02 May 2017
Frankfurt
Reporter: Drew Nicol

Frankfurt Stock Exchange gains new chair


Michael Rüdiger is set to become the new chair of the Frankfurt Stock Exchange.

Rüdiger is CEO of DekaBank Deutsche Girozentrale, and has been a member of the exchange council as representative of public law credit institutions since the previous election on 1 December 2016.

He replaces Lars Hille, who will leave DZ BANK in October 2017 and therefore will terminate his membership in the exchange council after ten years.

Matthias Zieschang, executive board member at Fraport, remains deputy chair.

Carsten Kengeter, CEO of Deutsche Börse, said: “Lars Hille took over the chairmanship during challenging times but made the most of his brief tenure, taking an active and engaged approach to the role.

“We are delighted that with Michael Rüdiger we once again have an excellent representative of the Frankfurt financial centre heading the Council. We wish Michael Rüdiger every success in the role.”

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Citi and CME Clearing launch collateral DLT platform
18 December 2017 | New York | Reporter: Zsuzsa Szabo
The blockchain software aims to reduce margin cost
South Africa extends code of conduct consultation deadline
18 December 2017 | Pretoria | Reporter: Jenna Lomax
The Registrar of Securities Services has proposed a new code of conduct for a renewed deadline for comment
Dubai Financial Market launches short selling
18 December 2017 | Abu Dhabi | Reporter: Jenna Lomax
Dubai Financial Market has launched a regulated short selling service after gaining approval by the Securities and Commodities Authority
J.P. Morgan and Citi collaborate on truePTS post-trade platform
15 December 2017 | New York | Reporter: Zsuzsa Szabo
The New-York-based startup processes ecosystem for the global $700 trillion derivatives market
SIFMA: US market requires improved CCP access
15 December 2017 | Washington DC | Reporter: Jenna Lomax
The Dodd-Frank Act has increased the need for US firms to have access to non US swaps trading venues and central counterparties, according to paper by FIA and SIFMA
France raises spectre of European financial transactions tax
15 December 2017 | Paris | Reporter: Jenna Lomax
French President Emmanuel Macron and several ministers have dismissed concerns over the negative effect of an EU financial transactions tax on securities lending revenue
Vekaria exits Credit Suisse
14 December 2017 | Dublin | Reporter: Zsuzsa Szabo
Head of Credit Suisse's Dublin branch Manish Vekaria has left the bank