"Richard Jaycobs has more than 20 years experience in technology and the futures industry. His expertise is a great addition to CCorpâs current management team," said Clearing Corporation President and CEO Dennis Dutterer.
Prior to joining onExchange, Mr. Jaycobs created Acknowledge Systems, LLC, to develop trading engines and market database applications using Web technologies. Before founding Acknowledge Systems, he served as Director of Business Development at the investment firm Computer Trading Corporation. From 1993 through 1995 Mr. Jaycobs was the Chief Technology Officer at Tudor Investment Corporation, and from 1986 until 1993, he was the Managing Director of the Financial Instrument Exchange (FINEX) in New York. Mr. Jaycobs also founded the Futures Industry Association's Information Technology Division.