National Stock Exchange, Inc. (NSX), wholly-owned by the CBOE Stock Exchange, LLC (CBSX), announced today the appointment of William Karsh as Special Advisor.
Karsh's expertise in electronic trading and market structures, plus his extensive industry experience, will help spearhead the exchange's strategic growth initiatives.
Prior to joining NSX, Karsh served as CEO and COO of Direct Edge Stock Exchange, Inc., where he introduced the dual exchange model and Enhanced Liquidity Program. He has held other senior executive positions at Knight Trading Group, UNX Inc., Trading Services Group, Inc., Sun America and the National Discount Brokers Group.
"NSX is building a deeper management team to drive our continued growth," said Francis T. Corcoran, NSX President and Chief Administrative Officer. "As evidenced by the addition of Bill Karsh, we are adding individuals who possess a strong entrepreneurial spirit and a wealth of experience in exchange operations, electronic trading and technology."