Thomas W. Farley
|Alma mater||Georgetown University|
Thomas W. Farley (born December 10 1975) is an American banker. He serves as the CEO of Far Point Acquisition Corp. He previously served as the president of the NYSE Group, including the New York Stock Exchange.
The New York Stock Exchange is an American stock exchange located at 11 Wall Street, Lower Manhattan, New York City, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately US$169 billion in 2013. The NYSE trading floor is located at 11 Wall Street and is composed of 21 rooms used for the facilitation of trading. A fifth trading room, located at 30 Broad Street, was closed in February 2007. The main building and the 11 Wall Street building were designated National Historic Landmarks in 1978.
Thomas W. Farley was born December 10, 1975.He graduated from Gonzaga College High School as a member of the class of 1993. He graduated from Georgetown University, where he received a bachelor of arts degree in political science. He received a Chartered Financial Analyst certification from the CFA Institute.
Gonzaga College High School, originally Washington Seminary, is a Jesuit high school for boys located in Washington, D.C. It is named in honor of St. Aloysius Gonzaga, an Italian saint from the 16th century. Gonzaga is the oldest boys' high school in the District of Columbia and also the oldest college in the original federal city of Washington.
Georgetown University is a private research university in the Georgetown neighborhood of Washington, D.C. Founded by Bishop John Carroll in 1789 as Georgetown College, the university has grown to comprise ten undergraduate and graduate schools, among which are the School of Foreign Service, School of Business, Medical School, Law School, and a campus in Qatar. Located on a hill above the Potomac River, the school's main campus is identifiable by its flagship Healy Hall, a National Historic Landmark.
The Chartered Financial Analyst (CFA) Program is a professional credential offered internationally by the American-based CFA Institute to investment and financial professionals. It has the highest level of international legal and regulatory recognition of finance-related qualifications. The program covers a considerably wide range of topics relating to advanced investment analysis, quantitative finance, security analysis, fixed income, derivatives, economics, financial analysis, corporate finance, alternative investments and portfolio management, and provides a generalist knowledge of other areas of finance.
Farley worked for Montgomery Securities, an investment bank, and Gryphon Investors, a private equity firm.He served as the chief financial officer, chief operating officer and later president of SunGard Kiodex, the derivatives advisory subsidiary of SunGard.
Montgomery Securities was an investment bank based in San Francisco, California, that specialized in high technology and health care sectors. The firm was founded in 1978 by Thom Weisel.
In finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often simply called the "underlying". Derivatives can be used for a number of purposes, including insuring against price movements (hedging), increasing exposure to price movements for speculation or getting access to otherwise hard-to-trade assets or markets. Some of the more common derivatives include forwards, futures, options, swaps, and variations of these such as synthetic collateralized debt obligations and credit default swaps. Most derivatives are traded over-the-counter (off-exchange) or on an exchange such as the New York Stock Exchange, while most insurance contracts have developed into a separate industry. In the United States, after the financial crisis of 2007–2009, there has been increased pressure to move derivatives to trade on exchanges. Derivatives are one of the three main categories of financial instruments, the other two being stocks and debt. The oldest example of a derivative in history, attested to by Aristotle, is thought to be a contract transaction of olives, entered into by ancient Greek philosopher Thales, who made a profit in the exchange. Bucket shops, outlawed a century ago, are a more recent historical example.
SunGard was an American multinational company based in Wayne, Pennsylvania, which provided software and services to education, financial services, and public sector organizations. It was formed in 1983, as a spin-off of the computer services division of Sun Oil Company. The name of the company originally was an acronym which stood for Sun Guaranteed Access to Recovered Data, a reference to the disaster recovery business it helped pioneer. SunGard was ranked at 480th in the U.S. Fortune 500 list in the year 2012.
Farley became the president of the Intercontinental Exchange (ICE) and chief operating officer of the ICE Futures U.S. in 2007.He later served as senior vice president of financial markets at the ICE.
Intercontinental Exchange (ICE) is an American company that owns exchanges for financial and commodity markets, and operates 12 regulated exchanges and marketplaces. This includes ICE futures exchanges in the United States, Canada and Europe, the Liffe futures exchanges in Europe, the New York Stock Exchange, equity options exchanges and OTC energy, credit and equity markets...
Farley served as the chief operating officer of the NYSE Group from November 2013 to May 2014.He has served as its president since May 2014. He is a proponent of keeping its equity trading floor.
NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.
The Nasdaq Stock Market is an American stock exchange. It is ranked second on the list of stock exchanges by market capitalization of shares traded, behind only the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S. stock and options exchanges.
Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City. With offices in more than 42 countries and more than 60,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 67 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
TMX Group Limited is a Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges. The company provides services encompassing listings, trading, clearing, settling and depository facilities, information services as well as technology services for the international financial community.
Euronext N.V. is a European stock exchange with registered office in Amsterdam and corporate headquarters at La Défense in Greater Paris which operates markets in Amsterdam, Brussels, London, Lisbon, Dublin, Oslo and Paris. With around 1,500 listed companies worth €4.1 trillion in market capitalisation as of end July 2019, Euronext is the largest stock exchange in continental Europe. In addition to cash and derivatives markets, Euronext provides listing market data, market solutions, custody and settlement services. Its total product offering includes equities, exchange-traded funds, warrants and certificates, bonds, derivatives, commodities and indices as well as a foreign exchange trading platform.
Ceridian HCM, Inc. is an American provider of human resources software and services with employees in the USA, Canada, Europe, Australia and Mauritius. It is a publicly traded company on the New York Stock Exchange as of April 2018.
NYSE Euronext, Inc. was a Euro-American multinational financial services corporation that operated multiple securities exchanges, including the New York Stock Exchange, Euronext and NYSE Arca. NYSE merged with Archipelago Holdings on March 7, 2006, forming NYSE Group, Inc. On April 4, 2007, NYSE Group, Inc. merged with Euronext N.V. to form the first global equities exchange, with its headquarters in Lower Manhattan. The corporation was then acquired by IntercontinentalExchange, which subsequently spun off Euronext.
Options Clearing Corporation (OCC) is a United States clearing house based in Chicago. It specializes in equity derivatives clearing, providing central counterparty (CCP) clearing and settlement services to 16 exchanges. Started by Wayne luthringshausen and carried on by Michael Cahill, trust in the company was built. Instruments include options, financial and commodity futures, security futures and securities lending transactions.
Keefe, Bruyette & Woods, Inc., a Stifel Company, is an investment banking firm headquartered in New York City, specializing exclusively in the financial services sector. KBW's primary business lines include Research, Corporate Finance, Equity Sales and Trading, Equity Capital Markets, Debt Capital Markets, and Asset Management.
Healthpeak Properties, Inc. formerly HCP, Inc. is a diversified real estate investment trust (REIT) that owns and develops healthcare real estate within the United States for Life Science, Senior Housing and Medical Office. As of 2018, the company owns over $20 billion in assets.
Oscar N. Onyema is the Chief Executive Officer of the Nigerian Stock Exchange, a position he assumed on 4 April 2011. Prior to this role, he served for over 20 years in United States financial markets and the Nigerian information technology sector. Onyema is the Chairman of Central Securities Clearing System (CSCS) Plc, the clearing house for the Nigerian capital market; he is also a Council member of the Chartered Institute of Stockbrokers of Nigeria (CIS). He is the President of the African Securities Exchanges Association, and a Global Agenda Council member of the World Economic Forum..
Black Knight, Inc., formerly known as Black Knight Financial Services, is an American corporation that provides integrated technology, services, data and analytics to the mortgage and real estate industries. On January 3, 2014, Fidelity National Financial acquired Lender Processing Services (LPS) and renamed it to Black Knight Financial Services. On October 2, 2017, upon the completion of a distribution by Fidelity National Financial of its equity interest in Black Knight Financial Services, Inc., the company rebranded as simply Black Knight.
Duncan L. Niederauer is an American businessman. He served as the Chief Executive Officer of the New York Stock Exchange until September 2014.
The Consolidated Stock Exchange of New York, also known as the New York Consolidated Stock Exchange or Consolidated, was a stock exchange in New York City, New York in direct competition to the New York Stock Exchange (NYSE) from 1885–1926. It was formed from the merger of other smaller exchanges, and was referred to in the industry and press as the "Little Board." By its official formation in 1885, its membership of 2403 was considered the second largest membership of any exchange in the United States.
Rodney O. "Rod" Martin Jr. is an American business executive. He serves as the chairman and chief executive officer of Voya Financial, Inc., a Fortune 500 financial services company based in New York, New York.
Stacey Cunningham is a banker, and the 67th president of the New York Stock Exchange (NYSE). She is the second female president of the NYSE. Catherine Kinney was the first.
The Members Exchange (MEMX) is an independently owned, technology-driven stock exchange founded by members to serve the investing public. The founding members, which include nine major financial organizations, seek to transform markets around the goals of transparency, innovation, and competition in order to align exchange services with the interests of market participants. It is the only member-owned equities trading platform, and competes with the major equity exchanges: NYSE, Nasdaq, and CBOE.