Eurex’s Executive Director, Marcus Zickwolff, Parts Ways with Group
- Mr. Zickwolff has served as a senior advisor and executive director at Eurex Clearing AG for over eight years.
Marcus Zickwolff, Eurex Group’s Executive Director of Trading and 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 System Designs, has parted ways with the group, according to a Deutsche Borse statement.
Mr. Zickwolff has served as a senior advisor and executive director at Eurex Clearing AG, abruptly deciding to leave the group at the end of last month to pursue new opportunities. In addition to relinquishing his executive position, Mr. Zickwolff has also stepped down from his myriad chairmanships, which include roles at EACH, the European Association of CCP Clearing Houses, CCP12, and the Global Association of Central Counterparties.
Mr. Zickwolff joined Eurex Clearing back in 2007, having worked at the group for over the past eight years. Prior to this position, he held a number of senior level roles at Deutsche Borse, including its Director of Clearing, CSD, and Securities Financing, as well as Director of Trading and Clearing Design, dating back to 2003.
According to Thomas Book, Chief Executive Officer (CEO) of Eurex Clearing AG, in a recent statement on the departure, “I would like to thank Marcus Zickwolff for his long-lasting commitment to Eurex Clearing. He made a decisive contribution to the positive development and success of our business. Eurex Clearing will continue to benefit from his efforts on behalf of the firm. I very much regret his decision to leave.”
Late last month, Deutsche Börse Group reported its figures for Q3 2015, which underscored a strong performance across a number of key metrics. In particular, the group’s revenue notched an increase of 20% YoY to €594.4 million, which was fueled in large part by equity market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term, the positive development in custody and administration of securities, and its market data business.
Marcus Zickwolff, Eurex Group’s Executive Director of Trading and 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 System Designs, has parted ways with the group, according to a Deutsche Borse statement.
Mr. Zickwolff has served as a senior advisor and executive director at Eurex Clearing AG, abruptly deciding to leave the group at the end of last month to pursue new opportunities. In addition to relinquishing his executive position, Mr. Zickwolff has also stepped down from his myriad chairmanships, which include roles at EACH, the European Association of CCP Clearing Houses, CCP12, and the Global Association of Central Counterparties.
Mr. Zickwolff joined Eurex Clearing back in 2007, having worked at the group for over the past eight years. Prior to this position, he held a number of senior level roles at Deutsche Borse, including its Director of Clearing, CSD, and Securities Financing, as well as Director of Trading and Clearing Design, dating back to 2003.
According to Thomas Book, Chief Executive Officer (CEO) of Eurex Clearing AG, in a recent statement on the departure, “I would like to thank Marcus Zickwolff for his long-lasting commitment to Eurex Clearing. He made a decisive contribution to the positive development and success of our business. Eurex Clearing will continue to benefit from his efforts on behalf of the firm. I very much regret his decision to leave.”
Late last month, Deutsche Börse Group reported its figures for Q3 2015, which underscored a strong performance across a number of key metrics. In particular, the group’s revenue notched an increase of 20% YoY to €594.4 million, which was fueled in large part by equity market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term, the positive development in custody and administration of securities, and its market data business.