Former DGCX chief Anderson passes away

Former DGCX chief executive and Liffe trader Gary Andersonpassed away yesterday after a short illness.

Anderson, who was a well-known and hugely popular figure in theglobal derivatives markets, stepped down from his role at the Dubai Gold andCommodities Exchange in October due to ill health.

He began his career as a floor trader on the IPE in 1981before moving onto the Liffe floor.

Anderson held positions at Goldman Sachs, Deutsche Bank andthe Tiniti Financial Group and joined DGCX as CEO in April 2012.

He presided over a period of unprecedented growth at theexchange during which it was recognised as Emerging Exchange of the Year by FOWtwo years in a row.

Ian Wright, head of business development at DGCX, said: “Inhis short tenure here he made such a positive difference to the exchange. 

“His experience, knowledge and gentle but strong leadershipstyle made it a true pleasure to work with him.  Our thoughts are with hisfamily at this time.” 

FOW will be collecting and publishing comments from themarket on Gary’s impact and legacy. Please e-mail your reflections and commentsto Will Mitting at wmitting@fow.com.