Ashton Technology Group (fka ASTN)

[sarals]

Fredric W. Rittereiser
Fredric Rittereiser serves as Chairman of the Board and Chief Executive Officer of Ashton. He is a cofounder of Ashton and its Universal Trading Technologies Corporation (UTTC™), Gomez Advisors, Inc., and electronic Market Center (eMC) affiliates. Mr. Rittereiser has led the product development efforts of UTTC and is directly responsible for the intelligent matching systems concept.

Mr. Rittereiser has been responsible for Ashton’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 Ashton’s financing, marketing and executive recruiting efforts.

Prior to the founding of Ashton, 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 NASD committees 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 dealer trading system for NASDAQ securities and the Instinet 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.

http://www.ashtontechgroup.com/aleaders/ritterei.html