SOURCE: ELX Futures, L.P.

ELX Futures, L.P.

January 20, 2012 09:42 ET

Wolkoff Announces Plans to Depart ELX Effective April 30

NEW YORK, NY--(Marketwire - Jan 20, 2012) - Neal L. Wolkoff, Chief Executive Officer of ELX Futures, L.P. (ELX), today notified the ELX board of his resignation, effective April 30.

ELX, a leading electronic futures exchange offering market competition in U.S. Treasury and Eurodollar futures contracts, launched on July 10, 2009 to establish a faster, more efficient competitive alternative for global market participants trading futures.

Wolkoff, who has been CEO of ELX since launch, previously served as chairman and CEO of the American Stock Exchange and was the Chief Operating Officer in a 20-year career at the New York Mercantile Exchange.

Wolkoff said, "ELX presented an exciting opportunity for me to guide strategy, tactics, and operations of a financial institution from before its launch and I am very proud of the inroads we have been able to achieve in providing a competitive market. At this point, I am ready for new challenges and opportunities."

About ELX Futures
ELX Futures, L.P. is a fully electronic alternative exchange founded by leading global financial institutions with the goal of bringing the benefits of enhanced speed, liquidity and cost-efficiency to all market participants. For information and news about ELX, visit www.elxfutures.com or email us at info@elxfutures.com.

Contact Information

  • Media Contact:
    Nachamah Jacobovits
    ELX Futures, L.P.
    (212) 294-7734
    Email Contact