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Jeffrey Craig Sprecher (/ ˌ s p r ɛ k ə r /, SPREK-ər, born February 23, 1955) is an American businessman, the founder, chairman, and CEO of Intercontinental Exchange, and chairman of the New York Stock Exchange.
The New York Stock Exchange (NYSE, nicknamed "The Big Board") [4] is an American stock exchange in the Financial District of Lower Manhattan in New York City.It is the largest stock exchange in the world by market capitalization, [5] [6] [7] exceeding $25 trillion in July 2024. [8]
Jeffrey Sprecher was a power plant developer who spotted a need for a seamless market in natural gas used to fuel power stations. [2] In the late 1990s, Sprecher acquired Continental Power Exchange, Inc. with the objective of developing an Internet-based platform to provide a more transparent and efficient market structure for over-the-counter energy commodity trading.
For the first time in its 213-year history, the New York Stock Exchange became a for-profit company, and began trading publicly on its own stock exchange under the NYX ticker. [9] Owners of the 1,366 NYSE seats received 80,177 shares of NYSE Group stock plus $300,000 in cash and $70,571 in dividends for each seat. [ 10 ]
After the Intercontinental Exchange (ICE) purchased Interactive Data in 2015, Martin became head of ICE's fixed-income and data business unit. [1] In December 2021, Martin was announced as the incoming 68th president of the New York Stock Exchange (NYSE), with her predecessor Stacey Cunningham moving onto the NYSE's board of directors.
This is a list of presidents of the New York Stock Exchange. President 1817–1818 Anthony Stockholm: 1818–1824 Gurdon S. Mumford: 1824–1827 Edward Lyde: 1827–1830
NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. [1]
SIAC was created on July 17, 1972, as a wholly owned subsidiary of the NYSE and American Stock Exchange. [2] The NYSE owned two thirds of SIAC, while the AMEX owned one third. [ 3 ] SIAC initially provided processing services for both NYSE and AMEX's clearing corporations, and continued to do so when these merged into the National Securities ...