The head of compliance at interest rate futures market Nasdaq NLX has switched to another role for its US parent group, while a senior Nomura banker has stepped down as a board member at the venue, amid a period of re-organisation at the futures exchange.

Blake Stephenson, who had been NLX's director of compliance since joining in early 2013 and was named among Financial News's Rising Stars of Trading & Technology in September that year, this month switched to become head of business development for governance at Nasdaq's global corporate solutions arm, according to his LinkedIn profile.