Nasdaq OMX Hires Eric Noll To Head Transaction Services
July 06 2009 - 1:15PM
Dow Jones News
CHICAGO (Dow Jones) -- Nasdaq OMX Group Inc. (NDAQ) hired Eric
W. Noll, a former executive with Susquehanna International Group
LLP, to head its transaction services business, the exchange
operator said Monday.
The appointment fills the spot vacated by Chris Concannon, who
left Nasdaq OMX in April to join a proprietary trading firm.
Noll previously was a managing director and global head of
strategic relationships at Susquehanna, a job that included
handling the company's relationships with financial exchanges.
Noll has also worked for the Philadelphia Stock Exchange and the
Chicago Board Options Exchange.
The transaction services position at Nasdaq OMX covers the
exchange's U.S. equity and options markets, as well as its
derivatives ventures. The latter includes the International
Derivatives Clearing Group, a new facility set up to clear interest
rate swap trades.
Noll will join Nasdaq OMX on July 13 and will report to Chief
Executive Bob Greifeld.
Nasdaq OMX shares were 3% lower in midday trade at $19.84.
-By Jacob Bunge, Dow Jones Newswires; (312) 750 4117;
jacob.bunge@dowjones.com