Euronext global FICC head departs

Paul Humphrey has decided to leave Euronext after three years to pursue other opportunities.

The global head of fixed income, currencies and commodities (FICC) at pan-European exchange group Euronext is set to depart the company.

A spokesperson confirmed that Paul Humphrey has decided to leave to pursue other opportunities after almost three years with Euronext. Chris Topple, currently CEO of Euronext London, will lead the FICC business in Humphrey’s absence.

Humphrey joined Euronext as global head of FICC in January 2016, overseeing the development of execution strategy for fixed income, interest rate and foreign exchange markets.

Following the departure of Lee Hodgkinson at the beginning of this year, Humphrey also served as CEO of Euronext London on an interim basis, before Topple was hired from Societe Generale to take on the role.  

Prior to his time at Euronext, Humphrey was a business and strategy consultant advising the Financial & Risk business at Thomson Reuters. He also spent seven years as the CEO of electronic broking and information at interdealer broker Tullett Prebon.  

Topple was appointed CEO of Euronext London in October, after overseeing the prime brokerage and clearing sales teams globally within Societe Generale’s Newedge Group. He also worked at JP Morgan between 1993 and 2005 in various roles, including global head of electronic trading sales for fixed income, head of fixed income prime brokerage sales in Europe and head of European clearing sales.

Euronext is currently in the process of migrating its recently acquired Euronext Dublin business onto its new cash markets trading platform for equities, structured products, exchange-traded funds (ETFs) and fixed income. The exchange was forced to delay the migration earlier this year, with the process expected to be completed on 4 February 2019, rather than 12 November this year as planned.