NYSE Euronext has appointed Philippe Musette-Sykes as head of debt markets for Europe. Reportedly, before joining NYSE Euronext in May 2008 to manage fixed income business development, he had a 20-year career at Calyon CIB (Credit Agricole) where he assumed several fixed income trading and sales responsibilities.
Roland Bellegarde, group executive vice president for European listing businesses and European cash trading, NYSE Euronext, said: “We are convinced that Philippe Musette-Sykes will be instrumental in driving forward our plans to define a new corporate bond market model and providing debt capital markets with an improved service with increased liquidity and transparency.”
Cees Vermaas, executive vice president, head of European cash markets, NYSE Euronext, said: “Currently there are a number of discussions and initiatives being undertaken on Paris marketplace in order to re-energise the corporate bond market, his in-depth knowledge and understanding of market participants’ expectations will prove beneficial in advancing our strategy in this area.”