Deutsche Borse Appoints Rob Jolliffe as Managing Director

German trading venue, Deutsche Borse has appointed investment-banking veteran Rob Jolliffe as its newest Managing Director, according to a Reuters report.

In his new role as the Managing Director and Global Head of Sales at Deutsche Borse, Mr. Jolliffe will be responsible for all of the 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. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv 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. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term operator's sales activities, and global investment channels. Moreover, he will help integrate both Deutsche Borse’s products and services into one cohesive function – Mr. Jolliffe will be reporting to Deutsche Borse’s Chief Executive Carsten Kengeter.

Mr. Jolliffe has had a lengthy background in investment banking, having held senior roles in fixed-income sales, origination, and underwriting roles. Prior stops include JP Morgan, Goldman Sachs, Royal Bank of Scotland (RBS) and UBS.

According to Mr. Kengeter in a recent statement on the appointment, "Rob is joining us at the right time. With his international background and decades of experience on the customer side he is the right person to bring more agility and innovation to our sales efforts.”

Earlier this week, Deutsche Borse made headlines after it reported its order book turnover across all asset classes in the month ending July 2015, which was underpinned by a lower figure of $150.6 billion (€137.3 billion). The most recent figures managed to orchestrate a fall of -17.1% MoM from $181.8 billion in June 2015, as well as a sizable boost of 38.5% YoY from $108.7 billion (€99.1 billion) in June 2014.