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DBOT Names Mr. Joseph L. Valenza Chief Revenue Officer and PresidentWILMINGTON, Del., Nov. 6, 2019 /PRNewswire/ -- The Delaware Board of Trade Holdings Inc., ("DBOT" or the "Company") a wholly-owned subsidiary of Ideanomics Inc. (Nasdaq: IDEX) is pleased to announce that Mr. Joseph L. Valenza has been appointed Chief Revenue Officer and President of Delaware Board of Trade Holdings, Inc. Mr. Valenza has over 25 years of experience in the financial services industry. He brings to DBOT substantial knowledge of technology, exchanges and regulations, and will drive innovation, strategic planning, and optimization for DBOT. "DBOT sees the strategic opportunity to grow the existing business by building the next generation of digital solutions and utilizing technology to deliver a hybrid of traditional and digital securities solutions," said Mr. Joseph Valenza. "I'm delighted to be onboard with John and the team at this exciting time." Mr. Valenza's experience includes senior roles in fundamental departments such as sales, systems development, and execution. He began his career at Pershing & Co, working his way up to senior roles in New York, and Boston where he was in charge of Retail and Correspondent Equity and Option Trade execution at Fidelity Capital Markets. In Chicago, Joe served as Senior Vice President and CEO at Knight Execution Partners, a division of Knight Securities (now VIRTU Financial), in charge of floor operations on the American Stock Exchange (AMEX), Chicago Board Options Exchange (CBOE), and Pacific Exchange (PCX). Mr. Valenza also held senior roles at Goldman Sachs and Lehman Brothers. He is currently a Wall Street Committee Member of St. Jude's Children's Research Hospital. The Delaware Board of Trade Holdings Inc. operates three companies: (i) DBOT ATS LLC, their SEC recognized Alternative Trading System; (ii) DBOT Issuer Services LLC, focused on setting and maintaining issuer standards, as well as the provision of issuer services to DBOT designated issuers; and (iii) DBOT Technology Services LLC, focused on the provision of market data and marketplace connectivity. "Joe brings a wealth of experience to DBOT. From traditional trading businesses and the vision to drive DBOT's digital solutions and next generation of fintech growth, his experience will be instrumental in DBOT's next phase of growth and market leadership," said John Wallace, Chairman of DBOT, and Ideanomics Board member. "We have invested heavily in systems and sales development in recent months and, with the addition of Joe, we now have the tools, technology, and leadership to take DBOT to the next level." DBOT ATS, LLC operates an SEC-recognized Alternative Trading System that facilitates transactions of secondary trading of corporate equity securities. These include ETFs, REITs, and ADRs, secondary trading of private company stock, restricted stock, unlisted or unregistered warrants, convertible debt, preferred instruments, employee stock options, and 144 stock; and as well operates a funding portal to allow issuers to offer Regulations A+ and D offerings. About Delaware Board of Trade About Ideanomics Ideanomics, through its investments, along with its partners curate innovation around the globe through hubs and centers that foster a pipeline of technological excellence in cleantech, fintech, tradetech, agritech, regtech, insuretech, playtech, healthtech, cyber security, and more. The company is headquartered in New York, NY, and has offices in Beijing, China. It also has a planned global center for Technology and Innovation in West Hartford, CT, named Fintech Village. Safe Harbor Statement Investor Relations and Media Contact View original content:http://www.prnewswire.com/news-releases/dbot-names-mr-joseph-l-valenza-chief-revenue-officer-and-president-300952785.html SOURCE Ideanomics |