Euronext Taps Paul Humphrey as Its Head of FICC Strategy

Euronext, Europe’s largest 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, has appointed industry veteran Paul Humphrey as its newest Head of Fixed Income, Rates, and FX (FICC) Strategy, according to a recent Euronext statement.

Mr. Humphrey’s appointment will be tendered on January 4, 2015 – in his new role he will be tasked with overseeing and managing the group’s development and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term of its strategy across FICC markets where he will report to Euronext’s, Lee Hodgkinson, Head of Markets and Global Sales.

Mr. Humphrey joins Euronext from Thomson Reuters, having served as its Business & Strategy Consultant. Additionally, he has worked in senior level roles at Tullett Prebon PLC, ABN Amro Bank NV, Van Der Moolen, SLK/Goldman Sachs, and ICAP.

According to Mr. Hodgkinson in a recent statement on the appointment, “We are very excited to have Paul join our company. His appointment further strengthens our senior leadership team and his vast experience and strong vision will help us fulfill our growth ambitions in an important sector of the business.”

“I am delighted to join Euronext and its strong leadership team to develop these important business sectors. Structural and regulatory developments in these markets present opportunities across the whole value chain, and I believe Euronext is well positioned to take full advantage,” added Mr. Humphrey in an accompanying statement.

Last month, Euronext made headlines after it saw the initial public offering (IPO) of ABN AMRO (ticker symbol: ABN). The IPO was a large success, having managed to raise $3.5 billion (€3.3 billion), which constituted the second largest IPO in Europe in 2015 – furthermore, ABN AMRO achieved a market capitalization of $17.9 (€16.7 billion), which is by far the highest in Europe’s markets since 2011.