The appointment of Stacey Cunningham as president of the stock market could mean important changes for the financial institution, such as allowing for greater female inclusion in the commercial entity and the possible incorporation of cryptocurrencies as exchangeable assets in the stock market.
The New York Stock Exchange (NYSE, for its acronym in English) announced that Stacey Cunningham will become the 67th president of the stock market as of this Friday and the first female in its history. Cunningham, who is currently the operations director of the NYSE, started as a plant employee for the exchange in 1996.
The news is presented as relevant to the cryptographic ecosystem due to estimates that the NYSE is close to listing digital currencies among its exchanges, along with traditional currencies and values. According to these speculations, the decision to incorporate cryptocurrencies could occur under the nascent command of Cunningham.
This news comes in a context in which the traditional exchange houses and banking institutions are turning their attention to the cryptographic space. At the beginning of this year, the New York Stock Exchange introduced before the Securities and Exchange Commission of the United States (SEC) the respective permits for the launch of a stock exchange-traded fund (ETF) associated with Bitcoin a week before concluding the year 2017.
Additionally, for the beginning of this month, the Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, reported that it plans to open a bitcoin exchange.