Catherine Clay Named CEO of Livevol

SAN FRANCISCO, CA--(Marketwired - Nov 21, 2013) - Catherine Clay is the new CEO of Livevol, Inc., the leader in equity and index-options technology and services. Clay, who was previously the company's chief strategy officer, will lead the company's strategic initiatives for its options-analytics, market-data and brokerage businesses.

"Catherine has been a strategic guiding force for Livevol for more than three years, and has been directly involved in all the important aspects of the business," said Angel Alvira, chairman of the board. "We are confident that, with her leadership and focus, we will continue to build our core businesses and effectively manage our growth."

Clay has more than 20 years' experience in the financial and investment markets. Since August 2010, she has been chief strategy officer at Livevol where she has been responsible for strategic initiatives related to the company's technology and broker-dealer services.

Previously, Clay was a co-founder and CEO of Thales, LLC, a proprietary, option-market-making firm that traded equity and index options, and single-stock futures. Thales pioneered software solutions for quoting, trade execution and risk management for proprietary use.

Clay began her trading career at Timber Hill, Interactive Brokers' market-making company, where she was the manager of floor trading and a lead market maker on the NYSE Arca options trading floor from 1994 to 2006.

She received a bachelor's of science degree in journalism, and a master's degree in public administration from the University of Colorado. She also holds the Series 7 and 56 licenses.

About Livevol, Inc.

Since 2009, Livevol, Inc., has been the leader in equity- and index-options technology and services. The company provides professional and retail traders with cutting-edge tools, data, and custom analytics services. Livevol offers a spectrum of technology and data solutions including a consolidated feed, real-time programmatic analysis and scanning, historical files and strategy backtesting, real-time decision support, flat files, XML web services, web components, custom development, and consulting.

Headquartered in San Francisco, Livevol has offices in Chicago and New York, and offers brokerage account and execution services to options and equities traders through a separate but affiliated broker-dealer, Livevol Securities, Inc., member FINRA/SIPC. More information is available at www.livevol.com.