John Shay is a financial servies and exchange executive who is the former senior vice president and global head of fixed income and commodities at Nasdaq. He took over the role on October 11, 2016, reporting to Hans-Ole Jochumsen, Nasdaq's president.
Shay left the organization in July of 2017 after less than 10 months on the job. Thomas Wittman, head of global trading and market services at Nasdaq, will take over Shay's responsibilities, Wittman said in a memo to clients.
Shay has more than 30 years of experience in the financial services industry. He founded the International Derivatives Clearing Group (IDCG) with Vincent Viola in March 2007 and served as chief marketing officer until it was acquired by LCH.Clearnet in August 2012. During this time he also served as a managing partner at Capital Market Services.
Before founding IDCG, Shay spent nearly 25 years, from 1982 until 2007, managing various businesses for ICAP.
Shay earned an M.B.A. from Columbia Business School, Columbia University and a B.B.A. from Pace University’s Lubin School of Business, graduating magna cum laude.
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