Robert Greifeld, MBA '87
President and Chief Executive Officer, The Nasdaq Stock Market, Inc.
Robert Greifeld is President and Chief Executive Officer of The Nasdaq Stock Market, Inc. (NASDAQ), the largest U.S. electronic stock market. Since joining NASDAQ in May 2003, Mr. Greifeld rapidly took steps to sharpen the company’s strategic direction, focusing its mission on being the premier U.S. equities market. This included an emphasis on providing the most efficient, transparent trading platform for investors by leveraging NASDAQ’s fundamental market structure advantage; capturing the majority of U.S. IPOs, and attracting listings from competitive exchanges.
Mr. Greifeld has led a significant enhancement of NASDAQ’s trading offerings. He oversaw the launch of NASDAQ’s market center—a newly integrated system capable of trading of NASDAQ, NYSE, AMEX-listed securities and exchange traded funds on a single electronic platform. Additionally, Mr. Greifeld spearheaded NASDAQ’s innovative “dual listing” program, which for the first time allowed NYSE-listed companies to list on NASDAQ. This initiative significantly ratcheted up the debate regarding efficient electronic markets versus manual, floor-based exchanges.
In May 2004, Mr. Greifeld led NASDAQ’s decision to acquire BRUT ECN from SunGard Data Systems (NYSE: SDS). The BRUT acquisition provides NASDAQ trading systems with additional capabilities, including advanced order routing and marks another milestone in NASDAQ's multi-pronged growth strategy.
Mr. Greifeld is an active speaker on market structure and regulatory issues and, as CEO of a public company, has been an active supporter of Sarbanes-Oxley reforms and the use of stock options as a tool for business and economic growth.
His graduate school thesis at NYU Stern was on the operation of The NASDAQ Stock Market.
Mr. Greifeld has led a significant enhancement of NASDAQ’s trading offerings. He oversaw the launch of NASDAQ’s market center—a newly integrated system capable of trading of NASDAQ, NYSE, AMEX-listed securities and exchange traded funds on a single electronic platform. Additionally, Mr. Greifeld spearheaded NASDAQ’s innovative “dual listing” program, which for the first time allowed NYSE-listed companies to list on NASDAQ. This initiative significantly ratcheted up the debate regarding efficient electronic markets versus manual, floor-based exchanges.
In May 2004, Mr. Greifeld led NASDAQ’s decision to acquire BRUT ECN from SunGard Data Systems (NYSE: SDS). The BRUT acquisition provides NASDAQ trading systems with additional capabilities, including advanced order routing and marks another milestone in NASDAQ's multi-pronged growth strategy.
Mr. Greifeld is an active speaker on market structure and regulatory issues and, as CEO of a public company, has been an active supporter of Sarbanes-Oxley reforms and the use of stock options as a tool for business and economic growth.
His graduate school thesis at NYU Stern was on the operation of The NASDAQ Stock Market.