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).
|| NYSE Euronext's Laura Morrison; Photo: Chris Clinton|
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...