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NYSE Euronext's Laura Morrison; Photo: Chris Clinton |
On January 29, 1993, Boston-based State Street Global Advisors launched the first U.S. exchange-traded fund, which debuted on the American Stock Exchange in lower Manhattan. That same year Laura Morrison moved to New York City from South Florida to take a job on the trading floor at CMJ Partners, a New York Stock Exchange designated market maker (now part of Barclays Capital).
Since then the ETF industry has experienced explosive growth, and Morrison, senior vice president of global index and exchange-traded products for NYSE Euronext, has been along for the most exciting part of the ride. She joined the exchange in 1995, initially to help manage relationships with NYSE-listed companies, and has held a variety of roles, including marketing the NYSE to companies potentially looking to transfer listings or make their initial public offerings, and working with members of...