Intercontinental Exchange’s Board elects Caroline Silver as new Director

Maria Nikolova

Ms Silver has also been appointed to serve on the board of directors of ICE Clear Europe.

Operator of global exchanges and clearing houses and provider of data and listings services Intercontinental Exchange Inc (NYSE:ICE) has announced that its Board of Directors has elected Caroline Silver as a new Director. Her appointment is effective August 13, 2020.

Ms Silver fills a newly created seat on the Board.

Ms Silver served as Managing Director and Partner of Moelis & Company, an independent advisory firm, from 2009 until January 2020. She currently serves as an advisory partner at Moelis. Prior to joining Moelis, Ms Silver held investment banking roles at global institutions such as Merrill Lynch (now Bank of America Merrill Lynch) and Morgan Stanley.

She has also been appointed to serve on the board of directors of ICE Clear Europe, one of ICE’s subsidiaries. Ms Silver currently serves as Chair of the Board of Directors of PZ Cussons PLC and serves on the Board of Directors of BUPA and Meggitt PLC.

Ms Silver earned a Bachelor of Arts degree from Durham University, England and is a qualified Chartered Accountant.

“On behalf of the Board, I am pleased to welcome Caroline to ICE, and I am confident that the depth and breadth of her leadership and financial industry experience will benefit our company in many ways,” said Jeffrey C. Sprecher, ICE’s Chairman and Chief Executive Officer. “With over 30 years of expertise in many of the areas in which we are engaged, Caroline will provide unique knowledge and counsel to our company in the months and years ahead.”

“I look forward to working with Jeff, the ICE management team and my colleagues on the Board of Directors as the company begins its third decade,” Ms. Silver said. “As innovation and technology continue to transform the financial services industry, with an array of broad and diverse opportunities ahead, this is an extraordinary time to join this extraordinary company.”

Read this next

Metaverse Gaming NFT

Despite crypto winter, Fastex grabs $23.2 million in Fasttoken token sale

Fasttoken, part of the Fastex web3 ecosystem, has secured $23.2 million in financing through the private and public token sales of its native cryptocurrency Fasttoken (FTN).

Digital Assets

Iran to repay Russian debts in gold-backed stablecoins

A high-ranking member of the Russian parliament confirmed reports that his country was in talks with Iran to create a stablecoin for foreign trade settlements, to replace the dollar, ruble and Iranian rial.

Digital Assets

SEC denies Cathie Wood’s bitcoin ETF for second time

The approval of a regulated crypto derivative is still looking far less likely, as the US regulators have once again denied Cathie Wood’s application for a long-awaited spot bitcoin exchange-traded fund (ETF).

Executive Moves

Pavel Spirin promoted to Scope Markets CEO following Rostro acquisition

Belize-based FX and CFDs brokerage Scope Markets has promoted Pavel Spirin to take on an expanded role as the company’s chief executive officer. He replaces the outgoing CEO Jacob Plattner, who has also been a major shareholder since he resigned his position as managing director at GKFX.

Retail FX goes all-in on alternative investing, launches Rare Sneaker Portfolio

“The concept of curated Portfolios means that our members will be able to invest in categories like art, trading cards, royalties, and real estate without needing to become subject matter experts on individual assets.”

Industry News

State Street taps AWS and Microsoft for cloud and infrastructure solutions

“By standardizing and simplifying our technology operating model, we will be able to more quickly deploy client environments and launch new products and services, while continuing to enhance the resiliency of our technology environment and our business operations.”

Institutional FX

Bitpanda launches Investment-as-a-Service business for banks, fintechs, online platforms

“Financial institutions today have to ask themselves how they aim to cater the increasing demand for modern investing solutions. Building these Individually, means a high startup cost, and products that are often outdated before they are even launched.”

Institutional FX

Options expands market data feeds after partnership with Tools for Brokers

“Our integration with ACTIV Financial marked the beginning of a new era in market data availability and infrastructure. Our teams have come together to provide unparalleled, fully managed market data services alongside Options’ global connectivity and infrastructure.”

Industry News

Recruitment in financial services sector buoyant despite planned mass layoffs

“It remains to be seen what impact this will have on hiring levels within the financial services arena this quarter”, said APSCo, regarding the expected mass layoffs within the financial services sector in England & Wales.