Management reshuffle at Eurex Frankfurt and Eurex Clearing will see Michael Peters replace Thomas Book as chief executive of Eurex Frankfurt.
Citi acted as the clearing member for the transaction by SMBC Nikko Securities, following recent approval for Eurex to launch clearing services in Japan.
Eurex Exchange continues to support buy-side demand for responsible investing derivatives by further expanding its range of ESG products.
Representatives from LCH and EuroCCP highlight contradicting trends they are seeing in clearing activity throughout Europe following Brexit.
Banks are attempting to find ways to reduce their capital-intensive repo trading activity in order to avoid penalties.
The NSE of India traded 6 billion contracts in 2019, up 58% from the year prior, compared to 4.83 billion contracts traded at CME Group.
Byron Baldwin has been with Eurex in various business development roles since 2005, and will be replaced by Tim Gits.
Eurex has launched ESG futures and options in Europe this year to help market participants manage challenges around sustainable investing.
Eurex has launched EUR fixed income ETF options after launching USD fixed income ETF options in 2017.
Andreas Mitschke replaces Michael Zollweg, who has led the trading surveillance office at Deutsche Börse for 20 years.