Businessman Vincent Viola enters Trump Tower in Manhattan, New York

Trump nominates trading firm founder Viola as Army secretary

Businessman Vincent Viola enters Trump Tower in Manhattan, New YorkBy Doina Chiacu and John McCrank WASHINGTON/NEW YORK (Reuters) – President-elect Donald Trump will nominate Vincent Viola, an Army veteran and founder of a high-speed trading firm, to be secretary of the Army, adding another figure from the business world without government experience to his Cabinet. Viola is a West Point graduate who founded the highly profitable high-frequency trading firm Virtu Financial Inc in 2008, Trump’s transition team said in a statement on Monday. Viola is a former chairman of the New York Mercantile Exchange, where he began his financial services career, and is a leader in electronic trading.

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