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Nasdaq OMX appoints Charlotte Crosswell president of pan European market

14 May 2008  |  2069 views  |  0 Source: Nasdaq OMX

The NASDAQ OMX Group, Inc. (NasdaqGS:NDAQ) today announced the appointment of Charlotte Crosswell as President of its NASDAQ OMX Pan European Market, a high-volume trading platform which will link multiple trading pools across Europe.

Ms. Crosswell will be based in London and responsible for the operations and strategic development of the Pan European Market. She will report to Chris Concannon, Executive Vice President, Transaction Services, NASDAQ OMX.

NASDAQ OMX announced its Pan European Market in March and plans to launch the market in September, pending FSA approval.

"Charlotte has an in-depth knowledge of the European and global exchange business, and this in combination with her sales, marketing and investment industry expertise make her an ideal leader to develop and take our new platform forward," commented Mr. Concannon.

Ms. Crosswell will join NASDAQ OMX Pan European Market from Pension Corporation, a London-based pension management firm, where she has been a Partner and head of Business Development. At Pension Corporation, she has been responsible for the firm's business development strategy, as well as developing relationships with customers, the actuarial community and the media.

Prior to joining Pension Corporation, Ms. Crosswell was head of International Listings for The NASDAQ Stock Market, Inc. While with NASDAQ, she was responsible for non-U.S. IPOs and managing NASDAQ's relationships with its overseas listed companies through representatives based in London, New York, Bangalore, and Beijing. Charlotte has also held a number of management positions at The London Stock Exchange, including Head of International Business Development. She has a BA (Hons.) in French from the University of Southampton.

The NASDAQ OMX Pan European Market will enable best execution in high volume securities trading in a cross-border, multi-market environment. The market, which will be the first platform to connect European liquidity pools with Pan-European routing, is scheduled to open in September 2008. At launch it will trade approximately 300 of the most actively traded European blue chip shares. The NASDAQ OMX trading platform is recognized as the fastest in the industry with peak trading speeds of 250 microseconds. The launch of the NASDAQ OMX Pan European Market is subject to FSA approval.

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