The real secret sauce to the success of Virtu has been, and always will be, our people. From the top down Virtu is made up of a phenomenal community. Our firm is built on our traders and developers. Our traders do not sell financial products to customers. They work as a team to develop and execute proprietary trading strategies which provide liquidity to the market. Our technologists are some of the best in the world. They are passionate about the financial markets and form a crucial part of our trading. Around this core group we have outstanding support teams including our IT, finance, compliance and facilities groups.
Virtu's leadership team is comprised of seasoned market professionals who have the vision and capacity to lead the global growth of our firm.
Vincent Viola Chairman and CEO Vincent Viola is the former Chairman of the New York Mercantile Exchange (NYMEX) and is one of the nation's foremost leaders in electronic trading. He is currently the Chairman and CEO of Virtu Financial. Mr. Viola started his career in the financial services industry on the floor of the New York Mercantile Exchange and rose to be Vice Chairman (1993-1996) and Chairman (2001-2004).
Mr. Viola has launched a number of successful businesses during his career, including Virtu Financial and a regional banking group in Texas that is now listed on NASDAQ (IBTX). Mr. Viola graduated from the U.S. Military Academy at West Point in 1977. He later graduated from the U.S. Army Airborne, Infantry and Ranger Schools and served in the 101st Airborne Division. In 1983, he graduated from the New York Law School. Shortly after September 11, 2001, Viola was instrumental in founding the Combating Terrorism Center at West Point, now in its tenth year of operation.
Douglas Cifu President and COO Douglas Cifu is the President and Chief Operating Officer of Virtu Financial and was one of the co-founders of Virtu in 2008. Prior to joining Virtu, Mr. Cifu was a Partner at the international law firm Paul, Weiss, Rifkind, Wharton & Garrison (Paul Weiss). At Paul Weiss, Mr. Cifu served as a member of the Management Committee, Deputy Chair of the Corporate Department and co-head of the Private Equity Group.
Highly regarded by peers, Mr. Cifu is recognized in Chambers USA and Legal 500 as a leading mergers and acquisitions lawyer for buyouts and private equity transactions. In 2006, Private Equity International included Mr. Cifu in its list of the 30 most influential lawyers currently working in global private equity, citing in particular his expertise in technology-driven sectors. He has also been recognized by Crain's New York Business in its "Technology 100," a listing of the top 100 persons working in technology in the New York area. Mr. Cifu completed his J.D. at Columbia Law School in 1990 and his B.A. from Columbia University in 1987 where he graduated magna cum laude.
Brian Palmer Global Head of Development Brian Palmer is the Head of Development at Virtu Financial. Mr. Palmer is a graduate of the California Institute of Technology. Throughout his career, he has worked on low latency, high performance algorithm development in various fields from biotechnology to finance.
Mr. Palmer joined Madison Tyler Holdings as a junior developer and has been promoted in the firm with roles including Head of Strategy Development, Partner and Managing Partner of the Austin office. Further, he played a key role in launching the European offices of the firm and continues to actively oversee software development and trading globally.
Chris Concannon EVP and Partner Chris Concannon is currently a Partner in Virtu Financial where he serves as an Executive Vice President. A recognized industry expert in market structure and the regulation of markets, Mr. Concannon is a regular participant on industry panels and has provided keen insights on market structure and technology as a member of the CFTC's Technology Advisory Committee and in testimony before the U.S. Congress.
Prior to joining Virtu in 2009, Mr. Concannon spent six years as Executive Vice President of the Nasdaq OMX Group. As an Executive Vice President, Mr. Concannon was responsible for overseeing all of Nasdaq OMX's US exchanges, including the Nasdaq Stock Market, Nasdaq BX and Nasdaq PHLX. Mr. Concannon was also the CEO of Nasdaq OMX Europe, Nasdaq OMX's multi-lateral trading facility in the UK. Prior to his career at Nasdaq OMX, Mr. Concannon was President of Instinet Clearing Services, Vice President and Associate General Counsel of Island ECN, Inc. Mr. Concannon was also a practicing attorney at Morgan, Lewis and Bockius LLP from 1997 to 1999 and the US Securities and Exchange Commission from 1994 to 1997. Mr. Concannon holds a bachelor's degree from Catholic University, an MBA from St. John's University and a JD from Columbus School of Law, Catholic University.
Joseph Molluso EVP and Chief Financial Officer Joseph Molluso is the Executive Vice President and Chief Financial Officer of Virtu Financial, Inc. and has served in such capacities since November 2013. Prior to joining Virtu, Mr. Molluso was a Managing Director in Investment Banking at J.P. Morgan from 2006 to 2013, where he provided strategic advice to financial institutions with a focus on market structure related companies.
Mr. Molluso started his career as an investment banker specializing in financial services companies in 1997 at Donaldson, Lufkin & Jenrette and its successor, Credit Suisse, where he helped establish the global financial technical group. During his investment banking career, Mr. Molluso was recognized by his peers and clients as one of the leading advisors to market structure companies and advised on some of the landmark transactions in the sector. Mr. Molluso received his M.B.A. from New York University in 1997 and his B.B.A. from Pace University in 1991.