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People moves news

Changes at the top for Eurex Frankfurt and Eurex Clearing


01 July 2020 Frankfurt
Reporter: Natalie Turner

Generic business image for news article
Image: MariaKray/Shutterstock.com
Eurex Frankfurt and Eurex Clearing are making several changes to their executive boards as a consequence of a reorganisation of responsibilities on the executive board of Deutsche Boerse.

Michael Peters, who has served at Eurex for more than 15 years, will step up to become the new CEO of Eurex as of 1 July, after four years as deputy CEO.

Peters succeeds Thomas Book who has been with Deutsche Boerse since 1995 and was CEO of Eurex Clearing from 2013 until he shifted to become CEO of Eurex Frankfurt in 2016.

Meanwhile, Eurex’s cash market division, which was previously the responsibility of Hauke Stars, will be integrated into the trading and clearing division under Book as of today.

Randolph Roth, who is based in Frankfurt and served as a member of the management board at Eurex for over four years, will become responsible for equity and index derivatives and client services.

As part of the changes, Roth will also be responsible for client service trading and clearing.

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

Ullman has been with Eurex for nearly seven years and was previously head of market functionality from 2016. Prior to that, he was a market supervision specialist in derivatives trading for a couple of years.

Finally, Jens Janka will join the executive board of Eurex Clearing as 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 at Deutsche Boerse.

Janka has served at Eurex Clearing for more than 16 years in a number of roles including head of clearing supervision, delivery and control. Prior to that, he was vice president, head of clearing operations for five years.
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