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NYSE Euronext announces changes to its London management team

Aug 29, 2013

NYSE Euronext announces changes to its London management team

August 29, 2013

London – 29 August 2013 – NYSE Euronext (NYX) today announced the restructured leadership team for its regulated exchange business NYSE Liffe.

  • Finbarr Hutcheson, Co-Chief Executive of NYSE Liffe with responsibility for commercial and business development, becomes sole CEO;
  • Andrew Dodsworth, Executive Director of Market Services, has been appointed as a Director of the LIFFE Board.

Following the successful delivery of the clearing transition to ICE Clear Europe, Mark Ibbotson - Co-Chief Executive of NYSE Liffe with responsibility for exchange trading, clearing and regulation and Global Head of Clearing -   has decided to pursue other external opportunities and will be leaving the Company.

“Mark Ibbotson leaves NYSE Euronext after 23 years of distinguished service. His many achievements include most recently the successful transition of LIFFE’s clearing to ICE Clear Europe.  On behalf of NYSE Euronext and the LIFFE Board, I would like to thank Mark for the major contributions he has made to our Company and the industry over the past two decades. Mark has led much of the innovation at LIFFE, has mentored many of his colleagues, has represented us on a number of industry initiatives, is well respected by our clients and the regulators and LIFFE’s successful migration to ICE Clear is the most recent of a long career replete with similar accomplishments. We wish him well in the future,” said Duncan L. Niederauer, Chief Executive Officer of NYSE Euronext.

NYSE Liffe will revert to a more traditional Exchange structure where Finbarr Hutcheson will become the sole CEO.

Following his extensive past experience of running each of NYSE Liffe’s trading, clearing and regulatory operations, Andrew Dodsworth will join the LIFFE Board. 

Media Contacts:
James Dunseath: jdunseath@nyx.com / +44 207 379 2804
Adaora Anunoby: aanunoby@nyx.com / +44 207 379 2316

About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world’s equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.

Disclaimer
None of the information contained in this press release constitutes an offer, solicitation or recommendation to acquire or dispose of any security or investment or to engage in any other transaction or to provide legal, tax, accounting or investment advice or services regarding the suitability or profitability of any security or investment. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by NYSE Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. NYSE Euronext offers no view on whether investments are appropriate for you  and recommends you obtain independent advice in respect of such investments. Persons wishing to trade products available on NYSE Euronext markets or wishing to offer such products to third parties (whether by way of admission to listing and/or trading of products, or otherwise) are advised, before doing so, to check their legal and regulatory position in the relevant territory and to understand the related risks. NYSE Euronext does not make any recommendations regarding the merit of any company, security or other financial product or investment identified in this press release. Similarly, NYSE Euronext does not make any recommendation regarding the purchase or sale of any company, security, financial product or investment, endorsed or sponsored by any company identified in this press release. This press release is not intended to be, and shall not constitute in any way a binding or legal agreement, or impose any legal obligation or duty on NYSE Euronext or any of its affiliates. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein. NYSE Euronext refers to NYSE Euronext and its affiliates and references to NYSE Euronext in this publication include each and any such company as the context dictates. NYSE Euronext, New York Stock Exchange, NYSE MKT, NYSE Alternext, EnterNext, NYSE Arca and NYSE Liffe are registered marks of NYSE Euronext. © 2013, NYSE Euronext – All rights reserved.

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