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NASDAQ OMX NLX appoints Non-Executive Board Directors

NASDAQ OMX NLX (“NLX”), the new London derivatives market launching a range of both short-term interest rate (STIRs) and long-term interest rate (LTIRs) euro- and sterling-denominated listed derivative products, announces the appointment of Daniel Hodson and Alan Gibbins as Non-Executive Board Directors of NLX.

Hodson joins NLX with a wealth of experience from related market roles including CEO of the London International Financial Futures and Options Exchange (Liffe), Non-Executive Director, London Clearing House Plc (LCH) and Non-Executive Director, Rolfe and Nolan Plc.

“I am delighted to be joining NLX at this exciting phase in its development”, said Daniel Hodson,
Non-Executive Director, NLX. “The derivatives market is going through unprecedented change in structure, creating opportunities for a new market to support customers and help them grow their businesses. I look forward to using my experience to grow NLX.”

Gibbins brings over 40 years of financial experience to NLX, having been a Partner at Price Waterhouse Coopers LLP (PwC) and Non-Executive Directorships including Jefferies Bache International Ltd / Jefferies Bache Ltd and BlueBay Asset Management Ltd.

”Since the conception of NLX, we have brought onboard people who have exceptional experience and knowledge of the markets in which we will operate”, said Charlotte Crosswell, Chief Executive Officer of NLX. “Daniel and Alan have been involved in markets over many years and have a deep understanding of the structure and participants. I look forward to working with them closely to launch and grow the NLX market.”