Former Liffe CEO appointed as head of the London Metal Exchange
The London Metal Exchange (LME) has appointed Garry Jones as
its new chief executive officer, equipping itself with an
experienced leader to take over from Martin Abbott later this
year writes Jonathan Watkins.
Jones previously operated as CEO of NYSE Liffe and has also
held similar positions at Brokertec Europe and ICAP Electronic
Speculation has been mounting in recent weeks as to who would
succeed Abbott in the coveted role, with names such as Martin
Pratt, Jones and LME's own COO, Diarmuid O'Hegarty, said to be
in the running.
By turning to Jones, LME will be hoping to benefit from the
industry veteran’s 30 years experience in
financial services, including his most recent role at the helm
of Liffe and his appointment reflects the group’s
wider ambitions in the derivatives markets.
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