IEX Adds Executives for Business and Technology Development

The Investors Exchange (IEX) added two senior hires in Bill Guinan and Jonathan Yam, to lead business and technology development, respectively. Guinan, the new Head of Business Development, spent the last 14 years at Bernstein, most recently as Head of U.S. Sector Trading. Yam joins IEX as Head of Technology Development, where he will lead the team responsible for building and refining new products and features to enhance IEX’s performance. He was previously Director at Citi, where he had global responsibility for the development of electronic trading systems. According to a story in MarketsMedia, both assume their new roles on June 3. Guinan will report to IEX President Ronan Ryan, and Yam to Chief Technology Officer Rob Park.