In his new role, Husted is responsible for working closely with Eurex Clearing’s partner banks to develop liquidity and client services in the exchange’s over-the-counter interest rate swaps products.
Eurex Clearing developed a partnership programme designed to accelerate the development of a liquid, EU based alternative for the clearing of interest rate swaps. The program has been launched in October 2017.
Based in London, Husted reports to Philip Simons, global head of fixed income derivatives sales and business development at Deutsche Boerse.
Prior to Eurex, Husted worked at CloudMargin as head of sales for the Europe, the Middle East and Africa from October 2016.
Before CloudMargin, Husted briefly oversaw new business development at Lombard Risk.
Simons said: “We are glad to have Adam Husted on board for our partnership programme. Since its launch in October last year, the programme has already gained broad market support: more than 25 market participants from the US, the UK and Continental Europe are taking part so far.”
“With Adam joining our team, we expect to further grow our products, services and market share in OTC IRS.”