02 May 2017
Frankfurt
Reporter: Drew Nicol

Eurex bags news as innovation chief


European derivatives exchange Eurex has brought on Romanos Daniel as chief innovation officer, effective 1 May.

Daniel joins the Deutsche Börse subsidiary from UBS in Hong Kong, where he was global head of legacy credit trading and global co-head of non-core rates trading. He also brings extensive experience in trading and risk management in over the counter and listed derivatives.

In a statement on the appointment, Eurex described 2017 as a “a year of change” for the derivatives industry.

Eurex said: “Starting next year, the second Markets in Financial Instruments Directive will change the regulatory landscape for derivatives trading. In parallel, Europe has to find its way through Brexit, and fintech continues to change the way market infrastructure functions.”

Thomas Book, Eurex CEO and head of derivatives markets trading at Deutsche Börse Group, added: “We are excited to have Romanos Daniel join our leadership team at a time of uncertainty and constant change in our industry. Romanos will add invaluable market expertise in derivatives trading and risk management.”

“This appointment will reinforce the focus on growth and innovation that made Eurex one of the globally leading derivatives exchanges.”

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