Options Xchange Group
Leadership Team

Built by Market Practitioners

Decades of experience building, operating and advising the world’s leading markets.

Peter Maragos

Peter Maragos

Founder & Chief Executive Officer

Co-Founder, Former CEO of DASH Financial Technologies

Peter is the co-founder and former CEO of DASH Financial Technologies, a leading capital markets technology provider specializing in options trading infrastructure. Since establishing the company in 2009, he has transformed it into an industry pioneer renowned for advancing routing transparency, execution optimization, and agency-only brokerage services. Maragos began his career as an options market maker on the floors of the CBOE and AMEX with Tahoe Trading LLC, later serving as CEO of Liquidity Port and SDS Financial Technologies. Peter also served as a Member Director on the Board of the Options Clearing Corporation.

James Hyde

James Hyde

Co-Founder & Chief Revenue Officer

Former SVP, NYSE Options; Vice Chairman, AMEX

James is a veteran options executive most recently leading Business Development for NYSE Options at the New York Stock Exchange (ICE), managing platforms like NYSE American and Arca. He spent over 20 years at the American Stock Exchange as Vice Chairman, Senior Supervisory Officer, registered trader, and founder of market-maker TAHOE Trading, with later roles at Integral Derivatives and Kellogg Group. He served as 2024 STA Chair, past STA Board Chairman, President Emeritus STANY.

Sean Feeney

Sean Feeney

Chief Strategy Officer

Former Head of US Options, Nasdaq

Sean is a long-serving options trading executive who most recently served as Vice President and Head of US Options at Nasdaq, leading business management of Nasdaq's US Options Exchanges, including product strategy, sales, and market development. He joined Nasdaq in 2016, advancing through options product strategy and sales roles, and contributed to industry groups like the Security Traders Association's Listed Options Committee and OPRA Management Committee.

Tom Reina

Tom Reina

Chief Technology Officer

Former Head of Exchange Technology at IEX. Former NYSE, ISE

Tom is a highly experienced technology executive who most recently served as Senior Vice President and Head of Exchange Technology at IEX (Investors Exchange), where he aligned technology priorities with business strategy, oversaw trading platform development, and supported IEX's innovative fair and transparent market structure initiatives. With over two decades leading technology teams in financial services, he previously held roles at NYSE and as Chief Technology Officer at International Securities Exchange (ISE) Holdings.

Clare Saperstein

Clare Saperstein

Chief Legal Officer

Former Head of Equities, NYSE

Clare is a seasoned legal and market structure executive who served as Head of Equities at the New York Stock Exchange. In addition to overseeing market structure policy and strategy, product development, and relationship management across NYSE's equity exchanges, TRF, Global OTC, and SIAC, she also held senior legal and regulatory positions during her tenure at NYSE. Earlier, she was a litigation associate at both Patterson Belknap, Webb & Tyler and Cadwalader, Wickersham & Taft.

Billy Mullins

Billy Mullins

CISO & Head of Engineering

Former Head of Engineering, SEC Consolidated Audit Trail. Former Goldman Sachs

Billy Mullins is a technology and security executive with over 25 years of broad experience. At Thesys CAT he led delivery of the first petabyte-scale SEC Rule 613 platform, reporting to the SEC and every U.S. options exchange, and contributed to a security posture presented in U.S. congressional testimony. Earlier he developed valuation systems for energy derivatives and credit at Macquarie Group and worked in equities engineering at Goldman Sachs, after early work in low-latency trading.

Experience. Independence. Oversight.

A non-executive board of seasoned leaders with deep expertise across markets, finance and technology.

Tom Ascher

Tom Ascher

Veteran Exchange Executive & Fintech Advisor

Tom is a veteran executive and advisor in financial markets and trading technology, currently serving as a Member of the Board at Adroit Trading Technologies and Member of the Board of Advisors at Centana Growth Partners. With over 30 years of experience, he previously held key leadership roles including Executive Chairman at Quantitative Brokers (majority-owned by Deutsche Börse), Chief Strategy Officer at the International Securities Exchange (ISE), CEO of Nasdaq-Liffe Markets, and Vice Chairman of the Chicago Board Options Exchange (CBOE) board after starting as a floor trader.

Steven Begleiter

Steven Begleiter

Veteran Private Equity Executive; Vice Chairman, Flexpoint Ford

Steven is a veteran private equity executive who serves as Vice Chairman at Flexpoint Ford, a firm focused on financial services and healthcare investments. He joined as Managing Director in 2008 after 24 years at Bear Stearns & Co., where he was Senior Managing Director, a member of the Management and Compensation Committee, led Corporate Strategy, oversaw Asset Management, and advised on M&A and financing in the Financial Institutions Group. He is also an independent director at MarketAxess Holdings Inc. (since 2012) and holds other board roles.

Rob Cornish

Rob Cornish

CTO, Galaxy; Former CTO, Gemini; Former CIO, NYSE; Former CIO, ISE Holdings

Rob Cornish is a seasoned fintech and technology executive who currently serves as Chief Technology Officer at Galaxy. He previously founded and served as CEO of Fierce (acquired by Galaxy in 2024), a fintech super-app for banking, investing, and crypto. He was Chief Technology Officer at Gemini, leading development of Gemini Custody and Gemini Dollar. Earlier, he served as Chief Information Officer at the New York Stock Exchange and CIO at ISE Holdings.

Kathleen DeRose

Kathleen DeRose

Leading FinTech Expert & Finance Professor

Kathleen DeRose (CFA) is a leading fintech expert and finance professor who serves as Clinical Associate Professor of Finance at NYU Stern, directing the Fubon Center for Technology, Business, and Innovation, leading the FinTech Initiative, and acting as Academic Director of the MS in FinTech program. She holds non-executive director roles including Chair of the Risk Committee at London Stock Exchange Group (LSEG), and board positions at Voya Financial, Experian (Chair of Remuneration Committee), and Enfusion.