NYSE Names Doug Yones Head Of Exchange-Traded Products

(RTTNews) - The New York Stock Exchange, part of the Intercontinental Exchange (ICE) global network of exchanges, said it has named Doug Yones Head of Exchange-Traded Products.

Yones will join the NYSE on November 3 from Vanguard where he has worked for 17 years, most recently as head of domestic equity indexing and ETF product management.

Yones' tenure at Vanguard centered on developing and launching new ETFs as well as relationship management across the market-making and exchange community. His work required deep international ties including in Asia, Europe and North America.

NYSE Arca is the premier U.S. exchange for Exchange Traded Products, with listings representing over 93 percent of assets under management, and is by far the industry's largest exchange for ETP trading.

Year to date through October 28, the NYSE has launched over 200 new ETPs, almost eight times its closest competitor.

NYSE also said it is on track for record ETF listings in 2015.