FIA to Feature MayStreet in Innovators Pavilion at Futures & Options Expo09.20.2016
BUSINESS WIRE – NEW YORK – FIA announced that MayStreet is one of 18 companies chosen to exhibit in the 2016 Innovators Pavilion at the Futures and Options Expo in Chicago on Oct. 18-20. Innovators Pavilion showcases startup companies providing forward-thinking solutions for futures, options and cleared swaps.
MayStreet specializes in cutting-edge market-access and data analytics software for latency-sensitive capital market firms needing high-precision, affordable, fast-time-to-market solutions.
Led by CEO Patrick Flannery and COO Michael Lehr, MayStreet was chosen from a competitive pool of applicants. According to the FIA, only five of the 18 Innovators will be chosen to take part in a Meet the Innovators competition in which each company will have five minutes to pitch its services to Expo attendees. Following the competition, a panel of judges will select one company as the FIA Innovator of the Year and award that firm a prize of cash and other resources valued at more than $20,000.
“Progress in our industry is being driven by forward-thinking companies like MayStreet,” said Rob Creamer, FIA board member and chairman of the FIA Principal Traders Group, who chaired the Innovators Pavilion selection committee. “Through Innovators Pavilion, FIA is forging networks between pioneering startups, a diverse community of market participants and venture capitalists focused on fintech.”
With more than 5,000 people attending each year, FIA Expo is the largest worldwide gathering of derivatives industry professionals, including executives from brokerage firms, exchanges, trading firms and service providers. View the full list of FIA Innovators here.
This past July, MayStreet was selected as the leading innovator by a panel of industry judges at the 7th annual Summer Trading Network, co-hosted by Markets Media and Google Cloud Platform at Google’s Chelsea Market NYC headquarters.
This opens the door for the delivery of the first live intraday repo market.
Cloud-enabled infrastructure delivers a 10% performance improvement for participants.
Technologists can accelerate delivering software to power trading, risk management, and compliance.
A CBDC network may offer operational efficiencies, enhanced transparency and reporting capabilities.
Saphyre’s AI platform allows data to be entered once for simultaneous access.