to Continue After the State of Emergency Declaration] [TSETSE to launch Investor Transcript Service] CME Group Reports All-Time High ADV for March and First-Quarter 2020 [JPX,TSE,OSETrading Overview in FY2019 & March 2020] We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter. FREE 90 day trial