NYSE Euronext (NYX) today announced the appointment of Benjamin J. Chrnelich as Senior Vice President and Chief Administrative Officer of NYSE Euronext Advanced Trading Solutions, a leader in providing complete connectivity, data management and transaction solutions for trading firms, vendors and financial markets throughout the world.. Mr. Chrnelich will be responsible for strategy, planning, business reporting and project management for the commercial-technology unit of NYSE Euronext. He will report to Lawrence Leibowitz, Group Executive Vice President and Head of U.S. Execution and Global Technology.
Mr. Chrnelich joins NYSE Euronext from Lehman Brothers, where he was Chief Administrative Officer for Global Equities Sales and Trading. He brings to NYSE Euronext more than 10 years experience in business planning, financial management and reporting, administration and other areas at leading financial-services and accounting firms.
NYSE Euronext Advanced Trading Solutions offers a suite of comprehensive, best-of-breed commercial technology solutions that include advanced end-to-end market data management, global exchange connectivity and matching technologies, co-location services, and super low-latency order routing capabilities. Its products attract and enable the free flow of liquidity for high-volume markets around the world. The unit currently includes SFTI®, one of the world's largest, most reliable financial transaction networks; NYSE TransactTools, the high-performance, end-to-end connectivity software; and Wombat Financial Software, offering the industry's most advanced platform for real-time market data distribution and integration. In September, following the completion of the acquisition of AEMS, the group will add world-class exchange matching technology to its stable of technology solutions. With offices across the
“NYSE Euronext Advanced Trading Solutions is an exciting new business for us, and one that will only grow in its importance to the company as a whole,” said Mr. Leibowitz. “Ben has the skills, expertise and most importantly the drive and energy to help us manage this dynamic growth and realize the maximum potential of this opportunity. He joins an extremely strong management team which will no doubt achieve success.”
For more information about NYSE Euronext Advanced Trading Solutions, visit: http://www.nyse.com/tradingsolutions