National Stock Exchange(R), Inc. (NSX(SM)) today announced the appointment of Peter J. Martyn as Vice President of Customer Services and the promotion of Yizhaq "Zak" Pinhas to Vice President and Director of Development.
Mr. Martyn will drive NSX's customer service initiatives in this newly created position, serving as the liaison between the Exchange's sales staff and the technology area to see that the needs of NSX customers are met.
Mr. Pinhas joined NSX in March 2006 as Director of Development in NSX's technology area. He has been instrumental in the design and development of NSX's new state-of-the art technology platform -- NSX BLADE(SM) and the NASD/NSX Trade Reporting Facility.
"The execution of NSX's new business plan requires a dedicated, best-in-class team to bring it to fruition," said NSX CEO and Chairman of NSX Holdings, Inc. "In the past year, Zak Pinhas has demonstrated that he is a key player on this team and his contributions continue to grow. The addition of Peter Martyn to our staff brings a new depth of experience to the Exchange and fortifies NSX's number one commitment to customer service."
Before joining NSX, Mr. Martyn worked at the Nasdaq Stock Market for 14 years, most recently as Managing Director for Nasdaq Transaction Sales. His experience at Nasdaq focused largely on the areas of customer service, sales and product development, and included positions as Vice President, Nasdaq Trading and Market Services; Vice President, Service Development; and Vice President, SuperMontage Program Management. Earlier in his career he worked as a Manager at JP Morgan/Morgan Guarantee; an Analyst at the National Association of Securities Dealers, and an Analyst at CC PACE (Cabot Consulting Group). He has a Bachelor of Science Degree in Business Administration from Manhattan College, Riverdale, NY.
Mr. Pinhas was Director of the Application Services Group at the Nasdaq Stock Market from 2004 until 2006, when he came to NSX. He worked for Sungard Business Integration, a division of Sungard Data Systems, from 1997 to 2004, most recently as Director of Research and Development. Before that, he served as Software Project Officer for the Israel Air Force, IDF. He has a Master of Science Degree in Computer Science and Bachelor of Science Degree in Mathematics and Computer Science, both from BAR-ILAN University in Israel.
In 2006, NSX implemented a new business strategy, which culminated in the last quarter of the year with the launch of NSX BLADE(SM) and the NASD/NSX Trade Reporting Facility. The new platform was built from the ground up to meet the speed, price and service needs in a post-Regulation NMS environment. It was designed to accommodate the broadest range of users, including OTC Market Makers, ECNs, algorithmic traders and agency brokers.
NSX, the nation's first all-electronic stock exchange, is the cost-effective provider of exchange services. Having replaced its physical trading floor with a completely automated market in 1980, NSX has been a model of exchange efficiency and a driving force for change in the world of securities exchanges. Founded in 1885, NSX continues to lead the way in exchange innovation. For more information, visit NSX's website at http://www.nsx.com.
