Georges Laurchard Joins Euronext as COO

Georges Lauchard became Chief Operating Officer and Member of the Managing Board at Euronext in Paris, pending all relevant approvals, the firm has announced. He will take up his new role today, March 17, 2020.

Lauchard will oversee Euronext's operational strategy, policies, 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, supporting the company’s ambition to become the leading market infrastructure in Europe.

“We are excited to welcome Georges Lauchard to Euronext. As the company deploys its new three-year strategic plan ‘Let’s grow together 2022’, we are committed to make Euronext’s success scalable to grow further, and George will help the management team reinforce the execution of Euronext’s ambition. His deep knowledge of our industry, as well as his experience in managing large and complex organisations and executing transformations at scale, will be a great addition to the team,” said Stephane Boujnah, CEO and Chairman of the Board at Euronext.

Long career

Prior to joining Euronext, Lauchard worked as COO/CFO at JPMorgan’s Investment Bank technology team since February 2018.

He spent 20 years at the bank in London and Hong Kong, holding numerous leadership roles.

Lauchard was Head of Global Front Office Market supervision, COO of Global Currencies and Emerging Markets Trading, as well as COO of the Asian Markets and Investor Services Sales, Merger Integration Project Manager and Operations and Client Services Manager.

His career began at JP Morgan in Paris 1996. He then moved to BNP Paribas in New York, where he spent two years before moving to JPMorgan in London.

“I am delighted to join Euronext’s leadership team. Euronext has delivered significant growth over the past four years whilst diversifying from a pure 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 to a key infrastructure-as-a-service player for the financial industry and the real economy. I am looking forward to being part of the next phase of this journey as Euronext further accelerates its growth, and scales its technology platform whilst driving innovation with our clients,” Lauchard commented on his appointment.