Melamed Heads to Strike Technologies
Shawn Melamed has joined Strike Technologies, the technology arm of proprietary high-frequency trading firm Global Trading Systems, as global head of commercial products, responsible for building up the firm's commercial business by looking into existing technology that has been built for the firm's internal use in order to create stand-alone products. Melamed was most recently chief executive of latency monitoring technology provider Correlix, which he founded in 2005 and which was acquired by TS-Associates in July (IMD, July 30). Before founding Correlix, Melamed was chief technology officer and partner at Strauss Strategy, prior to which he was director of technologies at Navicula.
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