February STANY Newsletter 
STANY Honors
Join US to Celebrate Excellence in our industry
Starting in 2014, STANY has used the occasion of our Annual Conference to present a limited number of awards to exceptional individuals or entities. Honors are given to those who, in the opinion of the Board, have demonstrated exceptional service to the industry and/or to STANY and whose contributions have advanced the values and principles upon which STANY was founded, including the mission of advancing ethical practices and high standards in the trading of securities. We are thrilled to honor Lisa Utasi, Larry Tabb and Susquehana and hope that you will join us on April 13th to celebrate their exceptional accomplishments with them at our Annual Conference.
Award for Industry Excellence and Dedication to STANY
Lisa M. Utasi
Managing Director, ClearBridge Investments
Award for Outstanding Contribution to the Industry
Larry Tabb
Director of Marketing, Bloomberg
Award for Innovations in Finance and Trading
Susquehanna
Annual Conference
Registration is open now for STANY’s 90th Annual Conference – April 13, 2026 | NYSE
STANY is proud to host its 90th Annual Conference on Monday, April 13, 2026, at the historic New York Stock Exchange. Our premier annual gathering convenes traders, institutional leaders, fintech innovators, and regulators for a full day of forward-looking insights, substantive discussion, and exceptional networking opportunities.
From equities and ETFs to options and digital assets, this year’s program explores the forces transforming today’s markets. If you’re interested in the intersection of regulation, market structure, and emerging technology, this conference belongs on your calendar.
What You’ll Experience
As markets continue to evolve at a rapid pace, the 2026 agenda reflects the most pressing issues shaping the industry. Attendees can expect:
🔹 Headline Keynotes featuring influential leaders across finance, policy, and technology.
🔹 Expert-Led Panels examining AI in trading, ETF developments, market structure reform, crypto and digital asset regulation, options market dynamics, extended-hours trading, prediction markets, tokenization, and other timely topics.
🔹 Premier Networking Opportunities throughout the day, culminating in our signature post-conference celebration on the NYSE trading floor.
Why Attend
• Hear directly from industry decision-makers and respected market voices
• Stay ahead of regulatory shifts and technological innovation
• Expand your professional network across firms and asset classes
• Walk away with actionable ideas to strengthen your competitive advantage
Whether you are an experienced trader, a fintech entrepreneur, a policymaker, or an emerging professional, the STANY Annual Conference delivers insight, connectivity, and momentum that set the tone for the year ahead.
Review the preliminary agenda and register HERE.
Join us at the NYSE on April 13th as we engage, collaborate, and shape the future of trading—together.
Secure your spot and join the dialogue shaping tomorrow’s markets.
Emerging Leaders
STANY Emerging Leaders Ski Trip 2026: A Perfect Blend of Networking, Insights, and Winter Fun!
Last week, STANY’s Emerging Leaders gathered for the Fourth Annual EL Ski Trip—and it delivered on every level. From February 26–27, finance professionals, industry veterans, and the next generation of leaders came together at Camelback Mountain for two days of meaningful conversations, shared experiences, and winter adventure.
What makes this trip so special is the mix of perspectives in the room. This year, our youngest Emerging Leader attendee was just 15 months old—a reminder that the EL community continues to grow in more ways than one!
An Evening of Insight and Candid Conversation
The trip began with an engaging dinner discussion featuring Matt Billings (Robinhood), Stan Craig (GTX), Jennifer Fagenson (Dash Financial), and Bill Russell (Cboe). Moderated by EL Committee Member Jordan Fleming (Cboe), the conversation was dynamic and candid, touching on career pivots, leadership lessons learned along the way, and the evolving landscape of today’s markets.
Panelists shared personal stories, practical advice, and thoughtful perspectives that resonated with attendees at every stage of their careers. The interactive format encouraged questions and dialogue, setting the tone for a weekend built on connection.
From the Slopes to the Lodge
Friday brought blue skies and plenty of options. Whether skiing, snowboarding, tubing, or enjoying Camelback’s indoor waterpark, attendees made the most of the day. Some tackled challenging runs, others opted for relaxed rides and scenic views, but everyone embraced the spirit of camaraderie that defines this trip.
Beyond the activities themselves, it was the in-between moments—chairlift conversations and après-ski gatherings—that made the experience memorable.
More Than a Getaway
While the setting was wintery and fun, the impact was lasting. The EL Ski Trip continues to be one of the most anticipated events of the year because it creates space for authentic connection. In a relaxed environment, conversations flow more naturally, ideas are exchanged freely, and relationships deepen in ways that simply aren’t possible in more formal settings.
Thank you to our 2025 EL sponsors, our speakers, and all the attendees for making the 2026 Ski Trip another tremendous success. We’re already counting down to next year.
If you would like to sponsor Emerging Leaders for 2026 (including the 2027 Ski Trip) reach out to [email protected]
News About Our Members and Friends
HPR Launches Maxbot: Hardware-Based Market Access Evolution
HPR has announced the launch of Maxbot, an ultra-low-latency market access gateway and pre-trade risk solution built on a full hardware data path.
Delivering sub-microsecond, deterministic latency, Maxbot supports 400+ trading sessions and up to 500,000 sustained messages per second (with bursts up to 12 million), all within a single appliance. Designed for banks, venues, and trading firms operating in highly latency-sensitive environments, it simplifies infrastructure while integrating performance and risk controls.
According to CEO Anthony Amicangioli, as message rates and market complexity grow, capital markets infrastructure is evolving beyond software alone — with hardware-based solutions like Maxbot representing the next phase in high-performance market access. Maxbot Factsheet
Our Sponsors and Partners
We wish to thank and acknowledge the sponsors that committed to supporting STANY since our January newsletter.
Diamond Sponsors
OTC Markets
KX
Gold Sponsors
CoinRoutes
Liquidnet
Silver Sponsors
Bruce Markets
EDX Markets
FlexTrade
HPR
Maxim Group
Mirae Asset Securities USA
Old Mission
Option Circle
Raptor Trading Systems
Bronze
Oppenheimer
Emerging Leaders
n-Tier