He joined Goldman in January 2015 as head of equities electronic execution services.
Mahajan was appointed CEO of Allston Trading, a Chicago-based proprietary trading firm, in September of 2012, replacing Carlton Jones, who moved to chairman and also retained the title of president.
He previously served as president of SunGard's Brass business unit. He was credited with changing Brass from an organization focused on new sales to one dedicated to better serving the needs of existing customers.
Prior to Kiodex, Mahajan held executive positions at Goldman Sachs & Co. as an investment banker and principal investor. During his career at Goldman Sachs, he helped to launch Goldman Sachs Power, the firm's electricity trading and risk group, and was part of the team that founded Orion Power Holdings, a Goldman Sachs portfolio investment company.
Mahajan earned his BA degree in Economics at the University of California at Berkeley. He was awarded a Ford Foundation fellowship, earning an MPA degree at Princeton University’s Woodrow Wilson School of Public and International Affairs.
John Lothian News Interview
Raj Mahajan, Allston Trading CEO, Talks HFT and the Business of Prop Trading Raj Mahajan took the reins at Allston Trading as CEO in September 2012 and has spent a good deal of his time looking at the issue of high frequency trading (HFT). Allston has been one of the proprietary trading firms who has been willing to publicly discuss HFT, regulation and the future of that form of trading. Mahajan spoke with JLN’s editor-in-chief Jim Kharouf about HFT as well as the business challenges and opportunities for prop firms.
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