Meet the Team

When you trade on Nadex you’re not just trading on an established exchange backed by market-leading technology, you’re teaming up with more than 100 years of combined financial and technological expertise.


Timothy McDermott

Timothy McDermott

Chief Executive Officer & Director

Timothy joined Nadex in 2008 as the General Counsel and Chief Regulatory Officer and was appointed Chief Executive Officer in May, 2014. Timothy has over 17 years of legal and regulatory experience in the financial markets, most recently with the Chicago Mercantile Exchange (CME) and, before that, with Gardner, Carton & Douglas, where he was a partner for seven years.  Prior to his legal career, Timothy worked as a financial analyst and passed the Illinois Certified Public Accounting examination.

Timothy earned his JD from Loyola University School of Law after graduating from the University of Notre Dame, where he majored in Accounting.

Peter Tubb

Peter Tubb

Chief Operating Officer

Peter joined Nadex in September 2015 as Chief Operating Officer, overseeing Customer Services, Sales and IT Operations. Peter has over 13 years’ experience working for IG Group plc. Before his appointment at Nadex, Peter served as Head of Credit Operations in charge of four operational departments for IG (Client Money, Corporate Actions and Market Data). His team was in London, Australia and South Africa and supervised operations for all 17 IG offices.

Peter studied Mathematics and French at Manchester University.

Zachary Schweder

Zachary Schweder

Chief Compliance Officer and Chief Regulatory Officer

Zachary joined Nadex in 2012 as the Chief Compliance Officer and was appointed Chief Regulatory Officer in March, 2015. Zachary has over 11 years of regulatory experience in the financial markets, working for both market participants and industry regulators.  Most recently Zachary served as Compliance Manager of Peregrine Financial Group and, before that, as an Audit Supervisor with the National Futures Association. 

Zachary earned his Bachelor of Business Administration from the University of Wisconsin, Madison where he majored in both Finance and Risk Management.

George Grigorakos

George Grigorakos

Chief Financial Officer

George joined Nadex in 2013, initially serving as Financial Controller, and has since been involved in all finance, accounting, and treasury aspects of the business. George came to Nadex following a 12-year career in public accounting, most recently with Ernst & Young, where he primarily managed audits of Fortune 500 companies. In public practice, George has served a variety of industries including various financial service businesses. He is a licensed Certified Public Accountant and member of the American Institute of Certified Public Accountants and Futures Industry Association.

George earned his Bachelor’s and Master’s in Accounting from the University of Illinois at Chicago.

John Austin

John Austin

Director

John has been a Nadex director since January 2012 and acted as interim CEO from January - May 2014. John has over 15 years of experience in retail derivatives and developed the world’s first retail focused binary contracts in 2002, while working as IG Group’s New Products Director. More recently, John has served as Head of Research at IG Group plc in London.

John studied Chemistry and Computer Science at Cambridge University and has a Masters in Finance from London Business School.

John Collins

John Collins

Director

John is an experienced trial and appellate attorney, practicing at Collins & Collins in Chicago, Illinois. As an Assistant U.S. Attorney from 1992 through 1997, he prosecuted bank fraud, securities fraud, and other white collar crimes. In addition, John has served as general counsel for the United States Soccer Federation, Inc. and currently serves as a member of both the FIFA Legal Committee and the Board of Advisors of the National Sports Law Institute.

John studied Accountancy at the University of Illinois and earned his JD from University of Chicago Law School.

Robert Kolb

Robert Kolb

Director

Robert is a Professor of Finance and the Frank W. Considine Chair of Applied Ethics in the Business School at Loyola University Chicago. His career spans almost three decades as a finance professor, and he has published more than 50 academic research articles and more than 20 books.

Robert’s books include the recent publication of the sixth edition of Understanding Futures Markets and the fifth edition of Futures, Options, and Swaps (both with James A. Overdahl).

Jon Noble

Jon Noble

Director

Jon is currently Chief Information Officer at IG Group Holdings Plc, a role he has held since 2012 and is responsible for all IT functions and marketing operations in IG Group.

He has considerable experience built over 16 years in the business having held various roles at the Group including, Futures Dealer, Head of Futures Trading, Dealing Director and Dealing and Operations Director.

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