Sarah Heffron joins NSX board

Source: National Stock Exchange

National Stock Exchange (NSX) today announced the appointment of Sarah E. Heffron, Executive Director at J.P. Morgan, as a Director on the National Stock Exchange, Inc. Board.

She was also appointed Director to the Board of NSX Holdings, Inc., the Exchange's parent company.

As J.P. Morgan Executive Director of Electronic Client Solutions, Ms. Heffron is currently responsible for electronic trading product development for exchange based products globally, focusing on the prime brokerage and hedge fund distribution channels in J.P. Morgan's Investment Bank. Ms. Heffron replaces Aldo Parcesepe, previously of Bear, Stearns & Co. Inc., who recently retired from NSX's Boards.

"We are pleased to have Sarah as a member of NSX's Boards as she brings a depth of knowledge and a new perspective on the issues facing the securities industry," said Joseph S. Rizzello, NSX Chief Executive Officer and Chairman of NSX Holdings, Inc. "Her experience with electronic trading platforms will be particularly valuable to NSX as we continue to execute our business strategy going forward."

Ms. Heffron joined J.P. Morgan in 1999 and spent several years in Foreign Exchange and Equity Derivatives in various roles including project management and technology development. In 2004, she moved to Institutional Equities to build out an electronic execution trading desk. Since then, she has been instrumental in business development initiatives within Equities trading and the expansion of J.P. Morgan's electronic trading product globally and across asset classes. In 2006, she was appointed the North American head of J.P. Morgan's Electronic Client Solutions portal strategy team where she was responsible for platform distribution of the firm's global direct market access and algorithmic trading products to institutional customers. She received a Bachelor of Science degree in Computer Science from Tulane University.

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