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Liffe is pleased to announce two new appointments, following the successful completion of the NYSE Euronext merger, which creates the first truly transatlantic exchange group.
Mr. Garry Jones joined Liffe on 2 August as the exchange’s Executive Director of Business Development and Strategy with responsibility for marketing, sales, product development and strategy.
Hugh Freedberg, Liffe’s Chief Executive, said: “I am delighted that Garry is joining Liffe. His experience in financial markets and global electronic trading will be a great asset to the group as we develop our business. The derivatives business has a key role to play in the future growth of NYSE Euronext’s business as a whole.”
Mr Jones joins Liffe from ICAP Plc where he was most recently Chief Executive Officer of ICAP Electronic Broking (Europe) and prior to the merger in 2003, CEO and President of BrokerTec Europe Ltd, the bank consortium owned global fixed income electronic trading platform.
Prior to this Mr. Jones worked for almost 20 years in a variety of senior management roles in trading, sales and research for Investment Banks in the USA and Europe, focussing on the bond and derivatives markets, working for Bankers Trust, Merrill Lynch, Daiwa Securities and Banque Paribas. Mr. Jones has an M.A. from Oxford University and an MBA from Stanford Business School.
Within the Liffe business there is a further appointment. Fraser Cowie, previously Executive Director of Marketing, will become Executive Director Transatlantic Business Development. Mr Cowie will lead the development and implementation of transatlantic business opportunities which have opened up as a result of the combination.
Liffe is the derivatives business of Euronext - a subsidiary of NYSE Euronext, comprising derivatives markets in Amsterdam, Brussels, London, Lisbon and Paris. Business worth over €1,500 billion is traded through Euronext.liffe every day, making it the world's second largest derivatives exchange, by value of transacted business. Liffe has created a single market for derivatives, by bringing all its derivatives products together on a single electronic trading platform, LIFFE CONNECT®. The replacement of multiple trading venues with a single market has made cross-border trading easier and cheaper.
