Difference between revisions of "Andreas Preuss"

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== Background ==
== Background ==
He was previously chief executive officer of [[Eurex]], but stepped down from that role in 2015.<ref>{{cite web|url=http://www.fow.com/3505453/Preuss-to-step-down-as-Eurex-chief-executive.html?ArticleID=3505453|name=Preuss to step down as Eurex chief executive|org=FOW|date=November 12, 2015}}</ref>


During his tenure as Eurex CEO, the exchange acquired U.S. options exchange [[International Securities Exchange]] as a wholly-owned subsidiary.<ref>{{cite web|url=https://www.theocc.com/about/newsroom/releases/2008/03_12.jsp|name=Eurex, ISE, and OCC Announce Transatlantic Options Trading and Clearing Link|org=The OCC|date=August 29,2017}}</ref><ref>{{cite web|url=https://www.cnbc.com/id/18394013|name=Deutsche Boerse Agrees to Acquire ISE Market for $2.8 Billion|org=CNBC|date=August 29, 2017}}</ref><ref>{{cite web|url=http://www.reuters.com/article/us-ise-deutscheboerse-idUSN3038667820070430|name=Deutsche Boerse to buy ISE for $2.8 billion|org=Reuters|date=August 29, 2017}}</ref>
Preuss joined [[Andersen Consulting]] as a senior consultant in the financial services group in 1988, moving on to the then newly-founded [[DTB]] [[DTB|Deutsche Terminbörse]] in 1990, as head of client services. With the [[merger]] of DTB into Deutsche Boerse AG in 1994, he was appointed head of business development. He was a member of the executive board of Eurex AG from 1997, and from 1999-2000 was also a member of the management committee of the [[Chicago Board of Trade]] BOT/Eurex Alliance (later renamed [[A/C/E]]).  


Preuss replaced [[Rudolf Ferscha]] as head of [[Eurex]], returning to the group where he worked in a number of positions from 1990-2000.<ref>{{cite web|url=https://www.finextra.com/news/fullstory.aspx?newsitemid=15124|name=Deutsche Börse appoints Andreas Preuss CEO of Eurex|org=Finextra|date=August 29, 2017}}</ref><ref>{{cite web|url=https://www.fnlondon.com/articles/preuss-lays-out-plans-for-eurex-20060907|name=Preuss lays out plans for Eurex|org=Financial News|date=August 29, 2017}}</ref>
Preuss participated in the building of [[Deutsche Terminborse]] and Eurex. He was instrumental in implementing the "so-called remote membership concept," which allowed Eurex to grow dynamically.<ref>{{cite web|url=http://www.wallstreetandtech.com/careers/a-conversation-with-trading-technologies-andreas-preuss/d/d-id/1254559?|name=A Conversation With Trading Technologies' Andreas Preuss|org=Wall Street Tech|date=August 29, 2017}}</ref>


During a proposed deal for [[Deutsche Boerse]] to merge with [[NYSE Euronext]], it was announced Preuss would assume the role of Deputy CEO and President of the new entity.<ref>{{cite web|url=http://deutsche-boerse.com/INTERNET/MR/mr_presse.nsf/0/db98f2f5ef170d67c12578380050d38a?OpenDocument&lang=en&newstitle=deutscheboerseagandnyseeuronex&location=mda&Click=|name=Deutsche Börse AG And NYSE Euronext Agree To Combine To Create The Premier Global Exchange Group |org=Deutsche Boerse|date=August 29, 2017}}</ref><ref>{{cite web|url=http://www.crainsnewyork.com/article/20110619/FREE/306199975|name=Stock exchanges' $10B merger takes shape|org=Crain's New York Business|date=August 29, 2017}}</ref>
He joined [[Trading Technologies]] as European president and member of the executive board in 2000, and was appointed global president of the firm the following year.<ref>{{cite web|name=Andreas Preuss Bio 2003|url=http://burgenstock.sfoa.org/2003_admin/Preuss.htm |org=SFOA|date=December 31, 2007}}</ref>


He rejoined [[Eurex]] from his role as chief operating officer and a member of the board of [[Mako Group]], a London-based group of companies involved in [[market making]] and [[proprietary trading]] in key [[derivatives]] markets around the world, where he worked from 2002-2006.
He rejoined [[Eurex]] from his role as chief operating officer and a member of the board of [[Mako Group]], a London-based group of companies involved in [[market making]] and [[proprietary trading]] in key [[derivatives]] markets around the world, where he worked from 2002-2006.


Earlier in his career, his professional training brought him to the export business with various international trading firms, as well as a [[commercial banking]] trainee program with [[Dresdner Bank]] AG in Cologne.  
He served as chief executive officer of [[Eurex]] from 2006, but stepped down from that role in 2015.<ref>{{cite web|url=http://www.fow.com/3505453/Preuss-to-step-down-as-Eurex-chief-executive.html?ArticleID=3505453|name=Preuss to step down as Eurex chief executive|org=FOW|date=November 12, 2015}}</ref>
 
Preuss replaced [[Rudolf Ferscha]] as head of [[Eurex]], returning to the group where he worked in a number of positions from 1990-2000.<ref>{{cite web|url=https://www.finextra.com/news/fullstory.aspx?newsitemid=15124|name=Deutsche Börse appoints Andreas Preuss CEO of Eurex|org=Finextra|date=August 29, 2017}}</ref><ref>{{cite web|url=https://www.fnlondon.com/articles/preuss-lays-out-plans-for-eurex-20060907|name=Preuss lays out plans for Eurex|org=Financial News|date=August 29, 2017}}</ref>
 
During his tenure as Eurex CEO, the exchange acquired U.S. options exchange [[International Securities Exchange]] as a wholly-owned subsidiary.<ref>{{cite web|url=https://www.theocc.com/about/newsroom/releases/2008/03_12.jsp|name=Eurex, ISE, and OCC Announce Transatlantic Options Trading and Clearing Link|org=The OCC|date=August 29,2017}}</ref><ref>{{cite web|url=https://www.cnbc.com/id/18394013|name=Deutsche Boerse Agrees to Acquire ISE Market for $2.8 Billion|org=CNBC|date=August 29, 2017}}</ref><ref>{{cite web|url=http://www.reuters.com/article/us-ise-deutscheboerse-idUSN3038667820070430|name=Deutsche Boerse to buy ISE for $2.8 billion|org=Reuters|date=August 29, 2017}}</ref>


Preuss joined [[Andersen Consulting]] as a senior consultant in the financial services group in 1988, moving on to the then newly-founded [[DTB]] [[DTB|Deutsche Terminbörse]] in 1990, as head of client services. With the [[merger]] of DTB into Deutsche Boerse AG in 1994, he was appointed head of business development. He was a member of the executive board of Eurex AG from 1997, and from 1999-2000 was also a member of the management committee of the [[Chicago Board of Trade]] BOT/Eurex Alliance (later renamed [[A/C/E]]).  
During a proposed deal for [[Deutsche Boerse]] to merge with [[NYSE Euronext]], it was announced Preuss would assume the role of Deputy CEO and President of the new entity.<ref>{{cite web|url=http://deutsche-boerse.com/INTERNET/MR/mr_presse.nsf/0/db98f2f5ef170d67c12578380050d38a?OpenDocument&lang=en&newstitle=deutscheboerseagandnyseeuronex&location=mda&Click=|name=Deutsche Börse AG And NYSE Euronext Agree To Combine To Create The Premier Global Exchange Group |org=Deutsche Boerse|date=August 29, 2017}}</ref><ref>{{cite web|url=http://www.crainsnewyork.com/article/20110619/FREE/306199975|name=Stock exchanges' $10B merger takes shape|org=Crain's New York Business|date=August 29, 2017}}</ref>


He joined [[Trading Technologies]] as European president and member of the executive board in 2000, and was appointed global president of the firm the following year.<ref>{{cite web|name=Andreas Preuss Bio 2003|url=http://burgenstock.sfoa.org/2003_admin/Preuss.htm |org=SFOA|date=December 31, 2007}}</ref>
Earlier in his career, his professional training brought him to the export business with various international trading firms, as well as a [[commercial banking]] trainee program with [[Dresdner Bank]] AG in Cologne.  


At its meeting on June 16, 2008, the supervisory board of [[Deutsche Boerse]] AG appointed Preuss deputy CEO of the executive board and also extended his board membership contract by five years starting Apr. 1, 2009.<ref>{{cite web|name=Press Release|url=http://www.pressebox.com/pressemeldungen/gruppe-deutsche-boerse-ag/boxid-183569.html|org=SFOA|date=June 18, 2008}}</ref>
At its meeting on June 16, 2008, the supervisory board of [[Deutsche Boerse]] AG appointed Preuss deputy CEO of the executive board and also extended his board membership contract by five years starting Apr. 1, 2009.<ref>{{cite web|name=Press Release|url=http://www.pressebox.com/pressemeldungen/gruppe-deutsche-boerse-ag/boxid-183569.html|org=SFOA|date=June 18, 2008}}</ref>

Revision as of 13:09, 29 August 2017

Andreas Preuss
Preuss.jpg
Occupation Head of IT & Operations, Data & New Asset Classes
Employer Deutsche Borse
Location Hamburg, Germany
Website www.eurexchange.com

Andreas Preuss is an exchange, technology and proprietary trading executive who serves as deputy chief executive officer, Deutsche Boerse AG and head of the division of IT & Operations, Data & New Asset Classes at Deutsche Boerse.[1][2]

He has been a member of the executive board of Deutsche Boerse since 2006.[3]

He was elected chairman of the World Federation of Exchanges by the WFE's General Assembly in October 2012, at its annual meeting in Taipei, for a two-year term. He had previously served on the WFE's board of directors.[4] [5][6]

Background[edit]

Preuss joined Andersen Consulting as a senior consultant in the financial services group in 1988, moving on to the then newly-founded DTB Deutsche Terminbörse in 1990, as head of client services. With the merger of DTB into Deutsche Boerse AG in 1994, he was appointed head of business development. He was a member of the executive board of Eurex AG from 1997, and from 1999-2000 was also a member of the management committee of the Chicago Board of Trade BOT/Eurex Alliance (later renamed A/C/E).

Preuss participated in the building of Deutsche Terminborse and Eurex. He was instrumental in implementing the "so-called remote membership concept," which allowed Eurex to grow dynamically.[7]

He joined Trading Technologies as European president and member of the executive board in 2000, and was appointed global president of the firm the following year.[8]

He rejoined Eurex from his role as chief operating officer and a member of the board of Mako Group, a London-based group of companies involved in market making and proprietary trading in key derivatives markets around the world, where he worked from 2002-2006.

He served as chief executive officer of Eurex from 2006, but stepped down from that role in 2015.[9]

Preuss replaced Rudolf Ferscha as head of Eurex, returning to the group where he worked in a number of positions from 1990-2000.[10][11]

During his tenure as Eurex CEO, the exchange acquired U.S. options exchange International Securities Exchange as a wholly-owned subsidiary.[12][13][14]

During a proposed deal for Deutsche Boerse to merge with NYSE Euronext, it was announced Preuss would assume the role of Deputy CEO and President of the new entity.[15][16]

Earlier in his career, his professional training brought him to the export business with various international trading firms, as well as a commercial banking trainee program with Dresdner Bank AG in Cologne.

At its meeting on June 16, 2008, the supervisory board of Deutsche Boerse AG appointed Preuss deputy CEO of the executive board and also extended his board membership contract by five years starting Apr. 1, 2009.[17]

Full Biography:

Since October 2007 Member of the Management Board, Eurex Services GmbH
Since June 2007 Chief Executive Officer, Deutsche Boerse Dienstleistungs AG
Since June 2006 Member of the Management Board, Eurex Deutschland
Since April 2006 Member of the Executive Board, Deutsche Boerse AG responsible for Derivatives & Market Data Division; Chief Executive Officer, Eurex Clearing AG; Chief Executive Officer, Eurex Frankfurt AG; Chief Executive Officer, Eurex Zürich AG
2002-2006 Mako Group, London, Chief Operating Officer, Member of the Board and Partner
2000-2001 Trading Technologies International, President
1999-2000 Alliance CBOT/Eurex (a/c/e), Member of the Joint Venture Management Committee
1998-2000 Eurex Frankfurt AG, Eurex Zürich AG, Eurex Clearing AG - Member of the Executive Board, responsible for Business Development, Marketing, Sales and Communication
1994-1998 Deutsche Boerse AG - Head of Distribution and Service, Benchmark Products Division, Head of Business Development, Marketing, Sales and Product Development, Benchmark Products Division, Member of Deutsche Boerse AG Group Management
1990-1994 DTB Deutsche Terminbörse - Member of “New Products” Department

(As of 08/92 Director of Customer Service Department)

1989-1990 Andersen Consulting, Frankfurt - Senior Consultant, 2/89 to 06/90 participation in design and implementation of the electronic exchange DTB Deutsche Terminbörse
1986-1988 Dresdner Bank AG, Cologne - Trainee program in Commercial Banking and subsequently Lending Officer, Institutional Business
1981-1982 Th. Goldschmidt S.A., Martorelles, Barcelona, Spain, Export clerk for synthetic resin films
1977-1978 Coutinho, Caro & Co., Hamburg, Export clerk for machinery after-sales-services for markets Thailand, Pakistan and Bangladesh

Board Memberships[edit]

Education[edit]

  • 1982-1986 - University of Hamburg, Graduate Degree in Economics, specializing in International Management, Banking and Commercial Law
  • 1979-1981 - Undergraduate Degree in Economics
  • 1978-1979 - Universidad Central, Barcelona, Studies of Spanish Language and Literature

References[edit]

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