MANAGEMENT TEAM

Christian Martin, CEO and Co-Founder, throughout his 20+ years of senior trading and management positions at Merrill Lynch & Company / Bank of America, has traded nearly every financial instrument, inclusive of OTC and exchange-traded markets, for the Firm and its clients. Most recently, as CEO of Spring Trading, Inc., a proprietary trading firm he founded in 2009, Mr. Martin saw a significant gap in the marketplace for fully normalized electronic trading and analytical tools incorporating cleared OTC derivatives in order to execute his trading, hedging and relative value strategies. This unmet need let directly to his co-founding and development of TeraExchange. Earlier in his career, Mr. Martin traded Credit Default Swaps and previously he had worked on IRS Swap transactions. In addition to trading on the floor of the New York Stock Exchange, the Chicago Mercantile Exchange, and the Singapore Mercantile Exchange, Mr. Martin had traded in Tokyo and London, acquiring an in-depth understanding of regional nuances and local regulatory governance when trading these markets. Mr. Martin received his B.A. in Business from The Catholic University of America in 1988.

Leonard T. Nuara, President and Co-Founder, is formerly a Shareholder in the international law firm of Greenberg Traurig LLP in the Intellectual Property & Technology Group, and prior to that he was Chair of the Technology and Intellectual Property Group at Thacher Proffitt & Wood LLP, representing numerous national and global corporations and financial institutions in all types and styles of technology acquisitions and internet based transactions. Nationally recognized in his field, he has advised companies of every size regarding the intersection of technology and law. Mr. Nuara has been an Adjunct Professor at Seton Hall University School of Law since 1986. He received an A.B. in Political Science, Economics and Computer Science, cum laude, from Boston College in 1981 and his J.D. from Seton Hall University School of Law in 1984.

Marti Tirinnanzi, Senior Vice President, is a financial services expert whose career includes notable accomplishments in the field of corporate finance, specifically financial risk management, hedging strategies using derivatives contracts and financial instrument accounting. Most recently, Ms. Tirinnanzi was Chairman of the Clearinghouse Working Group of the Federal Housing Finance Agency. She has worked with the Congress, the Commodity Futures Trading Commission and other regulatory agencies and industry groups in addressing the problems of the financial crisis of 2008, chiefly counterparty risk and risk management strategies using derivatives contracts. She worked on legislation to centrally clear and settle derivatives contracts that eventually became law in Title VII of the Dodd-Frank Act in July 2010. She was recently recognized by Futures Magazine as one of the Top 25 Most Influential People of 2010. Ms. Tirinnanzi earned her M.S. in business from The Johns Hopkins University, and B.A. in liberal arts from the College of Notre Dame of Maryland.