Jonathan Kellner, a veteran of brokerage Instinet, was picked to lead the U.S. stock exchange that some of Wall Street’s biggest traders are building.
He starts immediately as chief executive officer of the Members Exchange, according to a statement Feb. 27.
Kellner spent more than a decade at Nomura Holdings Inc.’s Instinet, running its U.S. trading division before serving as CEO from 2014 to 2018. He left last year intending to oversee cryptocurrency exchange Coinbase’s attempt to drum up more business from institutional customers, but that fell through when Coinbase scaled back the project.
The Members ...