Press Release

New York Portfolio Clearing (NYPC) confirms that Walter Lukken will be leaving the company as Chief Executive Officer in late February to join the Futures Industry Association (FIA) as its new President.  NYPC thanks Walter for his contributions to the success of NYPC and wishes him the best in his new role. 

NYPC is currently in the advanced stages of a CEO search and expects to make an announcement in the near future.  With a world-class leadership team already in place, NYPC will continue to build upon its impressive progress to date and to ensure a seamless transition into the company’s next stage of management and strategic development.

About NYPC
New York Portfolio Clearing, LLC (NYPC) is registered as a U.S. Derivatives Clearing Organization with the Commodity Futures Trading Commission.  NYPC clears interest rate products and supports the cross-margining of fixed income cash products from Depository Trust & Clearing Corporation’s Fixed Income Clearing Corporation with their related, offsetting derivatives trades in a “single pot”.  For more information, please visit: www.nypclear.com. 

About DTCC
DTCC, through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives.  In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks.  DTCC's depository provides custody and asset servicing for more than 3.6 million securities issues from the United States and 121 other countries and territories, valued at US$36.5 trillion.  In 2010, DTCC settled nearly US$1.66 quadrillion in securities transactions. DTCC has operating facilities and data centers in multiple locations in the United States and overseas. For more information, please visit www.dtcc.com. 

About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies.  The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products.  With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group.  NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading.  The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the Fortune 500.  For more information, please visit: http://www.nyx.com.

NYPC Media Contacts:
Doug Donsky (FTI Strategic Communications)
212.850.5740
doug.donsky@fticonsulting.com
Paul Damon (FTI Strategic Communications)
212.850.5692
paul.damon@fticonsulting.com