Cboe Announces Promotion of Chief Technology Officer Tim Lipscomb to Executive Vice President
Rhea-AI Summary
Cboe Global Markets (CBOE) has promoted Tim Lipscomb to Executive Vice President and Chief Technology Officer, adding him to the company's executive leadership team. Lipscomb, who has served as Senior Vice President and CTO since 2022, will continue overseeing Cboe's global technology platform expansion.
Under his leadership, Cboe has achieved notable technological milestones, including successful migrations of equities, options, and futures markets to the unified Cboe Titanium platform. The company maintained 100% uptime across 25 of its 27 global platforms in 2024, with greater than 99.9% uptime across all platforms.
Lipscomb joined Cboe in 2019 as Chief Operating Officer of Cboe Europe, following 20 years at Bank of America. His team has been instrumental in improving market access, latency, and customer experience, with Cboe seeing improved market share in every new market following migration to Cboe Ti.
Positive
- 100% uptime achieved on 25/27 global platforms in 2024
- Improved market share in all new markets post-Titanium migration
- Successful integration of global markets onto unified Titanium platform
- >99.9% uptime across all 27 platforms
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"Under Tim's leadership over the past few years, Cboe has consistently delivered best-in-class trading technology, providing stable and resilient markets through all types of market conditions and further expanding access to our products, data and services for customers globally. Tim also guided our technology team through major milestones, including multiple successful technology migrations that have brought our equities, options and futures markets globally onto one unified global technology platform, Cboe Titanium," said Chris Isaacson, Executive Vice President and Chief Operating Officer at Cboe. "As technology takes on an even greater role in driving Cboe's next phase of strategic growth, we are excited to unlock its full potential while driving innovation. We look forward to continuing to benefit from Tim's expertise and leadership at this pivotal moment and all that he and his team will achieve in the future."
Mr. Lipscomb has served as Senior Vice President, Chief Technology Officer since 2022 and leads Cboe's technology strategy and innovation efforts globally, overseeing software engineering and quality assurance for Cboe's equities, options and futures markets, as well as its Data Vantage business. As Chief Technology Officer, Mr. Lipscomb has helped oversee several successful technology migrations, most recently Cboe Canada's migration to Cboe TitaniumSM, and the introduction of innovative offerings to improve market access, latency and customer experience. Cboe has seen improved market share in every new market it has entered following the migration to Cboe Ti. Importantly, Cboe maintained
Mr. Lipscomb initially joined Cboe in 2019 as Chief Operating Officer of Cboe Europe, where he led its software engineering, infrastructure and operational teams. Prior to joining Cboe, he worked at Bank of America for 20 years, most recently overseeing Equities Electronic Trading Technology and European Equities Technology.
"In today's fast-paced markets, Cboe remains deeply committed to investing in and scaling our global technology infrastructure, operations and capabilities to meet growing market demand," said Tim Lipscomb, Executive Vice President, Chief Technology Officer at Cboe. "We take a customer-first approach, and as investors globally seek access to the
About Cboe Global Markets
Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX, across
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SOURCE Cboe Global Markets, Inc.