KCG Holdings Hires Former 3Red Trading Chief Technology Officerby
Ryan Long joins as trading firm makes senior technology hires
Long also previously worked at Chicago-based Citadel
KCG Holdings Inc. hired the former chief technology officer of 3Red Trading LLC, as it adds technology veterans to its staff.
Ryan Long started working at KCG last week, according to company spokeswoman Sophie Sohn. Long is based in KCG’s Chicago office and will be working on the firm’s trading software, she said.
Long worked at Chicago-based 3Red from November 2011 to July of this year, and previously was a developer at Citadel, according to his LinkedIn profile. 3Red and its founder Igor Oystacher are fighting the U.S. Commodity Futures Trading Commission in federal court over charges of manipulative trading. 3Red and Oystacher deny any wrongdoing in the case.
KCG, with trading strategies that depend on sophisticated software algorithms, has been building up its technology staff. The Jersey City, New Jersey-based company earlier this year hired Sonny Baillargeon as head of infrastructure, Sohn said. Baillargeon previously worked at Citadel, according to his LinkedIn profile. KCG has also hired Brian Freyburger, a senior developer from Hudson River Trading LLC, and Mike Blum, who had been chief technology officer at high-speed trading firm Teza Technologies LLC. Blum previously worked as head of execution services at Getco, a company that pioneered high-speed trading and formed KCG in a merger with struggling Knight Capital Group Inc. in 2013.