James H. Sinclair. Co-Founder and CEO
Darren M. Jer. Co-Founder, Head of Sales and COO
Edward R. Howorka. Co-Founder and CTO
James H. Sinclair. Co-Founder and CEO. Recognized in the industry for his cross-asset
expertise, James leads strategic direction at MarketFactory. James was previously Head of
Research and Strategy for ICAP Electronic Broking where he was involved with strategy and
corporate development for the foreign exchange and fixed income markets. Before the
$847 million EBS acquisition by ICAP, James held a number of executive positions at EBS. As part of
its inception in 1991, he served as Head of Asia/Pacific where he launched the business in the region and
implemented its merger with MINEX. He was later Head of Sales for the Americas,
Global Head of Product Management then Head of Research and Strategy. Prior to EBS, James was a
Vice President at Citibank and a consultant at a financial services consultancy. He earned his BSc.
Engineering Honors and ACGI from the University of London, Imperial College.
Darren M. Jer. Co-Founder, Head of Sales and COO. Darren manages marketing, sales and operations
for MarketFactory. Previously, he was director of new business sales in the Americas for ICAP Electronic Broking.
He established EBS's algorithmic trading and market data business amongst hedge funds and other prime brokered
customers. Before EBS, Darren was a sales executive in IBM's Banking, Finance and Securities practice,
responsible for key Wall Street accounts. Darren began his career in financial technology as a consultant at
Price Waterhouse developing e-commerce systems. Following Price Waterhouse he worked at Internet consultancy
Viant, as well as his own digital media firm which developed an online marketplace for streaming video content
and rich media advertising. He is a graduate of Duke University and earned his BA in English and Political Science.
Edward R. Howorka. Co-Founder and CTO. Ed's dual passions for technology architecture and trading microstructure
leads him to manage both at MarketFactory. The original architect of the EBS system and later its CTO, Ed created a unique distributed
matching architecture assuring high performance and reliability across a global market spanning 40 countries. Ed was later
appointed Chief Business Risk Officer in which capacity he oversaw market controls, business integrity and market microstructure.
A pioneer in the computer industry, Ed founded a software company in 1984 to develop tools for artificial intelligence, compilers
and interpreters for PCs. Widely published in the field of mathematics and economics, Ed was Professor of Computer Science and Applied
Mathematics at the University of Virginia and received his PhD in Mathematics from the University of Florida.
MarketFactory developers come from a variety of backgrounds and experience, including trading services such as Reuters,
EBS, NYFIX Millennium, Cantor Fitzgerald/eSpeed, Trading Screen, Gain Capital and financial institutions such as Deutsche Bank
and Merrill Lynch. Non-financial backgrounds include Internet companies and General Electric. The MarketFactory development
methodology employs Agile Development, comprehensive planning, thorough documentation standards and mature software and quality
assurance practices.