In an update to its organisational set-up, Eurex, derivatives market and part of Deutsche Börse Group, has announced that it enhances its asset class focus by combining the sales and product design functions for equity index and for fixed income derivatives, respectively.
The new organisational set-up supports the implementation of Deutsche Börse’s growth agenda “Roadmap 2020”. The new structure builds on Eurex’ integrated value proposition and links into the set-up of many clients’ trading operations. Bundling exchange-traded and OTC products under individual asset class leadership enables Eurex to further strengthen its holistic product and service offering, especially as the regulatory agenda seeks to shift standardised OTC business on exchange and to clearing.
Michael Peters, deputy CEO of Eurex Exchange, will lead the Equity & Index Derivatives business. In his role as CEO of Eurex Clearing, Erik Müller will head the Fixed Income, Funding & Financing activities.
With the new set-up, we foster client orientation and expertise in our market-facing functions,” says Thomas Book, Member of the Executive Board of Deutsche Börse and responsible for Trading & Clearing. “I look forward to continuing to work with my strong team to meet our clients’ needs by delivering superior solutions and innovation. As always, this will be done in close partnership with our clients and regulators to bring the finance industry forward.