NYSE Euronext Appoints John Spiegel as Vice President, Interest Rate Business Development for NYSE Liffe U.S.
by NYSE Euronext 20 Jul 10:22
NEW YORK, July 19, 2011 ─ NYSE Euronext (NYX) today announced that John Spiegel has been appointed as Vice President, Interest Rate Business Development, for NYSE Liffe U.S. In this Chicago-based role, Mr. Spiegel is responsible for expanding the NYSE Liffe U.S. interest rate futures complex by continuing to create and develop strong customer relationships across the spectrum of key market participants, including banks, asset managers, FCMs, and inter-dealer brokers. He will report to Marco Bianchi, Senior Vice President, Head of Business Development, NYSE Liffe U.S.
“NYSE Liffe U.S. is making rapid progress in developing a liquid, efficient and innovative futures execution and clearing platform. We are highly focused on ensuring that our customers have the products, services and support they need within our rapidly growing exchange,” said Thomas Callahan, CEO, NYSE Liffe U.S. “John brings a record of accomplishment and customer focus, with a unique background that spans both the derivatives and cash markets. His unique experience underscores our commitment to innovation and customer focus.”
With over 20 years of cash and derivatives trading experience, Mr. Spiegel has worked with an array of market participants to create relationships, attract order flow and develop new business opportunities. Most recently, he was founder and President of Eaton Capital, a listed derivatives consultancy business. Prior to that, Mr. Spiegel was CEO of the US Futures Exchange. Previously, Mr. Spiegel traded interest rate products at Rosenthal Global Securities, and was a Managing Director and Partner at Cantor Fitzgerald Securities. Mr. Spiegel received a bachelor’s degree in Finance from Boston College.
With 6 million total contracts traded and 655, 000 in Open Interest on NYSE Liffe U.S. since launching Eurodollar and U.S. Treasury futures in late March, the exchange continues to demonstrate its commitment to customers with strong market quality, liquidity and capital efficiency. Additionally, NYPC recently announced the completion of its first physical trade delivery that seamlessly submitted $1.275 billion notional in expiring U.S. Treasury futures from NYPC to The Depository Trust & Clearing Corporation’s (DTCC) Fixed Income Clearing Corporation (FICC) for physical delivery.
For more information and market data, please visit: http://www.nyseliffeus.com