The Nasdaq Stock Market and the London International Financial Futures and Options Exchange (Liffe) have named Warren Langley as chief executive officer of the Nasdaq/Liffe single stock futures joint venture.
The new market, which filed for regulatory approval two weeks ago, will operate on Liffe Connect, Liffe's electronic trading platform.
Langley previously served from 1996 to 1999 as president and chief operating officer of the Pacific Exchange. From 1987 to 1996 he was chief operating officer of Hull Trading Company, a Chicago-based proprietary trading firm active in futures, options and other derivatives markets. He was also chairman of the executive management committee at Hull Trading. Most recently he has been involved in the venture capital markets.
Hugh Freedberg, Liffe's chief executive, comments: "Warren's track record is tailor-made to drive this unique venture forward as a customer-focused business. His broad-based executive management experience in the futures, securities and options industries uniquely qualifies him to lead the development of this market which will serve equities and derivatives investors worldwide."