Deutsche Börse Sees Plethora of Changes to its Eurex Unit

Eurex is getting an executive overhaul, following a number of key promotions and appointments to its clearing and regional units.

Deutsche Börse has made a series of executive changes to its personnel group, including the installment of a new Chief Executive Officer (CEO) at its Eurex unit, according to a Deutsche Börse statement.

Per the announcement, Thomas Book, Deutsche Börse’s Managing Director, has been elevated to the role of CEO at Eurex Frankfurt AG and Eurex Zürich AG as part of his new role as Head of Derivatives Markets Trading for Deutsche Börse Group. In addition, Michael Peters has also been appointed as the new Deputy CEO of Eurex Frankfurt AG.

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Furthermore, Eurex Clearing is also slated to see a shift in its leadership on July 1, 2016, with Erik Müller, Deutsche Börse’s Managing Director, assuming the position of CEO of Eurex Clearing. Finally, Heike Eckert has also been appointed as the newest Deputy CEO of Eurex Clearing, following a successful tenure as the group’s COO since April 2013.

The moves follow on the heels of a widespread change across Deutsche Borse’s Executive Board back in January, which culminated in the creation of its Clients, Products & Core Markets division, led by Jeffrey Tessler,

As a result of the scaling process, Deutsche Börse aggregated a number of related areas within its existing Executive Board to help consolidate its portfolio management, process flows and client services. The Clients, Products & Core Markets division also combined the group’s derivatives trading businesses, which included the International Securities Exchange (ISE) and Clearstream’s settlement and custody business.

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