Thomas Ascher

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Thomas Ascher
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Occupation Executive Chairman of the Board
Employer Quantitative Brokers
Location New York, NY USA
Twitter @tom_ascher
LinkedIn Profile

Tom Ascher is a financial markets professional who has served in leadership positions at U.S. options exchanges as a member and employee.[1]

He is the executive chairman of the board of Quantitative Brokers, a technology company that offers advanced algorithms and data-driven analytics to clients in the futures and US Cash Treasury markets. He was named to that role in December 2017.[2] [3]

He was the chief strategy officer and head of the corporate initiatives division of International Securities Exchange from 2005 until the exchange was acquired by Nasdaq in June 2016.[4][5] In that role, he was responsible for identifying, analyzing and instituting businesses that may provide ISE with growth opportunities. The corporate initiatives division managed ISE’s new business development, including strategic planning.[6] In his role at ISE, Ascher also served as a director at Hanweck Associates, where he led ISE's investment in that firm.

From 2013 to 2016, he also served as president and CEO at the pari-mutuel software firm Longitude LLC.

Background[edit]

Before joining ISE, Ascher served as CEO of Nasdaq-Liffe Markets (NQLX), one of two single stock futures exchanges.[7][8]

Before NQLX Ascher served as an executive vice president of Interactive Brokers LLC, part of the Interactive Brokers Group LLC. He was a member of Interactive Brokers’ steering committee and oversaw the company’s initiative to offer options linkage.[9]

He also has worked as an options market maker at the Chicago Board Options Exchange, where he served as vice chairman of the Board,[10] and chairman of the Executive Committee.

Additionally, Ascher served on the Options Clearing Corporation nominating committee (2001-2002), was a trustee on the Cincinnati Stock Exchange (1997-2001), and a member and committee chairman of the Economic Club of Chicago.[11]

Before 1986, Ascher was with the Pillsbury Company in New York, where he traded spot and forward cash market commodities from 1984 to 1986.[12]

Education[edit]

He is a graduate of Carleton College in Minnesota.[13] Ascher also attended University de Pau, Pau, France.[14]

MarketsWiki Education[edit]

Ascher participated in the MarketsWiki Education World of Opportunity series in New York at Nasdaq in July of 2017.

References[edit]

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