On the money

New stock exchange hires Wall Street executive Sara Furber in prominent role

America’s newest stock exchange has hired Sara Furber, a former managing director at Morgan Stanley, in its bid to become the exchange of choice for the country’s biggest companies.

Business Insider reports that The Investors Exchange, or IEX, hopes to lure companies from the New York Stock Exchange and Nasdaq Inc. It began operating in August, according to The Wall Street Journal, and plans to host corporate listings by 2017. Furber, as IEX’s Head of Listings, will play a crucial role in this expansion.

An investment banker, Furber previously worked as the head of investor relations at Merrill Lynch. She later moved to Morgan Stanley, where she acted as the company’s head of institutional wealth management.

Read the full story at Business Insider.

 

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