Mr. Garry Jones joined Liffe on 2 August as the exchange's Executive Director of Business Development and Strategy with responsibility for marketing, sales, product development and strategy.

Hugh Freedberg, Liffe's Chief Executive, said: "I am delighted that Garry is joining Liffe. His experience in financial markets and global electronic trading will be a great asset to the group as we develop our business. The derivatives business has a key role to play in the future growth of NYSE Euronext's business as a whole."

Mr Jones joins Liffe from ICAP Plc where he was most recently Chief Executive Officer of ICAP Electronic Broking (Europe) and prior to the merger in 2003, CEO and President of BrokerTec Europe Ltd, the bank consortium owned global fixed income electronic trading platform.

Prior to this Mr. Jones worked for almost 20 years in a variety of senior management roles in trading, sales and research for Investment Banks in the USA and Europe, focussing on the bond and derivatives markets, working for Bankers Trust, Merrill Lynch, Daiwa Securities and Banque Paribas. Mr. Jones has an M.A. from Oxford University and an MBA from Stanford Business School.

Within the Liffe business there is a further appointment. Fraser Cowie, previously Executive Director of Marketing, will become Executive Director Transatlantic Business Development. Mr Cowie will lead the development and implementation of transatlantic business opportunities which have opened up as a result of the combination.