EDX seeks boss as Bailey exists

London Stock Exchange (LSE) last week remained tight-lipped over the reason for the sudden departure of Marc Bailey from the helm of its nascent derivatives venture, EDX.

The only answer given has been that his exit on 11 July, was by "mutual agreement" to pursue other interests. LSE added that Bailey did what he had set out to do, to establish EDX as a new derivatives exchange.

He joined LSE...