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Vela appoints Chief of Staff

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Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has appointed Peggy Sullivan (pictured), who has served as a consultant to the Company since October 2017, as Chief of Staff.

Based out of Vela’s headquarters in New York and reporting to CEO Jennifer Nayar, Sullivan’s key responsibilities include establishing strong strategic partnerships, advising on market structure challenges and developments, building trusted relationships with key accounts, identifying opportunities to improve service delivery, and collaborating with the wider executive team on strategy and product innovation while also representing Vela across a number of industry groups and trade associations. 
Nayar says: “We are delighted that Peggy has accepted this opportunity to be part of Vela. Peggy is a widely-recognised and well-respected professional in our industry. She brings valuable insights as a problem solver and thought leader and her extensive knowledge and expertise in partnership management and market structure will be pivotal as we continue to build momentum on our strategic growth objectives. We are excited to have Peggy as an official permanent member of the executive team.”
Sullivan says: “Having seen how forward thinking, innovative, and client focused the Vela team are over the past nine months, I am delighted to be formalising my position as Chief of Staff.” She continued, “I look forward to continue working towards building stronger relationships with clients, partners, and market associations and contributing to the company’s strategic plans.”
Prior to Vela, Sullivan spent much of her career at the New York Stock Exchange. She held leadership positions working with the National Market System. She served as the Administrator to the Consolidated Tape Association and the Head of Market Data Administration for NYSE, Arca, MKT, markets real-time products. Her previous role included managing several teams responsible for product support, contracting, customer service, and market data regulatory policy, as well as account management, global market data operations, and market data compliance. In addition, she held several other positions in trading and technology at Credit Suisse, Dow Jones Telerate, and Merrill Lynch.
Sullivan holds a BS in Political Science from Loyola College in Baltimore MD.

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