in 2009 dominique cerutti left ibm to join nyse euronext, the global exchange group, as president and deputy ceo. he was also ceo of euronext nv, the european subsidiary of nyse euronext, and chairman and ceo of euronext paris. in 2010, he was appointed as board member of the group. he undertook one of his first notable projects as a member of the board: compliance with the eu’s markets in financial instruments directive. according to him, this directive decreased transparency in financial markets by allowing the creation of alternative exchange platforms at a time when “the need for transparence has never been so acute.”