Direct Edge Names CIO, Promotes Others


Exchange operator Direct Edge has hired Saro Jahani as its CIO, replacing CTO Steven Bonanno, who announced his departure in March 2011. Jahani, who had been CIO of the National Stock Exchange (NSX), will report directly to William O'Brien, CEO of Direct Edge.

"Saro is an important addition to our management team and understands the balance between technological innovation and systemic integrity that is crucial to operating a successful registered stock exchange," says O'Brien.

According to

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