Simplex Trading Appoints Nancy Laethem Stern as General Counsel
14 Agosto 2024 - 10:00AM
Business Wire
Investment in leadership enhances operational
excellence for the innovative proprietary trading business
Simplex Trading, a leader in the proprietary trading and market
making industry, is pleased to announce the appointment of Nancy
Laethem Stern as Managing Director, General Counsel. Ms. Stern
joins the Simplex management team with oversight of the firm’s
legal and compliance functions and supporting the firm’s business
and growth strategies.
“I truly admire what Erik and the entire leadership team of
Simplex has built – a collaborative environment that best allows
our team of talented and expert traders to capture market
opportunities – and am excited to contribute to the next phase of
the firm’s growth,” Ms. Stern said. “I look forward to working in
partnership with Erik as we continue to focus on innovation,
automation and data-driven analysis and maximize the
ever-increasing potential of the firm.”
“Nancy is a highly accomplished leader and we are excited to
welcome her to the Simplex team,” added Simplex Trading CEO Erik
Swanson. “She brings extensive experience in building and growing
businesses, embracing innovation and navigating complex issues. I
am confident her operational excellence paired with an ability to
effectively manage an increasingly complex regulatory environment
will truly be an asset to our firm."
Ms. Stern joins Simplex from ABN AMRO Clearing USA where she
oversaw all U.S. legal matters for the registered broker-dealer and
futures commission merchant. Ms. Stern previously served as CEO,
COO and General Counsel at Allston Holdings, a leading proprietary
trading firm. During her nine-year tenure, she supported the
execution of Allston’s strategic business plan including oversight
of the sale of the firm. Prior to leadership roles within financial
services firms, Ms. Stern spent a combined 17 years at
Chicago-based Katten Muchin Rosenman LLP and Faegre Drinker Biddle
& Reath LLP where she focused on mergers and acquisitions,
corporate governance and securities law.
Since 2015, she has served as a non-executive director on the
Board of EXP, where she is the lead Director for governance
matters. Ms. Stern holds a Bachelor of Arts degree in economics and
a Juris Doctor degree, both from the University of Michigan.
Following the completion of her law degree, she clerked for the
Honorable Robert H. Cleland, U.S. District Judge in the Eastern
District of Michigan.
To learn more about Simplex Trading, visit
https://simplextrading.com/.
About Simplex Trading
Founded in Chicago in 2004, Simplex Trading is a leading,
technology-driven, proprietary trading firm and one of the top
market makers in U.S. equity options today. Simplex Trading works
with the most advanced technology and software in the market, and
focuses on innovation, automation, and data-driven analysis to
remain at the forefront of the market. Learn more at
simplextrading.com.
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