Meaghan Dugan Joins IMC as Lead for U.S. Market Structure Strategy

Meaghan Dugan Joins IMC as Managing Director for U.S. Market Structure Strategy

On October 19, 2026, IMC, a prominent global trading firm focused on quantitative research, announced the appointment of Meaghan Dugan as Managing Director for their U.S. Market Structure Strategy. This appointment is a significant step for IMC as it aims to strengthen its strategic operations within the U.S. trading ecosystem.

Dugan brings an extensive track record of over two decades of experience in the trading sector, particularly in derivatives, options trading, and electronic trading mechanisms. Her career's foundations were laid as a market maker, initially honing her skills in high-pressure trading environments before transitioning into leadership roles within large organizations such as Cboe Global Markets and the New York Stock Exchange (NYSE).

Having served as the Senior Vice President and Head of U.S. Derivatives at Cboe, Dugan's responsibilities previously included overseeing business strategy, competitive positioning, and market development for their options and futures businesses. Her understanding of the nuances of the U.S. options market from various perspectives—such as providing liquidity and building exchange services—makes her an invaluable asset to IMC.

Kyle Gray, Managing Director of IMC U.S., expressed enthusiasm for Dugan's arrival, stating, "We're thrilled to welcome Meaghan to IMC. Well-functioning markets are the foundation of everything we do, and few people understand how the U.S. trading venue ecosystem fits together better than she does." This sentiment underscores the importance that IMC places on having experienced leaders who can navigate the complexities of market structures while promoting growth in the trading landscape.

Dugan's vision aligns seamlessly with IMC's commitment to maintaining fair, efficient, and resilient markets. In her own words, she stated, "Joining IMC feels like coming home. IMC combines deep trading expertise with technology and a long-standing commitment to fair, efficient, and resilient markets." This perspective signals Dugan's readiness to spearhead initiatives that will enhance the trading experiences for investors and liquidity providers alike.

Before her tenure at Cboe, Dugan played a pivotal role at NYSE as the Head of Options, where she managed the NYSE American Options and NYSE Arca Options markets. Her expertise in the field was further solidified during her 11 years at Bank of America, where she was the Head of Product for U.S. Electronic Options and Global Futures Algorithms.

IMC operates at the intersection of technology and quantitative trading, developing proprietary systems and algorithms to trade across global markets effectively. Their Chicago office, located in the iconic Willis Tower, serves as the core for their U.S. Options, Futures, and ETF businesses.

With Dugan at the helm for U.S. market structure strategy, IMC aims to enhance its participation in industry conversations surrounding market structure, thereby solidifying its position as a leader in the trading domain. As investors and market participants anticipate an evolving landscape, Dugan's leadership will be instrumental in shaping the future of trading practices and regulations.

For more information about IMC and its initiatives, visit www.imc.com.