Head of Global Exchange, Alberto Pravettoni Parts Ways with LCH.Clearnet

LCH.Clearnet was left with a glaring void to fill following the departure of Alberto Pravettoni, the group’s Head of Global 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 – since leaving the group has allocated his responsibilities to Cecile Nagel and Bruce Kellaway.

Mr. Pravettoni assumed the role of Head of Global Exchange just three months ago at LCH.Clearnet, having left to pursue other interests. In the interim, his role has been partially filled via the appointment of Cecile Nagel to Global Head of Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and Bruce Kellaway to Global Head of Fixed Income.

The two executives will share Mr. Pravettoni’s former responsibilities until a full time replacement can be found to effectively incorporate the duties into one cohesive role. Prior to Mr. Pravettoni’s role as the Global Head of Exchange, he served as the Managing Director of Goldman Sachs and the Vice President at Citibank.