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NEW YORK, May 8, 2008 -- NYSE Euronext (NYX) today announced the appointment of Benjamin J. Chrnelich as Senior Vice President and Chief Administrative Officer of NYSE Euronext Advanced Trading Solutions, a leader in providing complete connectivity, data management and transaction solutions for trading firms, vendors and financial markets throughout the world.. Mr. Chrnelich will be responsible for strategy, planning, business reporting and project management for the commercial-technology unit of NYSE Euronext. He will report to Lawrence Leibowitz, Group Executive Vice President and Head of U.S. Execution and Global Technology.
Mr. Chrnelich joins NYSE Euronext from Lehman Brothers, where he was Chief Administrative Officer for Global Equities Sales and Trading. He brings to NYSE Euronext more than 10 years experience in business planning, financial management and reporting, administration and other areas at leading financial-services and accounting firms.
NYSE Euronext Advanced Trading Solutions offers a suite of comprehensive, best-of-breed commercial technology solutions that include advanced end-to-end market data management, global exchange connectivity and matching technologies, co-location services, and super low-latency order routing capabilities. Its products attract and enable the free flow of liquidity for high-volume markets around the world. The unit currently includes SFTI®, one of the world's largest, most reliable financial transaction networks; NYSE TransactTools, the high-performance, end-to-end connectivity software; and Wombat Financial Software, offering the industry's most advanced platform for real-time market data distribution and integration. In September, following the completion of the acquisition of AEMS, the group will add world-class exchange matching technology to its stable of technology solutions. With offices across the
“NYSE Euronext Advanced Trading Solutions is an exciting new business for us, and one that will only grow in its importance to the company as a whole,” said Mr. Leibowitz. “Ben has the skills, expertise and most importantly the drive and energy to help us manage this dynamic growth and realize the maximum potential of this opportunity. He joins an extremely strong management team which will no doubt achieve success.”
For more information about NYSE Euronext Advanced Trading Solutions, visit: http://www.nyse.com/tradingsolutions
About NYSE Euronext
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, includes the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. NYSE Euronext's nearly 4,000 listed companies represent a combined $ 30.9/ € 19.8 trillion in total global market capitalization (as of
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2007 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.
About AEMS
Atos Euronext Market Solutions (AEMS) is the leading global provider of technology solutions for exchanges, clearing houses, banks, brokers, and intermediaries. AEMS was created by two industry leaders - Atos Origin and Euronext, a subsidiary of NYSE Euronext - who combined their interests to focus on providing technology exclusively for financial markets. We serve global markets throughout the trading process - banks, brokers, asset managers and intermediaries; exchanges; clearing houses and CSDs. We employ 1,300 industry experts worldwide and have offices in
In December 2007, NYSE Euronext and Atos Origin announced their agreement in principle for NYSE Euronext to acquire the 50% stake in AEMS owned by Atos Origin. The transaction is subject to the advice of the European Works Councils, satisfaction of other conditions and approvals and execution of final documents.
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