Click this link and then click leadership to see the incredible management and their credentials, NONE of whom are sellers...
ashtontechgroup.com
William W. Uchimoto
William W. Uchimoto is Executive Vice President, General Counsel, and serves on the Board of Directors of Ashton Technology Group, Inc. (ATG?) and Universal Trading Technologies Corporation (UTTC?). Mr. Uchimoto also serves as Chief Executive Officer and President of NextExchange, Inc.
Mr. Uchimoto brings substantial legal and regulatory experience to ATG, UTTC and NextExchange in developing UTTC's on-line transaction systems and products. He also will focus on cultivating international business opportunities for ATG and its affiliated companies.
Prior to joining ATG?, Mr. Uchimoto was Senior Vice President and General Counsel of the Philadelphia Stock Exchange, Inc. (PHLX), the nation's oldest securities exchange. Mr. Uchimoto was counsel to the PHLX and its subsidiaries from 1986 to 1997 and served as the PHLX's representative to the Consolidated Tape Association from 1991 to 1997.
As an executive officer of the PHLX, Mr. Uchimoto represented the Exchange and its clearing agency subsidiaries before all regulatory bodies, including the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission and Board of Governors of the Federal Reserve System. Mr. Uchimoto is recognized as an expert on National Market System (NMS) issues and penned virtually all of the PHLX's comment positions on market structure and significant regulatory issues. He negotiated the PHLX's participation in the over-the-counter/unlisted trading privileges (OTC/UTP) Plan and drafted the exchange's positions respecting options market linkages, and directed all legal/regulatory work on new trading systems and listed products. He also advised the PHLX on international business initiatives, including discussions between the Exchange and the Hong Kong Futures Exchange to build a linkage to trade PHLX foreign currency options virtually around the clock. He has been the Exchange's representative on various joint industry associations relating to NMS facilities such as the Consolidated Tape Association, Intermarket Trading System and Options Price Reporting Authority.
From 1981 to 1986, Mr. Uchimoto was an attorney in the SEC's Division of Market Regulation. While at the SEC, Mr. Uchimoto worked on market structure issues such as developing the Congressionally mandated NMS, and drafted the OTC/UTP release (permitting exchanges to trade NASDAQ securities) and permanent approval orders for the National Securities Trading System, which was the first fully electronic exchange.
At the SEC, Mr. Uchimoto also drafted the permanent approval orders for the Intermarket Trading System (ITS), Cincinnati Stock Exchange's National Securities Trading System (the first fully electronic stock exchange), and the National Association of Securities Dealers' (NASD) Small Order Execution System. He also provided critical input and drafted significant releases on the terms and conditions upon which the Institutional Networks Corporation could compete with the NASD in distributing full NASDAQ market maker quotations to professionals and the public.
Mr. Uchimoto is a frequent lecturer to the International Law Institute in Washington, DC. He periodically has been on the adjunct faculty of several Philadelphia area law schools, teaching courses in Securities Regulation.
Mr. Uchimoto received his law degree from the University of California, Hastings College of Law
(1981) and his Bachelor's degree in Economics from the University of California at Davis (1978). Mr. Uchimoto is a member of the California Bar and the U.S. Court of Appeals for the Ninth Circuit.
Fredric W. Rittereiser
Fredric Rittereiser serves as Chairman of the Board and Chief Executive Officer of Ashton Technology Group, Inc. (ATG?). He is a co-founder of ATG, Universal Trading Technologies Corporation (UTTC?) and Gomez Advisors, Inc. Mr. Rittereiser has led the product development efforts of UTTC and is directly responsible for the concepts behind the volume weighted average price (VWAP®) trading system (VTS?), electronic auction system (EAS?) and electronic public limit order book (ePLOB?). Further, Mr. Rittereiser has been responsible for ATG's strategic initiatives concerning the Chinese market, E.Com and the conceptualization of the Electronic Market Center (eMC?). In addition to his strategic responsibilities, Mr. Rittereiser has led all of ATG's financing, marketing and executive recruiting efforts.
Prior to the founding of ATG, Mr. Rittereiser served as a special consultant to Booz*Allen and Hamilton Inc.'s technology practice where he focused on the financial services industry's use of encrypted online transaction systems.
Mr. Rittereiser has over 30 years of experience in the financial services industry having served as the President of Sherwood Group, Troster Singer, and Instinet. During his career as a senior executive on Wall Street, Mr. Rittereiser raised capital for over 20 companies and served on the Board of numerous private and public companies. From 1972 through 1980, Mr. Rittereiser was active on numerous committees of the National Association of Securities Dealers, Inc. including: National Market System, Ethics, Options, Arbitration and Corporate Finance.
Mr. Rittereiser is considered a pioneer in the field of electronic trading systems for the financial markets. While President of Instinet, Mr. Rittereiser was responsible for Instinet's two most successful products - a liquid trading system for NASDAQ securities and the first crossing network. In addition, Mr. Rittereiser introduced Instinet to a number of domestic and international exchanges. Mr. Rittereiser was responsible for Instinet's strategic acquisition by Reuters.
Fred S. Weingard
Fred Weingard is currently a director of Ashton Technology Group, Inc. (ATG?) and Universal Trading Technologies Corporation (UTTC?). Mr. Weingard also is President and Chief Operating Officer of UTTC. He serves as chief technology advisor to both companies and leads the design and implementation of their strategic systems.
Mr. Weingard provides management and technology leadership for internal, out-sourced, and joint development projects and performs technology due diligence of strategic plans, partnerships and acquisitions. He also supports marketing, selling, training, and operations with respect to the implementation of new products, services and systems.
At UTTC, Mr. Weingard assisted in recruiting world-class technology, systems and Internet professionals to support a requirements, design, implementation, and testing process that he restructured and led to final development of UTTC's flagship Volume Weighted Average Price Trading System (VTSÔ).VTSÔ was successfully completed in April 1997. In connection with the project, he led a combination of out-source and in-house efforts that produced a state-of-the-art security infrastructure for VTSÔ and for future UTTC and ATG products that include: advanced encryption, authentication, multilevel firewalls, B-2 & C-2 level trusted subsystems, and proprietary access control mechanisms. For ATG and UTTC, Mr. Weingard works on concepts and designs for future products; briefs and demonstrates the products to a diverse spectrum of audiences; designs advanced financial analytical tools; and acts as a liaison with the PHLX on technical and business matters.
Prior to joining ATG and UTTC, Mr. Weingard was a Principal at Booz*Allen and Hamilton Inc. During his eleven years at Booz*Allen, he founded and directed the Advanced Computational Technologies Practice (ACTP) which grew to over 50 professional (technology and systems) staff in the Washington, DC area, Colorado Springs, and Sunnyvale, CA. Over this period, Mr. Weingard and his staff were directly responsible for marketing, selling, and successful performance on over $45 million of federal and commercial contract work involving complex system design and implementation, and application of advanced computational technologies. Application domains included: military; intelligence community; financial; marketing; law enforcement; biometrics; health care/medical; and manufacturing. Application areas included: pattern recognition; risk assessment; tracking and prediction; information and concept representation; filtering, fusion and analysis; modeling and simulation; autonomous decision systems; multimedia and intelligent databases; parallel and distributed processing systems; information compression and security; and speech, signal, image, text processing and recognition. Technology areas included: artificial intelligence (AI); neural networks; advanced statistics and mathematical modeling; parallel processing; and client-server, middleware and database technologies.
In 1991, Mr. Weingard and several of his staff won the highly coveted Booz*Allen Professional Excellence award that was presented and received in Paris, France. Just prior to leaving Booz*Allen, Mr. Weingard headed a cross-cutting team to recruit, challenge, and retain world-class technology and systems professionals at Booz*Allen.
Prior to joining Booz*Allen, Mr. Weingard spent five years as a senior intelligence analyst for the Defense Intelligence Agency (DIA) in Washington, DC. Prior to DIA, Mr. Weingard spent five years as a lead Nuclear Engineer for a respected architectural engineering firm in New Jersey.
Mr. Weingard is a nationally recognized expert in the field of neural networks and has been an invited panelist and lecturer for government, industry, academia, and professional societies. He has authored or co-authored over 12 scientific papers and publications. Mr. Weingard is a National Science Foundation (NSF) national mathematics award winner. He has held US government clearances above top-secret for over 16 years. He has Professional Engineering (PE) licenses in mechanical engineering from New York State and Washington State. He is the sole inventor of two US patents in the field of neural networks and is accredited with inventing five Booz*Allen proprietary technologies/products.
Mr. Weingard received his Bachelor's degree in Physics and his Master's degree in Nuclear Engineering from Cornell University in New York, and a Master's degree in Computer Science from the George Washington University in Washington, DC.
......and the list of REAL management goes on and on and on....suggest everyone reads it all at the ASTN homesite at ashtontechgroup.com
It does not get anymore REAL than this.........;^) |