NEW YORK – MARCH 17: Traders work the floor of the New York Stock Exchange on March 17, 2008 in New York City. Stocks have been volatile on Wall Street following news of JP Morgan Chase acquisition of Bear, Stearns & Co, for $2 a share, with help of $30 billion in financing of Bear, Stearns assets from the U.S. Federal Reserve. (Photo by Michael Nagle/Getty Images) Michael Nagle/Getty Images
The parent company of the New York Stock Exchange has named a new president to lead the iconic Wall Street institution, a spokeswoman confirmed to Business Insider.
Stacey Cunningham, the chief operating officer of the NYSE, is set to become the president of the exchange venue, which is owned by Atlanta-based Intercontinental Exchange.
