Satish Nandapurkar

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Satish Nandapurkar
Image:Satish_pic_NEW.jpg
Occupation President
Employer Chicago Climate Exchange
Location Chicago, IL USA
Web site www.chicagoclimateexchange.com

Satish Nandapurkar is the president of the Chicago Climate Exchange.[1][2] He was named to the position on September 8, 2008. Formerly, he was the CEO of the US Futures Exchange[3][4] and board member of the company, formerly known as Eurex US before its acquisition by Man Group in October 2006. In January 2008, he stepped down from the position.

Background

Nandapurkar joined Eurex US as CEO in February 2004 from Chicago Mercantile Exchange, where he was a managing director and head of products and services.[5] He was recruited to the CME as managing director e-Business in March 2000 by its then-CEO, James McNulty,[6] a former colleague at O’Connor & Associates, the Chicago-based options trading firm.

Prior to joining the CME, he was head of strategic solutions for OptiMark Technologies (1999-2000); managing director and global head of foreign exchange options at Bank of America (1997-1999);[7] managing director and head of structured equity products trading at Deutsche Bank Morgan Grenfell (1996-1997); and managing director and global head of exotic options at Swiss Bank Corporation (1994-1996).

In 2008, ELX considered Nandapurkar for CEO of their planned exchange, however he removed himself from consideration.[8]

Nandapurkar started his financial services career as a floor trader for O'Connor & Associates in 1988, after serving four years in the U.S. Air Force.

Education

He holds a master's degree in economics and finance from Boston University, and a bachelor's degree in computer science and engineering from the Massachusetts Institute of Technology.

References

  1. Chicago Climate Exchange name Satish Nandapurkar president. Chicago Tribune. Retrieved on September 8, 2008.
  2. CCX Appoints Satish Nandapurkar as President. Chicago Climate Exchange. Retrieved on September 9, 2008.
  3. Eurex’s big US gamble. Risk Magazine. Retrieved on September 9, 2008.
  4. Nandapurkar defects to Eurex US from CME. Risk News. Retrieved on September 9, 2008.
  5. Satish Nandapurkar. Swiss Futures & Options Association. Retrieved on September 9, 2008.
  6. People to watch in 2005: Names to hit the headlines. Hermitage Fund. Retrieved on September 6, 2008.
  7. HUMAN FACTORS. Dealing With Technology. Retrieved on September 9, 2008.
  8. CME rival eyes Archipelago founder as chief. TMCNet.com. Retrieved on September 9, 2008.


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