MayStreet Expands Senior Management Team, Names Former Knight Capital, Citadel Director David Streltsoff Head of Business Development

24 Feb 2016 by Maystreet

Firm Accelerated US Growth in 2015 Doubling Buy-Side Customer Base; 2016 Targets include Top Tier Banks, Exchanges

NEW YORK & SAN FRANCISCO–(BUSINESS WIRE)–MayStreet, an emerging tech firm specializing in next-gen market-access and analytics software for capital markets firms, today announced the addition of David Streltsoff, a former director at KCG Holdings (Knight Capital) and Citadel, as head of business development and a member of the firm’s senior management team.

“David is a proven, revenue-growth engineer and business leader with over 12 years of success driving record-breaking sales and organizational performance,” says Patrick Flannery, CEO and co-founder of MayStreet. “We’re eager to have him help lead this next stage of our growth with the opportunities we see ahead. His deep industry experience and senior-level success will help us capitalize on our current momentum, where we more than doubled our customer base in 2015. For 2016, we’re now actively expanding the scope of our business with banks, asset managers and exchanges.”

Streltsoff joins MayStreet from Citadel LLC in San Francisco, where he served as a director, driving enterprise-wide sales, marketing and business development of agency algorithmic trading tools. He had the added responsibility of growing the electronic trading unit, focusing on third-party external clients, targeting institutional buy-side and sell-side firms. Prior to Citadel, he was a director in Knight Capital’s KnightDirect unit, part of KCG Holdings in Jersey City, responsible for firm-wide sales and marketing of algorithmic trading tools, direct market access (DMA), agency program trading and Transaction Cost Analysis (TCA). Earlier, he was director of sales and marketing, financial research, at Frost & Sullivan in New York.

“MayStreet is clearly positioned as an emerging tech firm focused squarely on technology, flexible software and market data capture for the Wall Street ecosystem,” says Streltsoff. “I’m looking forward to bringing a different prospective to my past client contacts and future prospects. At MayStreet, that means delivering advanced analytics through high-precision, high-quality data to provide transparency to once and for all answer the question, ‘what just happened to my order and why.’ It’s all about giving firms an unbiased, holistic view of the market and the performance of their trading strategies and algorithms.”

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