The Texas Stock Exchange (TXSE) has named a number of hires before its expected 2026 launch, poaching senior names from incumbent rivals as it seeks to become “the premier listing for exchange-traded products (ETPs) globally”.
The focus on ETP listings may be a reaction to NYSE’s plans to reincorporate its Chicago exchange in Texas.
READ MORE: NYSE aims body blow at TXSE with Texas plan
Robert Marrocco has been appointed global head and Allison Hennessy managing director of the ETP division.
Marrocco has been a vice president and global head of ETP listings at Cboe Global Markets since 2023, spending almost a decade at the company. Prior to this, he was at NYSE and ICE for three years.
Hennessy has more than a decade of industry experience and joins TXSE from Nasdaq, where she was most recently head of ETP listings. She also spent two years as managing director of US equities at the company, and almost seven years at State Street Global Advisors.
Two other Cboe alums, Kyle Murray and Laura Morrison, have joined the exchange as legal head of global listings and strategic advisor respectively.
Murray was legal head of global listings at Cboe for more than two years, a role held by Morrison between 2018 and 2022. He also served as assistant and associate general counsel at the firm and its predecessor, Bats Global Markets, from 2008.
Within the capital markets team, ex-Long Term Stock Exchange CEO Zoran Perkov is taking on the vice president of strategic operations role, and former head of client analytics at Nasdaq Global Indices William Bailey has been named managing director of market intelligence.
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