Euronext hires former EuroCCP executive

Hire of exec to manage the exchange operator's relationship with LCH.Clearnet follows a renegotiation of its contract with the clearing house

Euronext, the operator of four continental European exchanges, has bolstered its post-trade division with two new hires including former EuroCCP executive Andrew Simpson.

Simpson, who joined Euronext as head of post-trade this week, will be responsible for the exchange operator's relationship with LCH.Clearnet, the international clearing house majority-owned by the London Stock Exchange, and the development of its cash and derivatives markets clearing strategy, Euronext said on Thursday.

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