Euronext
FX's CEO has announced that the Electronic Communication Network (ECN)
for exchange
Exchange
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term trading has recently shuffled its executive team by appointing a
new Head of Sales. Additionally, the company seized the opportunity to
officially announce that at the beginning of the month, it appointed a new
leader for its Singapore branch.
Euronext FX Welcomes Two
New C-Level Executives
Nicolas
Jégou, the CEO of Euronext FX, shared on social media that the company has
promoted Stuart Parris to the new Head of Sales, who has been with the company
for five years. Parris began his journey at the ECN in 2018 as the Sales
Director in EMAA Sales to Asset Managers department.
Prior to
joining Euronext FX, he worked at Brown Brothers Harriman, HSBC, and Bank of
New York Mellon where he was responsible for FX Sales.
“I’m happy
to share that I’m starting a new position as Head of Sales at Euronext FX,”
Parris briefly commented on his LinkedIn.
Furthermore,
Jégou informed that at the beginning of February, the former Sales Director of
Euronext in Singapore, Wymann Shing, took over as the CEO of the local branch.
Shing has been collaborating with Euronext FX since 2019, previously working at
the Royal Bank of Scotland, FXAll, and Bloomberg, being involved in sales
departments and FX.
“On top of
being a well-deserved development for two outstanding professionals, I am
delighted to see this as proof of the high quality of the FX team and an
illustration of the internal career opportunities Euronext can offer,”
concluded the CEO.
Euronext's Strategic Moves
to Enhance Shareholder Value
In January
2023, Euronext, a leading pan-European market infrastructure, announced a €200
million share buyback program. This move signals Euronext's strong cash flow
generation capabilities and commitment to disciplined capital allocation while
maintaining its deleveraging path and investment grade credit rating.
Earlier,
Euronext sold its 11.1% stake in LCH SA, a major clearing house, to LCH Group
Holdings Limited for €111 million. Euronext initially acquired the stake in
2017 through a share swap deal with LCH Group. The sale is part of Euronext's
buyback program and is expected to conclude in early July 2023.
Headquartered
in the Netherlands, Euronext operates stock exchanges across Europe through
subsidiaries. It expanded its European footprint by acquiring Borsa Italiana
from the London Stock Exchange Group. The 2017 share swap deal saw Euronext
trade its 2.3% stake in LCH Group for an 11.1% stake in LCH SA.
More
recently, Euronext FX reported a total trading volume of $576 billion in
January 2024, up from $550 billion in December 2022. Average daily volume rose modestly from $24.5 billion to $25 billion over the same period.
Euronext
FX's CEO has announced that the Electronic Communication Network (ECN)
for exchange
Exchange
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term trading has recently shuffled its executive team by appointing a
new Head of Sales. Additionally, the company seized the opportunity to
officially announce that at the beginning of the month, it appointed a new
leader for its Singapore branch.
Euronext FX Welcomes Two
New C-Level Executives
Nicolas
Jégou, the CEO of Euronext FX, shared on social media that the company has
promoted Stuart Parris to the new Head of Sales, who has been with the company
for five years. Parris began his journey at the ECN in 2018 as the Sales
Director in EMAA Sales to Asset Managers department.
Prior to
joining Euronext FX, he worked at Brown Brothers Harriman, HSBC, and Bank of
New York Mellon where he was responsible for FX Sales.
“I’m happy
to share that I’m starting a new position as Head of Sales at Euronext FX,”
Parris briefly commented on his LinkedIn.
Furthermore,
Jégou informed that at the beginning of February, the former Sales Director of
Euronext in Singapore, Wymann Shing, took over as the CEO of the local branch.
Shing has been collaborating with Euronext FX since 2019, previously working at
the Royal Bank of Scotland, FXAll, and Bloomberg, being involved in sales
departments and FX.
“On top of
being a well-deserved development for two outstanding professionals, I am
delighted to see this as proof of the high quality of the FX team and an
illustration of the internal career opportunities Euronext can offer,”
concluded the CEO.
Euronext's Strategic Moves
to Enhance Shareholder Value
In January
2023, Euronext, a leading pan-European market infrastructure, announced a €200
million share buyback program. This move signals Euronext's strong cash flow
generation capabilities and commitment to disciplined capital allocation while
maintaining its deleveraging path and investment grade credit rating.
Earlier,
Euronext sold its 11.1% stake in LCH SA, a major clearing house, to LCH Group
Holdings Limited for €111 million. Euronext initially acquired the stake in
2017 through a share swap deal with LCH Group. The sale is part of Euronext's
buyback program and is expected to conclude in early July 2023.
Headquartered
in the Netherlands, Euronext operates stock exchanges across Europe through
subsidiaries. It expanded its European footprint by acquiring Borsa Italiana
from the London Stock Exchange Group. The 2017 share swap deal saw Euronext
trade its 2.3% stake in LCH Group for an 11.1% stake in LCH SA.
More
recently, Euronext FX reported a total trading volume of $576 billion in
January 2024, up from $550 billion in December 2022. Average daily volume rose modestly from $24.5 billion to $25 billion over the same period.
