Reid has Extensive Experience in Strategy and Technology of Trading Systems
DALLAS–(BUSINESS WIRE)–Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, announced today that it has appointed Mr. Keller Reid to its board of directors, effective immediately. Mr. Reid replaces Andrew Malloy, who resigned.
Mr. Reid has extensive experience in the strategy and technology of trading systems. He has been at Ackerman Capital Management, a Dallas-based family office, for fourteen years and is currently responsible for trading and execution and oversees the technological infrastructure of the firm. Previously, Mr. Reid served as Vice President, Head of Execution Sales and Strategy at Apex Clearing. He joined Apex via their acquisition of Penson Clearing, where his positions included Head of Execution Services and Trading, and Chief Operating Officer of Penson Execution Services. While at Penson, Mr. Reid developed an electronic routing algorithm that was granted a patent by the United States Patent and Trademark Office, (U.S. 8015099). Mr. Reid also served as a Director of the Dallas Security Traders Association for fourteen years and was a long-standing member of the Security Traders Association Retail Roundtable and SIFMA Listed Options Trading Committee.
Gust Kepler, Chief Executive Officer of Blackboxstocks, commented, “We are extremely pleased to welcome Keller Reid as a member of our board. We believe that Keller’s vast industry knowledge and long standing relationships with leading financial institutions will benefit Blackbox as we launch an initiative to sell our proprietary technology on an enterprise level and expand our addressable market to include a B2B model.”
About Blackboxstocks, Inc.
Blackboxstocks, Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs “predictive technology” enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/screenshare feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans 42 countries; current subscription fees are $99.97 per month or $959.00 annually.
For more information, go to: www.blackboxstocks.com.
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