FOi - Futures and Options Intelligence


Eurex job cuts begin: three may leave London office 12 Mar 2010

Eurex has begun its cull of senior management with offers of redundancy to Christian Baum, John Gammer and Dana Hanby from its London office, FOi has learned.

The offers are believed to have been made last week. A Eurex spokesperson would only say: “We do not comment on individual personnel matters.”

Gammer, a former chair of the Futures and Options Association’s clearing and settlement group, was vice-president and head of clearing sales at Eurex Clearing.

He had been with the bourse since November 2007. He joined...


“Singapore is an energy region. In fact, it’s a global energy hub. It makes perfect sense to set up an energy team here, and for base metals it is the same. China is a big consumer now of base metals. To have an office nearby makes perfect sense.”

Terence Noe, Asia Pacific head of exchange-traded commodity derivatives at UBS in Singapore, comments on why several banks have set up mining and energy-related derivatives teams in Asia