Ivers Whitman Riley (September 28, 1932 in

Los Angeles, California Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...

– February 17, 2015 in

Savannah, Georgia Savannah ( ) is the oldest city in the U.S. state of Georgia (U.S. state), Georgia and is the county seat of Chatham County, Georgia, Chatham County. Established in 1733 on the Savannah River, the city of Savannah became the Kingdom of Great Br ...

) served as Chairman of the

International Securities Exchange International Securities Exchange Holdings, Inc. (ISE) is a wholly owned subsidiary of American multinational financial services corporation Nasdaq, Inc. It is a member of the Options Clearing Corporation (OCC) and the Options Industry Council ...

from 2002 to 2006, as well as Chief Executive of the

Hong Kong Futures Exchange Hong Kong Futures Exchange (HKFE) is a futures exchange in Hong Kong. Established in 1976, it offered a variety of options and futures contracts, linked to stock market indices, stocks, short-term interest rates, and foreign exchange. HKFE is a su ...

from 1994 to 1997 and again from 1999 to 2000. He has been recognized as a driving force behind the development of

SPDR SPDR funds (pronounced "spider") are a family of exchange-traded funds (ETFs) traded in the United States, Europe, Mexico and Asia-Pacific and managed by State Street Global Advisors (SSGA). Informally, they are also known as Spyders or Spiders. S ...

funds and in 2005 he was inducted into the Futures Industry Hall of Fame.

Background

Ivers Riley graduated from The

University of California, Los Angeles The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California. UCLA's academic roots were established in 1881 as a teachers college then known as the southern branch of the California St ...

in 1955 with a Bachelor of Science degree in finance. In 1986, Riley attended the six-week Advanced Management Program at

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

. He served as Executive Vice President of the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...

from 1983 to 1986. From 1987 to 1993, Riley served as Senior Executive Vice President in charge of all derivatives activity at the American Stock Exchange, where he helped coordinate a plan to attract trading of SPDR funds. From 1994 to 1997 and again from 1999 to 2000, Riley served as Chief Executive of the

and Charmain of the Hong Kong Futures Exchange Clearing Corporation. From 2002 to 2006 he served as Chairman of the

References

1932 births 2015 deaths University of California, Los Angeles alumni {{US-CEO-stub