NYMEX Europe Appoints Roy Leighton As Chairman

NYMEX Europe Limited announced today that it has appointed Roy Leighton as chairman of the board of directors.

Mr. Leighton served as UK chairman of Calyon, as well as the European Advisory Board of Calyon (formerly Credit Lyonnais) where he has been employed since 1973. He led the company in crude oil, natural gas, and metals projects in Asia, the Middle East, Latin America, and the former Soviet Union. While chairing the company's derivatives unit, he helped build one of the world's leading portfolios of corporate clients.

Mr. Leighton has held appointments as deputy chairman and chairman designate of the Financial Services Practitioner Panel; chairman of the Futures and Options Association; chairman of World Bank's International Task Force for Commodities; industry chairman of the Westminster Associate Parliamentary Group for Wholesale Financial Services and Markets; director of the International Financial Services London, Ltd., and chairman of its members forum; non–executive director and chairman of the audit committee of EDX; and non–executive director of Charterhouse Communications, plc.

He is a council member of the British Consultants and Contractors Bureau (BCCB), a visiting professor at City University, and a director of the Financial Services Skills Council.

New York Mercantile Exchange Chairman Mitchell Steinhause said, "Roy is an excellent addition to the NYMEX London executive management team. We will rely on his guidance as we chart our course in the European futures markets."

New York Mercantile Exchange President James E. Newsome said, "Roy has a proven track record in the futures industry, and we look forward to working with him to restore open outcry trading to the London financial community." Samuel Gaer, chief executive officer of NYMEX Europe, said, "We are delighted to have Roy on board in London. He is well-respected in the futures, energy, and metals industries, and brings a depth of knowledge and experience to the Exchange."