NYSE Adds Doug Yones as Head of Exchange-Traded Products

The New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (NYSE) group, a constituent of the Intercontinental 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 Doug Yones as its newest Head of Exchange-Traded Products (ETPs), according to an NYSE statement.

Mr. Yones will step into his new role as Head of ETP on November 3, 2015, joining the exchange group from Vanguard. He has garnered an extensive background in the financial services industry, boasting over seventeen years of combined experience, having served most recently as the Head of Domestic Equity Indexing and Exchange Traded Funds (ETF) product management.

In this capacity, Mr. Yones focused on implementing and launching new ETFs at Vanguard, whilst also fostering the relationship across the market-making and the exchange community, in Asia, Europe and North America.

According to NYSE Group President Tom Farley in a recent statement on the appointment, “The addition of Doug to the NYSE team further strengthens our unique ability to deliver NYSE issuers customized, full service from the moment they start developing their product through their listing day, and for the growth of the product. We look forward to leveraging his extensive background in ETFs and other exchange traded products in order to continue to provide issuers with superior market quality for the trading of their ETPs.”

“We’re thrilled to have Doug’s leadership as we continue to expand our exchange traded product team. As the ETF industry expands to record levels, our team works closely with our issuer partners to provide best-in-class listings services and rule filing support, while enhancing the evolving market structure,” added Steve Crutchfield, NYSE VP and Head of Options Markets, ETPs and Bonds, in an accompanying statement.