The all-electronic National Stock Exchange (NSX) in the US has named Saro Jahani as its new senior vice president of information technology.
Jahani was most recently global head of infrastructure, operations and facilities at Lehman Brothers subsidiary Townsend Analytics.
At Townsend Jahani was responsible for the strategic and global operation of data centre facilities, data centre operations and operational quality of a high volume and distributed production environment.
Prior to this Jahani served as executive vice president of IT Operations at SunGard where was responsible for information systems/IT and production operation, including the continuous development and planning of the vendor's production network, security, telecommunication and office automation, ASP and data centres. Before this role Jahani served as CIO at SunGard in Sweden.
Jahani's work experience also includes IT positions at Cap Gemini, Swedish Telecom and Crosfield Electronics.
In his new role Jahani is responsible for the operation of NSX's IT production systems and related functions.
In 2006 NSX completed an operations overhaul and launched a new state-of-the-art technology platform, called NSX Blade, and trade reporting facility NASD/NSX.
NSX says the platform was built from the ground up to meet the speed, price and service needs in a post-Regulation NMS environment and to accommodate the broadest range of users, including ECNs, algorithmic traders and agency brokers.
In Septemeber 2006 Wall Street banks Bear Stearns, Citigroup, Credit Suisse and Merrill Lynch, along with e-trading firms Bloomberg and Knight Capital, acquired a majority equity stake in the NSX.