Satish Nandapurkar took over as ceo of Eurex US in January. In his first extended interview, he spoke with FO Week at the Eurex US office in Chicago's Sears Tower, which features a southern view overlooking the Chicago Board of Trade building. Interview by Jim Kharouf
You've held a number of senior management
positions with large investment banks and most recently served
as managing director, head of products and services for Chicago
Mercantile Exchange. Why come to Eurex US, an unproven entity
with a tough road ahead of it?
For one it was such an opportunity and such a challenge. One
thing about Eurex US that a lot of people don't realise, is
that it is much more about building a full-service US exchange
and much less about going after the Board of Trade
It was really an opportunity to build something big. Yes, we
are unproven but we get to leverage Eurex's network and brand
name. I think the CME is a wonderful institution and I enjoyed
working there. But I always believed in Eurex's
fully-electronic, low fees for everyone model, so it was an
easy move for me.
And it's a chance to be a ceo, build a company and establish a
culture, which is very important to me. We have a sort of open
trading desk style office. I don't have an office, everyone
sits together, so we can communicate very easily. It's very
open and transparent and it's very important to build a company
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.