It's not easy being No. 1. Whether it's market participants complaining about fees, the threat of dark pools stealing more liquidity, or new requirements and pilot projects from regulators, running NYSE is the equivalent of fighting a battle across many fronts.
"I think the best thing I can do for women is to effectively run this business and have them see that women can succeed in running a business as well," Cunningham said."If you focus on executing, that is actually going to be the best thing you can do for your career."Hollis Johnson/Business Insider It allows traders and portfolio managers to begin using a collection of apps in a way that begins to look and feel like the experience consumers have come to expect from their mobile devices."We want the experience on the financial desktop to feel more like our phones," Dar says.
His mandate sees him tackling issues including big-picture social problems and new technological conundrums, such as how to help clients whose customers want to pay in new forms of currency. He quickly realized the mortgage-origination process had systemic problems, even apart from the precrisis lending excesses: It was largely done on paper, with pay stubs, bank statements, W2s, and other information changing hands and being manually entered into antiquated systems, creating opportunities for mistakes or fraud.
"I thought I'd be creating the blueprint, not necessarily executing on the blueprint," he said recently.
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