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Euronext.liffe Opens New Frankfurt Office

Date 31/01/2007

Euronext.liffe has opened a new Frankfurt office to support the company’s growing German business.

Euronext.liffe’s Chief Executive Hugh Freedberg said: “Our business from Germany has been growing strongly, particularly since we launched a wide range of German equity options on our Bclear wholesale trading service, which now account for over 30% of volume. We want to expand and offer better levels of service to our growing customer base in Germany.

“We are delighted to welcome Gwenael Gautier who with his wide range of international experience and knowledge of the German market will head the Frankfurt office.”

Mr Gautier joins Euronext.liffe from Eurex. After studying in France and the United States he worked as an equity options broker in Paris, ultimately managing JP Morgan’s French equity and index derivatives book from London. After a spell as an independent trader he joined CDC-Ixis in 1998 in Frankfurt working in structured products, before leaving to start a hedge fund. He then joined Eurex in 2004 as Head of Sales for Equity Derivatives.