Financial Services >> Analyst Interviews >> March 22, 2011

Key Volume Drivers In Electronic Trading – Richard Repetto – Sandler O’neill + Partners, L.p.

Richard Repetto, CFA, is a Principal of Sandler O'Neill + Partners, L.P. His research coverage includes the e-brokerage, execution venues and e-specialty finance sectors. Mr. Repetto has received numerous accolades for his equity research. He has earned numerous industry awards, including Analyst of the Year in 2010 by the Financial Times/StarMine. Mr. Repetto was previously a Managing Director at Putnam Lovell NBF. This position followed his work at Lehman Brothers, where he established the firm's research coverage of the Internet financial services sector. Mr. Repetto holds a B.S. in general engineering from the United States Military Academy at West Point, and an MBA in finance from the Wharton School of the University of Pennsylvania. Profile
TWST: Please begin with a brief overview of your coverage areas, including some specific names you follow.

Mr. Repetto: I cover exchanges and the electronic trading sector, and it's made up of three,