ICE appoints Lynn Martin president of the NYSE By Reuters

© Reuters. FILE PHOTO: Signage hangs over the buying and selling flooring on the New York Inventory Trade (NYSE) in Manhattan, New York Metropolis, U.S., August 19, 2021. REUTERS/Andrew Kelly

(Reuters) – Intercontinental Trade (NYSE:) mentioned on Monday it appointed Lynn Martin, who runs its Fastened Revenue and Knowledge Companies, as the following president of the New York Inventory Trade.

Martin will succeed Stacey Cunningham, who was the NYSE’s first feminine president, and Cunningham will be part of the NYSE’s board of administrators, Intercontinental Trade, which owns the NYSE, mentioned in a press launch.

As well as, finance and securities lawyer Sharon Bowen, an ICE and NYSE board member, will change into the NYSE’s subsequent Chair.

The management shakeup comes because the NYSE faces rising competitors from Nasdaq Inc. Nasdaq has raised a complete of $191 billion by IPOs in 2021, almost double the $109 billion raised on the NYSE, in line with knowledge from Dealogic.

Cunningham turned NYSE’s chief working officer in June 2015 and managed the corporate’s money equities markets, relationship administration, product administration, and NYSE governance providers.

Disclaimer: Fusion Media wish to remind you that the info contained on this web site is just not essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs usually are not offered by exchanges however slightly by market makers, and so costs will not be correct and should differ from the precise market value, that means costs are indicative and never acceptable for buying and selling functions. Due to this fact Fusion Media doesn`t bear any duty for any buying and selling losses you would possibly incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm because of reliance on the data together with knowledge, quotes, charts and purchase/promote indicators contained inside this web site. Please be totally knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding varieties attainable.

What do you think?

Written by colin


Leave a Reply

Your email address will not be published. Required fields are marked *



Reside Nation buys 51% stake in OCESA, the world’s third largest live performance promoter, for $416m

Newest information updates: BuzzFeed shares endure unstable debut on the Nasdaq