Euronext's executive board will rely on the Governance and Nomination Committee to seek out a succession candidate to Mr. Cerutti, allowing for the passage of a smooth transition ahead of the July 15 date of his departure. According to Rijnhard Van Tets, Chairman of the Supervisory Board of Euronext N.V. in a recent statement on the departure, "Dominique Cerutti successfully navigated the company through its complex separation from Intercontinental Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices.