Board of Directors

Peter Quick has served as chairman of the board of directors since December 2010. Mr. Quick has been a member of the board of directors since December 2006 and was designated lead independent director in 2008. Since May 2005, Mr. Quick has acted as a private investor managing a diversified portfolio of public and private investments. From July 2000 to May 2005, Mr. Quick served as the president and member of the board of governors of the American Stock Exchange, or AMEX. Prior to joining the AMEX, Mr. Quick served from January 1983 to March 2000 as president and chief executive officer of Quick & Reilly, Inc., a leading national discount brokerage firm, which was acquired by Bank of America. Mr. Quick currently serves as a member of the board of directors of Medicure, Inc., a publicly held pharmaceutical company, the board of governors of St. Francis Hospital and Good Shepherd Hospice and the board of directors of the Jefferson Scholars Foundation at the University of Virginia. Mr. Quick received a B.S. in civil engineering from the University of Virginia.

Glenn H. Stevens has served as our president, chief executive officer, and member of our board of directors since June 2007. From February 2000 to May 2007, Mr. Stevens served as our managing director. From June 1997 to January 2000, Mr. Stevens served as managing director, head of North American sales and trading, at National Westminster Bank Plc (which was acquired by the Royal Bank of Scotland Group in 2000). From June 1990 to June 1997, Mr. Stevens served as managing director and chief forex dealer at Merrill Lynch & Co., Inc. Mr. Steven's Wall Street career began in 1984 at Bankers Trust Company. Mr. Stevens received a B.S. in finance from Bucknell University and an M.B.A. in finance from Columbia University.

Mark E. Galant has served as a member of the board since our founding in October 1999. Mr. Galant served as chairman of our board of directors from October 1999 to December 2010. Since October 2008, Mr. Galant served as chief executive officer and chairman of the board of directors of Tydall Trading LLC, a privately held high-frequency algorithmic trading firm. From October 1999 to June 2007, Mr. Galant served as our chief executive officer. From 1994 to 1999, Mr. Galant served as president of FNX Limited, an international provider of trading and risk-management systems. From 1991 to 1994, Mr. Galant served as global head of foreign exchange options trading at Credit Suisse. In May 2008, Mr. Galant founded the Galant Center for Entrepreneurship with the McIntire School of Commerce at the University of Virginia. Mr. Galant currently serves as a member of the board of directors Trader Tools, Inc. and Faros Trading, LLC. Mr. Galant received a B.S. in finance from the University of Virginia and an M.B.A. from Harvard Business School.

Joseph Schenk has served as a member of our board of directors since April 2008. Since June 2009, Mr. Schenk has served as senior managing partner of First NY Securities, LLC, a principal trading firm. From June 2008 to March 2009, Mr. Schenk served as chief executive officer of Pali Capital, Inc., a financial services firm. From January 2000 until December 2007, Mr. Schenk served as chief financial officer and executive vice president of Jefferies Group, Inc., a full-service investment bank and institutional securities firm. Mr. Schenk also served as senior vice president, corporate services, of Jefferies from September 1997 through December 1999. From January 1996 through September 1997, Mr. Schenk served as chief financial officer and treasurer of Tel-Save Holdings, Inc., (now Talk America Holdings, Inc.). From September 1993 to January 1996,Mr. Schenk served as Vice President, Capital Markets Group, with Jefferies. Mr. Schenk received a B.S. in accounting from the University of Detroit.

Susanne D. Lyons has served as a member of our board of directors since January 2009. From June 2004 to September 2007, Ms. Lyons served as executive vice president and chief marketing officer of Visa, USA. From 2003 to 2004, Ms. Lyons served as managing director of Russell Reynolds Associates, an executive search firm. From 1992 to 2001, Ms. Lyons served in various senior capacities at Charles Schwab & Co., including president of retail client services and chief marketing officer. At Fidelity Investments from 1982-1992, Ms. Lyons was responsible for marketing multiple business lines including brokerage and retirement products. She has been recognized for her business leadership in several significant forums, including San Francisco Financial Woman's Association "Woman of the Year" in 1999 and as one of Ad Age's Top 50 Marketers. Ms. Lyons received a B.A. from Vassar College and an M.B.A. from Boston University.

Christopher W. Calhoun has served as a member of our board of directors since October 2010. From April 2009 to October 2010, Mr. Calhoun served as our part-time senior advisor. From June 2008 to April 2009, Mr. Calhoun served as our managing director. From December 2005 to July 2008, Mr. Calhoun served as our chief operating officer. From November 2000 to December 2005, Mr. Calhoun served in various positions with us, including vice president of operations and vice president of business technology. From March 1992 to March 2000, Mr. Calhoun served in a number of executive level roles, including chief operating officer, at FNX Limited, a privately-held provider of trading and risk management solutions to the international financial community. Mr. Calhoun currently serves on the board of directors of SciVantage, Inc. Mr. Calhoun received a B.S. in finance and an M.B.A. from La Salle University.

Christopher S. Sugden has served as a member of our board of directors since April 2006. He is Managing Partner and Chairman of the investment committee of Edison Venture Fund, a venture capital fund. Since May 2007, Mr. Sugden has served as a general partner of Edison Venture Fund. From April 2002 to May 2007, Mr. Sugden held various positions with Edison Venture Fund, including partner and principal. From January 1999 to December 2001, Mr. Sugden served as executive vice president and chief financial officer of Princeton eCom, a privately held financial services software company. Mr. Sugden currently serves as a member of the board of directors of Billtrust, Inc., Business Financial Services, Inc., Folio Dynamix, Inc., IPP of America, Inc., Operative Media, Inc., Trader Tools, Inc., and SciVantage, Inc. A certified public accountant, A certified public accountant, Mr. Sugden received a B.A. in accounting, with honors, from Michigan State University.

Since 2007, Mr. Bevilacqua has served as a Managing Director and Group Co-Leader, Information Technology, with VantagePoint Capital Partners. Prior to joining VantagePoint, Mr. Bevilacqua served from 1998 to 2003, as ExecutiveVice President of E*TRADE Financial in charge of Corporate Development and Strategy. While at E*TRADE, Mr.Bevilacqua founded ArrowPath Ventures, an early stage venture capital fund that was later spun out. Mr. Bevilacqua served as the Managing Partner of ArrowPath from 2000 through 2007. Mr. Bevilacqua currently serves as a member of the Board of Directors of WageWorks, Inc., InnoPath Software, Inc, Livescribe, Inc and EndPlay, Inc. Mr. Bevilacqua received a B.S, in Business Administration from the University of California at Berkeley and a J.D. from the University of California in San Francisco (Hastings College).