NYSE Euronext has appointed Thomas Callahan from Merrill Lynch
as executive vice-president, head of US Futures. Callahan will
report to Hugh Freedberg, group executive vice-president and
head of global derivatives.
Callahan joins the exchange after 15 years at Merrill Lynch.
Since April 2005 he has served as head of Merrill Lynch Global
Financial Futures and Options, where he was responsible for
global listed derivatives for debt, equity, FX and commodity
While at Merrill Lynch in both New York and London,
Callahan, who began his career at Prudential Securities in
1992, held numerous leadership positions, including head of
global debt financing, co-head of global prime brokerage, head
of European vanilla interest rate trading and sales, head of
global money markets trading, and senior trader in ML
The new exchange, which hopes to receive regulatory approval
in the third quarter of this year, will initially launch the
former Chicago Board of Trade gold and silver contracts it
acquired in the formation of CME Group, with other financial
contracts also believed to be in the pipeline.
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