Eurex has promoted Matthias Graulich for the second time in four months as the German exchange’s new head of products and markets has been appointed to the executive board of Europe’s largest derivatives market.
Frankfurt-based Eurex said Graulich joined the executive board of Eurex Frankfurt AG on Tuesday, a post he holds in addition to his membership of the Executive Board of Eurex Clearing AG where he has served since 2014.
The Deutsche Boerse-owned venue also said on Tuesday Graulich has been appointed to the management board of Eurex Deutschland.
Robbert Booij, CEO of Eurex, said: “I am excited that Matthias takes on an expanded role in our new structure. His holistic responsibility covering trading and clearing across asset classes will enable us to serve our clients even better and support future growth opportunities.”
As part of the management changes, Graulich has stepped down from the management board of Eurex Repo GmbH, a position he had held since 2019, and as managing director of Eurex Repo GmbH.
Frank Odendall, formerly Eurex’s head of Securities Financing Product & Business Development, has been promoted to MD of the Eurex Repo arm, working alongside Frank Gast, who is already an MD in that business.
Booij added: “Frank Odendall is a funding and financing expert with a long-standing track record. I am sure he will, alongside Frank Gast, drive forward our repo business. I wish everyone continued success.”
At the same time, Graulich became lead of the global products and markets team, consolidating all product and market development activities across trading and clearing.