The trading and technology industry has faced a tumultuous year of putting long-awaited rules into action, ranging from trade reporting to high-frequency trading and settlement.

The industry's collective response has been impressive, focusing on new initiatives, novel products and technological innovations. These trends are shown in this year's FN 40 Under 40 Rising Stars in Trading & Technology - Financial News' editorial pick of the bright young men and women in the industry. The 2014 list, which is our fifth, includes individuals at the forefront of steering their divisions and companies through a sea of red tape and regulatory acronyms, including Emir, Mifid II and CSDR.