Euronext hires post-trade chief

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Euronext hires post-trade chief

Euronext
New York Stock Exchange Group chief executive officer John Thain, third from left, NYSE Group chairman Marshall Carter, second left, Euronext executives Jean-Francois Theodore, second from right and Jan-Michiel Hessels, right, applaud the first quotation during a ceremony held at the former Paris Stock Exchange building Palais Brognard in Paris, Wednesday April 4, 2007. Exchange executives counted down the seconds to the opening of trading in Paris. NYSE-Euronext is the first trans-Atlantic stock market and the world's biggest, with a market capitalization of 22.3 billion Euro (US$29.7 billion). Euronext operates the Amsterdam, Brussels, Lisbon and Paris stock exchanges and London's Euronext.Liffe derivatives exchange. Man at left is unidentified. (AP Photo/Remy de la Mauviniere) | REMY DE LA MAUVINIERE/AP

Andrew Simpson, ex-coo at Rate Validation Services, has been appointed head of post-trade at Euronext as the exchange operator makes a push to expand its post-trade services following a demerger with parent company IntercontinentalExchange earlier this year. Simpson will be responsible for developing Euronext’s relationship with LCH.Clearnet and its clearing strategy for both cash and derivatives markets.

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