The New York Stock Exchange has appointed its first female leader more than two centuries after it was established. Stacey Cunningham will be elevated to the leadership role from her current position of chief operating officer. Her appointment means that both NYSE and the technology-focused Nasdaq exchange will now be run by women. Ms Cunningham replaces Thomas Farley, who had run America’s best-known stock exchange since 2013. She began her career at JJC, later part of Bank of America Securities and held senior positions at Nasdaq before taking up roles at the NYSE. In an interview last year with the Financial Times newspaper Ms Cunningham said she first “fell in love” with the trading floor during a summer internship while studying engineering at university.

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