NYSE Euronext (NYX) today announced the formation of a Strategic Committee to assist and advise its Board of Directors in implementing plans, announced in July 2010, for a Paris-based Multilateral Trading Facility (MTF). Dubbed NYSE BondMatch, this is intended to meet user needs for transparency, liquidity and effective pre- and post-trade services on the euro-denominated bond market.
The Strategic Committee will monitor market developments that could affect the organization of NYSE BondMatch and conduct reviews to advise the Board on related strategic options and projects.
Jean-François Boulier, CEO of Aviva Investors Europe, will chair the Strategic Committee and report to Roland Bellegarde, NYSE Euronext’s Executive Vice President for European Listing and Cash Trading. Other initial members of the Committee will include its Deputy Chairman Christophe Roupie, Global Head of Trading and Securities Financing at Axa Investment Managers, Luc Caytan, Managing Director Global Financials Services of KBL European Private Bankers, Fabrizio Capanna, Head of Retail Credit Trading Europe (ex-UK) at BNP Paribas CIB and Ibrahima Kobar, Chief Investment Officer Fixed Income at Natixis Asset Management.
“We are delighted that these outstanding professionals have agreed to join the NYSE BondMatch Strategic Committee," said Dominique Cerutti, President and Deputy CEO of NYSE Euronext. "They have the extensive experience and in-depth knowledge of the business world needed to help us define the right strategy for future growth. They also reflect the diversity of potential users of our new bond trading platform.”
Jean-François Boulier, CEO of Aviva Investors Europe, added: “It is an honour and a pleasure for me to accept the chairmanship of NYSE BondMatch’s Strategic Committee, and draw on my experience of bond markets to contribute to the definition of a framework for its development. NYSE BondMatch marks a significant step forward for corporate bond markets, which should gain added appeal for European investors as a result.”