Akshay Govindaraj
Philadelphia,PA
Overview
9
9
years of professional experience
Work History
Specialist - Product Delivery
Nasdaq
07.2023 - Current
- Oversaw the migration of Nasdaq PHLX (2025) and Nasdaq ISE (2024) to Nasdaq's harmonized Fusion platform and in the process for NOM (2026)
- Launching Flex Options in Nasdaq ISE and Nasdaq PHLX in 2025 with Nasdaq now capturing 20% of industry market share in Flex Options.
- Setup of monitoring tools on customer usage patterns in AWS Quick Sight and Atlan.
- Introduced a Generative AI based application to answer customer questions related to exchange specifications, rulebooks and system behavior.
Senior Product Analyst, US Options
Nasdaq
02.2020 - 06.2023
- Oversaw migration of Order protocols and Market Data Feeds on Nasdaq GEMX(2023) and Nasdaq MRX(2022) from Data Center to AWS.
- Launched an AI based tool to select which symbols should have Weekly Options. Options industry trading volume grew by 50 bps after deployment.
- Development of Active QP (Quote Protection) which is an alternative Market Maker Risk Protection Tool.
- Assisted Sales and Market Operations with customer questions regarding Order Protocols including FIX, SQF and OTTO as well as Top, Depth, Orders and Trade market data feeds across all Options exchanges of Nasdaq.
- Leading Nasdaq's impact assessment on OCC's Ovation Replatform (2024-25) and assisting impacted teams for OPRA's Channel Split (2023).
Analyst - Quantitative Index Strategies (QIS)
HSBC Global Banking and Markets
06.2017 - 07.2018
- Factor Indices meant to capture performance of common factors like Momentum, Value, Low Beta, Volatility Cap Strategies for Fund Linked Products Trading book.
- Market Making for Structured Notes with the underlying Index based on various QIS Strategies.
Education
Master of Science - Statistics
Georgia Institute of Technology
Atlanta, GA12.2019
Dual Degree (B.Tech + M.Tech) - Chemical Engineering
Indian Institute of Technology Madras
Chennai, India06.2017
Skills
- Options Market Structure
- Product Management
- Python and R
- Advanced Excel functions
- Quantitative finance techniques
- Options Pricing
- Securities Regulation
- Data manipulation with SQL
- Data visualization tools
Timeline
Specialist - Product Delivery
Nasdaq
07.2023 - Current
Senior Product Analyst, US Options
Nasdaq
02.2020 - 06.2023
Analyst - Quantitative Index Strategies (QIS)
HSBC Global Banking and Markets
06.2017 - 07.2018
Master of Science - Statistics
Georgia Institute of Technology
Dual Degree (B.Tech + M.Tech) - Chemical Engineering
Indian Institute of Technology Madras