ETP leaders join Texas Stock Exchange to drive expansion into growing market

TXSE continues to build its management team with senior hires

DALLAS, March 13, 2025 /PRNewswire/ -- The Texas Stock Exchange (TXSE) announced today the addition of proven industry veterans to drive its growth into the $11 trillion ETP market, as well as key executives to strengthen strategic operations and market intelligence. TXSE is committed to providing a superior offering that is aligned with issuers' priorities around liquidity, pricing, and visibility.

Robert Marrocco, the former global head of ETP listings at Cboe Global Markets, joins TXSE as global head of exchange traded products and as a member of TXSE's management committee. Under his leadership, Cboe BZX captured nearly 30 percent of all new ETP listings since 2020.

"I'm excited to be part of the Texas Stock Exchange and to further shape the enormous opportunities that TXSE will bring to the capital markets," Marrocco said.

Alison Hennessy, the former head of ETP listings at the Nasdaq Stock Market, has joined the Texas Stock Exchange as managing director of exchange traded products. Additionally, Kyle Murray, former legal head of global listings at Cboe Global Markets, now serves as TXSE's deputy general counsel and legal head of global listings.

TXSE is also announcing Laura Morrison as a strategic advisor. She was previously global head of listings and exchange traded products at Cboe Global Markets, as well as global head of indices and exchange traded products at the New York Stock Exchange.

Together, these leaders managed more than 40 percent of all ETPs in the United States and are poised to establish TXSE as the premier listing venue for ETPs globally. The ETP market is experiencing rapid growth, with up to $8 trillion in new assets projected in the U.S. alone and total global assets estimated to top $25 trillion by 2030. With their extensive experience in capital markets, complex structuring, and operational expertise, this team will guide sponsors through the specialized process of launching and scaling ETP offerings, while leveraging an innovative and strategic co-branding approach to maximize impact.

"I'm proud to welcome these proven ETP leaders to the Texas Stock Exchange," said James H Lee, TXSE chairman and CEO. "The ETP market is growing at an unprecedented pace. The Texas Stock Exchange is committed to delivering the innovation, operational expertise, and alignment that sponsors require to capitalize on this next wave of global expansion."

Industry veterans Zoran Perkov and William Bailey join TXSE to drive strategic operations and market intelligence

TXSE has further bolstered its capital markets expertise with the addition of Zoran Perkov, former chief executive of the Long Term Stock Exchange, as TXSE's vice president of strategic operations. Perkov played a key role in building critical trading platforms at Long Term Stock Exchange, IEX, and Nasdaq, focusing on stability, speed, and fairness in the U.S. equities markets. 

"TXSE is building a next-generation exchange focused on competition, efficiency, and transparency," Zoran said. "I'm excited to help create a platform that meets the evolving needs of the market."

William Bailey has joined TXSE to lead its market intelligence group, which will provide real-time analytics for corporate issuers and sponsors alike. Through these efforts, TXSE aims to offer strategic insights to its listing partners, ensuring that they have access to timely and actionable market intelligence.

"The depth of talent joining TXSE speaks to the scale of our ambition," said Cameron Smith, co-president and global head of trading at the Texas Stock Exchange. "With this team in place, the Texas Stock Exchange is poised to redefine the future of capital markets—and we're just getting started."

For complete bios, please visit www.txse.com/meet-the-team.

For high-resolution headshots, please contact [email protected].

About TXSE Group Inc

TXSE Group Inc is the parent company of the Texas Stock Exchange LLC. Backed by several of the largest financial institutions and liquidity providers in the world, TXSE is focused on enabling U.S. and global companies to access U.S. capital markets and aims to provide a venue to list and trade public companies and the growing universe of exchange traded products. Subject to approval by the U.S. Securities and Exchange Commission, TXSE will be a fully integrated, electronic, national securities exchange headquartered in Dallas, Texas. More information is available at www.txse.com.

SOURCE TXSE Group Inc.