Financial History 25th Anniversary Special Edition (104, Fall 2012) | Page 21

“Leadership With a Higher Purpose” By Duncan L. Niederauer, Chief Executive Officer, NYSE Euronext The financial industry has been built on trust and innovation. Trust is the bedrock that enables every financial institution to operate. Every investment made, every trade executed on markets like the NYSE is a manifestation of that trust. Innovation has kept our markets and our country at the forefront. American ingenuity and inventiveness have made US capital markets the strongest in the world. We are the lifeblood of the economic system. We efficiently bridge the gap between suppliers of capital and those who can use capital to turn ideas into businesses, hire new people and drive economic growth. A well-run and trusted capital markets infrastructure is a pre-requisite to a thriving economy. Unfortunately, over the past decade we have