News Center
Dec 22, 2016

Eurex

Deutsche Börse announces key appointments to Eurex Product Development

Deutsche Börse’s award-winning Eurex derivatives business has announced the appointment of Lee Bartholomew and Zubin Ramdarshan to key product development roles. Both join the company in the middle of an industry transformation that challenges market infrastructure providers to constantly drive innovation and foster technical excellence in order to best serve the market’s needs.

Zubin Ramdarshan has been appointed new Head of Derivatives Product R&D Equity and Index. He joins from financial services firm Cantor Fitzgerald where he was a managing director for the European ETF business. He has previously held senior-level roles at Jefferies, Macquarie Bank and Bear Stearns.

Lee Bartholomew is Eurex’ new Head of Derivatives Product R&D Fixed Income. He comes to Deutsche Börse from Royal Bank of Canada, where he was responsible for developing the bank’s flow structured rates business. Before, he held senior trading positions in structured rates at Lloyds Banking Group.

Thomas Book, Eurex CEO and Head of Derivatives Markets Trading for Deutsche Börse Group, welcomed the new appointments: ”Lee and Zubin bring a wealth of expertise, experience and market knowledge to accelerate our development of new derivatives products at a particularly exciting time for the growth of this segment of the Deutsche Börse business.”

“These appointments underline Deutsche Börse’s strong commitment to high-quality product engineering and reinforce our capacity to meet customers’ evolving requirements in a challenging and fast-evolving regulatory and trading environment”, said Mehtap Dinc, member of the Eurex Executive Board, responsible for Global Derivatives Product Development at Deutsche Börse.

Eurex’ track record on innovative products and market design has convinced the financial industry: over the past weeks, the exchange has won several awards, among them FOW’s “Global Exchange of the Year” and “European Exchange of the Year” as well as Financial News’ “Best Derivatives Trading Platform”. Despite the continued historic lows in European interest rates, Eurex’ index products have experienced strong growth across its MSCI and STOXX portfolios. In addition, the exchange offers the widest breadth of MSCI products, futures and options volume in these contracts grew considerably.

Media contacts:

Irmgard Thiessen
Spokesperson for Eurex, Eurex Clearing and Eurex Repo

Mergenthalerallee 61
65760 Eschborn

T +49-(0) 69-2 11-1 59-11

irmgard.thiessen@​deutsche-​boerse.com

Christina Hudelmayer
Spokesperson for Clients, Products & Core Markets division

Mergenthalerallee 61
65760 Eschborn

T +49-(0) 69- 2 11-1 78 54

christina.hudelmayer@deutsche-boerse.com

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.