OptionsCity was acquired in June 2017 by Vela Trading Systems. Following the acquisition, Dawani joined Vela as chief product officer.
Earlier, Dawani worked as a director in the software department at Chicago Trading Company (CTC), where he had a leading role in designing and building the main electronic trading and market making engine and interface. That system led to the company's swift growth in electronic trading revenue.
Dawani also had a role in the creation of a software development process with the implementation of a support process and a management control system.
Dawani grew up in Jordan and moved to Chicago to attend the Illinois Institute of Technology, where he received a BA in computer science and was a scholar in the IIT Leadership Academy.
In December of 2012, Dawani was named in the Crain’s Chicago Business 2012 “40 under 40” list. The publication honors influential up-and-comers with this award, specifically recognizing Chicago professionals who have made a significant impact in their respective fields before age 40.
He was honored on June 24, 2019 with Illinois Tech's Emerging Leader Award at IIT's Tech-X Awards Dinner.
JLN News Feed
Central Bank Decisions, Not G7, Seize Options Traders’ Attention; UBS Faces Backlash Over Options Strategy
Delisting of Securities of iPic Entertainment Inc., Ultra Petroleum Corp., and Warrant of Repay Holdings Corporation from The Nasdaq Stock Market
Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date July 31, 2019
Confidence in the ag economy soars; producers confirm large prevented plantings of corn and soybeans
We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.