ELX moves after Wolkoff departs
ELX has moved quickly to announce its new chief executive after the resignation of Neil Wolkoff .
Richard Jaycobs is the new chief executive after the resignation of Walkoff was announced last week.
Wolkoff has been chief executive since ELX launched in 2009 to offer a more efficient competitive alternative for global market participants trading US Treasury and Eurodollar futures contracts.
ELX was created as a direct competitor for CME Group and is primarily focused on high-speed traders.
Jaycobs, a 25-year veteran of the futures and derivatives industry, has served as president...