December 6, 2005
Schiphol Oost, Netherlands - December 6, 2005
MarketXS, the leading provider of real-time market data technology and trading solutions, today announced that it has appointed Jan De Roeck as Chief Executive Officer.
MarketXS Founder Floris Alkemade comments: 'We are delighted that Jan has
accepted my personal invitation to come on board as CEO. The key ambition
for MarketXS is to further scale the business on an international level,
following the success we have had with hundreds of customers in our
region, with various major banks and since recently with major
inter-dealer brokers such as GFI Group. Jan is widely respected in our
industry for his deep knowledge of the market data and trading business,
commercial talent and strong network. We see Jan as the ideal person to
execute on MarketXS' strategy for growth, both on an autonomous basis and
through selected acquisitions, and to work with the rest of the team to
take MarketXS to the next level. I will continue to be actively involved
as founder, majority owner and member of the supervisory board in a
strategic business development role, with a focus on product development,
strategic partnerships, external growth and funding.'
Jan De Roeck joins MarketXS from ABN AMRO Bank, where he served until
recently as Executive Director and Global Head of the Wholesale Clients
'Finance to Finance' team out of Amsterdam, London and New York. In this
capacity Jan originated and executed various high-profile Corporate
Finance transactions in the market data industry, including the
acquisition of Telerate by Moneyline in 2001, the acquisition of Telerate
Benelux by MarketXS and the arranging of a simultaneous funding round in
2004, the acquisition of MTS by a joint venture of Euronext and Borsa
Italiana, and various advisory ships for among others Reuters, SWIFT and
the Australian Stock Exchange.
In an earlier position at ABN AMRO Bank, Jan was the Head of Global
Market Data & Dealing Room Technology. Prior to his years at ABN AMRO
Bank, Jan served in various senior Sales and Marketing positions at Dow
Jones Telerate, and prior to that at Rank Xerox.
As the new CEO for MarketXS, Jan De Roeck will have a specific focus on
solidifying relationships with existing customers and accelerating
autonomous growth by expanding relationships with the larger banks,
brokers and exchanges. In the next years MarketXS will further specialize
in delivering white-labelling technology for data distribution and order
routing; dealing room platforms (HMDP based on TRS technology) in
partnership with Hyperfeed; and MiFID compliance solutions based on the
hosted MarketXS infrastructure.
Says Jan De Roeck: 'I have known the team at MarketXS for quite some
time, and I have always been impressed with the job the company has done
in developing a full-featured market data distribution and order routing
platform from the ground up and building up a substantial customer base.
The founders have brought the company to its current status as a healthy,
self-sufficient operation, and I feel privileged to have the opportunity
to lead the company through its next growth phase.'
In the new Management Board set-up, Ronald Kleinveld will act as Chief
Operating Officer. In his current role as Managing Director, Ronald
already bears the responsibility of running the company's operations.
Former COO Marc Visser will take up the position of Chief Financial
Officer.
About MarketXS
MarketXS is a leading provider of real-time market data technology and
trading solutions. Over 350 customers use its high-availability market
data infrastructure, the Finance Engine(tm), to power terminals,
websites, transaction systems or any other real-time market data
application for front, middle or back-office with any source of data.
Rendering conventional market data systems obsolete, the Finance
Engine(tm) provides maximum flexibility, rapid deployment and low total
cost of ownership. MarketXS data sources include ComStock, Dow Jones
Newswires, Telerate, Standard & Poor's FT Interactive, etc. and direct
feeds from major exchanges and inter-dealer brokers. MarketXS has offices
in The Netherlands, Belgium, Luxembourg and Germany and is the exclusive
distributor of Telerate products in the Benelux region. MarketXS is also
the exclusive distributor in Europe, Middle East & Africa for the HMDP
(based on TRS technology) and OCC (based on Active8 technology) products
from Hyperfeed. For additional information please visit www.marketxs.com
For further information please contact:
MarketXS . Mehrnoesh Forouzandeh . mehrnoesh.forouzandeh@marketxs.com .
+31 (0)20 50 25 829