Mr. Donnelly was elected as a representative of ISE's Electronic Access Members. He has been a Managing Director and the Global Head of Electronic Volatility Trading for UBS Securities LLC since 2002. From 2000 to 2002, Mr. Donnelly was Executive Director, Co-Head of European Options Market Making, at Hull Trading UK Ltd., a subsidiary of Goldman Sachs. Mr. Donnelly is a graduate of Denison University, where he received a BA in Economics.
Mr. Koltes was elected as a representative of ISE's Competitive Market Makers. He has been an Executive Partner of the Archelon Group, serving as Executive Manager of Archelon LLC, a member of the Executive Board of Archelon Deutschland GmbH and as Vice Chairperson of the Executive Committee of Archelon Suisse GmbH since 1988. Mr. Koltes is also a member of Error Free Software LLC, an affiliate of Archelon. From 1985 to 1988, Mr. Koltes was a Senior Tax Associate at Kirkpatrick & Lockhart. Mr. Koltes also served as a judicial law clerk for the Honorable Darrell D. Wiles, US Federal Tax Court, from 1983 to 1985. Mr. Koltes holds an LLM in Tax from New York University and is a graduate of Dartmouth College and Western New England Law School.
