With effect from 1 December, Daniel Gisler (37) will be leaving the Executive Board of the Eurex Companies and the general management of the exchange Eurex Deutschland, on the best of terms and of his own accord. After eleven years with Eurex and its Swiss parent SWX Group, Gisler is seeking to reposition himself outside of the Group and to tackle new challenges.
Gisler was chosen to head up Eurex’s Clearing division when he was appointed a member of the Executive Board in March 2001. It was under his leadership that Eurex Clearing introduced the central counterparty for equities trading on the Frankfurt Stock Exchange and the Irish Stock Exchange, as well as for fixed income products on Eurex Bonds and Eurex Repo. The Global Clearing Link, the transatlantic clearing solution linking Eurex Clearing to the U.S. clearing house, The Clearing Corporation, was also set up during this period. Daniel Gisler played an instrumental role in shaping the expansion and continued development of the Eurex clearing house, and in further increasing efficiency.
Gisler came to Eurex from SWX Swiss Exchange, one of Eurex’s two parent companies along with Deutsche Börse. In 1997 and 1998, he was the project manager responsible for products and functionality during the merger of DTB Deutsche Terminbörse and SOFFEX. Prior to his move to Eurex, he was responsible for the implementation of SWX’s virt-x project as regards clearing and settlement; before which he was project and product manager for the electronic repo market in Switzerland.
Andreas Preuss, CEO of Eurex and member of the Executive Board of Deutsche Börse, and Jürg Spillmann, deputy CEO of Eurex and Chairman of the SWX Group Executive Committee paid tribute to Gisler: “Daniel Gisler played a significant role in Eurex’s further development and in helping to steer Eurex Clearing in the right direction. We would like to thank him for the extraordinary personal commitment that he has shown to the success of the Group.”
