Jörg Franke
From MarketsWiki
| Jörg Franke | |
| |
| Occupation | supervisory board |
|---|---|
| Employer | RTS Realtime Systems |
| Web site | www.rtsgroup.net |
Currently chairman of the supervisory board or RTS Realtime Systems Group, Franke is best known as the founder and former CEO of Eurex. In 2007, he was inducted into the Futures Hall of Fame.
Background
| This page is sponsored by... |
 |
A lawyer by training, Franke spent 14 years in the legal department of West Deutsche Landesbank (today West LB) before joining the Düsseldorf Stock Exchange as assistant to the Chairman in the early 1980s. In 1988, he became CEO of the Berlin Stock Exchange (BSX), where he is credited with expanding the number of new listings considerably.
He was in the process of building an options platform when Ralf Breuer recruited him to launch the Deutsche Terminbörse (DTB), an early screen-based futures exchange.
Within two years of its launch in 1990, DTB became the third-largest derivatives exchange in Europe. By 1995 it had overtaken the French financial futures exchange Matif, and by the end of 1997 it had captured more than 50% of the market in the bund futures traded on Liffe.
Franke was also the driving force behind the merger of the Swiss and German futures exchanges in 1998 into a new organization called Eurex, which today ranks as the largest futures exchange in Europe and the second largest in the world. Franke left Eurex in 2000.
Today, he is an honorary professor of the University of Karlsruhe, one of three universities elected by German Research and Education Minister Annette Schavan to be Germany's first "elite universities."
