Changes to Executive Boards of Eurex and Eurex Clearing

Eurex and Eurex Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term today announced changes to their executive boards, Finance Magnates has learned.

Michael Peters has been appointed as the new chief executive officer at Eurex. He will succeed Thomas Book, current chief executive officer at Eurex Frankfurt AG as of 1 July 2020.

Peters has been a chief executive officer at the company since February 2016.

Randolf Roth will take over responsibility for equity and index derivatives. As part of the changes, Roth will also be responsible for client service trading and clearing, according to the announcement.

Jonas Ullmann will join the executive board as the chief operating officer, taking over trading design and delivery. His responsibilities will include the further development of trading functionalities and ongoing trading operations.

Reorganized responsibilities

These personnel changes are a consequence of reorganized responsibilities on the executive board of Deutsche Börse, Eurex’s parent company, the statement said.

The cash market division, which was previously the responsibility of Hauke Stars, will be integrated into the trading and clearing division under Book as of 1 July 2020.

Jens Janka will join the executive board at Eurex Clearing as the chief operating officer with responsibility for clearing design and delivery. He succeeds Heike Eckert, who will take over the newly created executive board division human resources and Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term at Deutsche Börse as of 1 July.