After having spent twenty years on the Buying and selling Surveillance Workplace (TSO) of the Frankfurt Inventory Alternate and Eurex Germany, Michael Zollweg might be leaving his place on the finish of this 12 months, at his personal request, Deutsche Börse, introduced this Thursday.
Zollweg is presently the Head of the TSO, having held this place for the entire 20 years since he joined again in January of 2000. In accordance with the assertion printed at the moment, he’s leaving Deutsche Börse “on one of the best of phrases.”
Michael Zollweg, Head of TSO
Zollweg will keep on the corporate’s roster as a guide within the space of buying and selling surveillance till the tip of subsequent 12 months when he’ll then think about new ventures.
As the top of the TSO Zollweg was engaged in each nationwide and worldwide committees and dealing teams
eFXplus B2B Positive aspects Traction Throughout Institutional Desks of FX BrokeragesGo to article >>
Throughout his 20-year stint with the German firm, he was a consultant for the Intermarket Surveillance Group (ISG), an affiliation of round 60 worldwide buying and selling inspectors. Whereas right here, he led working teams which targeted on regulatory points, similar to detecting market abuse in digital buying and selling.
Commenting on Zollweg’s departure, Martin Reck, Board Member of the Frankfurt Inventory Alternate, mentioned: “We wish to thank Michael Zollweg for his a few years of service for Deutsche Börse Group.”
“As Head of the Buying and selling Surveillance Workplace, he was accountable for the continued improvement and growth of digital surveillance of digital buying and selling programs and pioneered the built-in supervising of the money and derivatives market.”
Michael Zollweg’s profession historical past
Throughout his complete profession, which began again in 1990, in response to his LinkedIn profile, Zollweg additionally labored in authorized and compliance at BZW (Barclays de Zoete Wedd). He labored right here for simply over two years and was based mostly in Frankfurt.
One other notable place throughout his profession was Compliance Director at Salomon Brothers, LLC / Citigroup. In accordance with his LinkedIn, Zollweg labored with the corporate for 3 and a half years, commencing in mid-1996.