OptionsCity expands management team, names Jerald David as Chief Business Development Officer

Chicago, IL - 12 September 2012

OptionsCity Software, a leading provider of end-to-end electronic trading solutions, today announced the appointment of Jerald David as Chief Business Development Officer. Jerald will lead the sales and business development teams to further expand OptionsCity’s growing customer base and distribution network. Running the New York office and as a member of the management team, Jerald will also be responsible for the strategic direction and global expansion of the company.

“As we continue to solidify our position in the market and execute our planned expansion, we are excited to have attracted Jerry to head our business development efforts,” said OptionsCity CEO Hazem Dawani. “With over 15 years of leadership experience at futures and options exchanges, Jerry will play a key role in driving global growth and establishing OptionsCity in new sectors and global financial institutions.”

“This is a great time to be joining OptionsCity, especially at this stage of the company’s development. The company has a solid foundation, an innovative suite of products, and a growing base of customer support,” remarked Jerald David. “I am looking forward to leading the team that leverages the current infrastructure to grow the business.”

Jerald was most recently the Managing Director and Chief Administrative Officer of GreenX, an environmental commodities exchange acquired by CME Group. Prior to joining GreenX, Jerald served as a director or member of the management team at the Chicago Mercantile Exchange (CME), New York Mercantile Exchange (NYMEX), and Dubai Mercantile Exchange (DME).

At the DME, Jerald served as the Chief Marketing Officer and was instrumental in establishing the initial framework of the Dubai exchange from setup to launch, playing a leading role in generating volumes and building an international customer base. Immediately preceding his appointment at GreenX, Jerald was the Director of Alliance and Venture Management at the CME Group.

A graduate of Franklin and Marshall College in Lancaster, Pennsylvania, Jerald holds a B.A. in international business with a minor in government.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development