Bullish names former NYSE president Stacey Cunningham as president

The first woman to lead the New York Stock Exchange joins a crypto exchange run by another former NYSE president Stacey Cunningham, who ran the New York Stock Exchange from May 2018 to January 2022, is joining Bullish as president. If you’re keeping score, that means a regulated digital asset exchange now has two former NYSE presidents in its top ranks. The hire matters because of timing. Bullish is pushing into derivatives and tokenization, two areas where institutional clients care about who is minding the store. Who Stacey Cunningham is, and why her resume stands out Cunningham was the 67th president of the NYSE. She was also the first woman to hold that role in the exchange’s history. Her path to the top was not a parachute drop. She started at the NYSE as an intern in 1994, then worked her way up across equity markets, operations and technology. Two parts of her tenure stand out for an exchange like Bullish. The first is technology. Cunningham was a central figure in rolling out Pillar, the NYSE’s trading platform. The second is crisis management. Cunningham steered the exchange through the COVID-19 pandemic. That period also brought a surge in IPO activity across 2020 and 202...