Tradeweb Markets Inc. announced Justin Peterson will become its new Chief Technology Officer (CTO). Peterson joined the company more than 20 years ago and currently holds the role of Managing Director, Head of Institutional Technology. During this time, Peterson has helped lead technical developments at Tradeweb, and steps into his new role with vast practical experience to help drive the company’s innovative growth strategy, with particular focus on developing advanced trading solutions. Jay Spencer, current CTO, will be stepping down from his role in April after 12 years with the company, and retiring. In his new role, Peterson will have global responsibility for all software strategy and development, client integration and infrastructure advancements including managing Tradeweb’s complex security systems. Peterson will report to Lee Olesky, Chief Executive Officer. Prior to joining Tradeweb, Peterson held senior roles with Citibank and NYNEX Science and Technology and developed computer-aided design tools at Hughes Aircraft Company.