CHICAGO, March 31, 2010 /PRNewswire/ -- GETCO, a global electronic trading and technology firm, today announced that Randall Kroszner will serve as an advisor to the firm. The firm's Board of Advisors also includes former U.S. Securities and Exchange Commission Chairman Arthur Levitt.
We are focused on enhancing stability and efficiency in the capital markets through global liquidity provision, said GETCO co-founder Stephen Schuler. Randy's experience in both the public policy and academic arenas will be a great asset to the firm in these continuing efforts.
GETCO is a registered market maker on NASDAQ, NYSE ARCA and BATS exchanges; a Supplemental Liquidity Provider on NYSE; and a Designated Market Maker on NYSE and NYSE AMEX.
Dr. Kroszner is currently the Norman R. Bobins Professor of Economics at the University of Chicago Booth School of Business. Previously, he served as a Governor of the Federal Reserve System and member of the Federal Open Market Committee from 2006 until 2009; as a member of the President's Council of Economic Advisers from 2001 until 2003; and as Director of the George J. Stigler Center for the Study of the Economy and the State at the University of Chicago.
He also has been a visiting scholar at the U.S. Securities and Exchange Commission, the International Monetary Fund, the American Enterprise Institute, the Free University of Berlin, the London School of Economics, Seoul's Yonsei University, the Stockholm School of Economics, and Stockholm University.
Dr. Kroszner received his Sc.B. (magna cum laude) in applied mathematics-economics from Brown University and received his M.A. and Ph.D., both in economics, from Harvard University.
About GETCO:
GETCO is a global electronic trading and technology firm focused on helping investors efficiently transfer risk. The firm's primary business, electronic market-making and liquidity provision, involves both buying and selling securities to provide two-sided markets on exchanges around the world. The liquidity GETCO supplies allows individual and institutional investors to immediately transfer the risk often associated with securities while saving money on trading costs. In the U.S., GETCO provides customers with dedicated liquidity through an Alternative Trading System, GETCO Execution Services (GES).
Media Contact: Sophie Sohn; +1-312-931-2299; media@getcollc.com
SOURCE: GETCO
CONTACT: Sophie Sohn; +1-312-931-2299; media@getcollc.com
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