Daniel Gisler has been named as head of the clearing division at Eurex, taking over from deputy CEO Otto Nageli, who left the company he helped to found last week.
Gisler comes from SWX, the Swiss Exchange, the parent company of Eurex with Deutsche Borse. He was most recently responsible for implementation of the virt-x project in the clearing and settlement division of SWX. Virt-x is the new European blue chip trading platform being created from the merger of SWX and Tradepoint Financial Networks.
Gisler replaces Otto Nageli, deputy CEO of Eurex since the company was founded in September 1998. Prior to that time, he was the head of Soffex, Swiss Options and Futures Exchange, the Eurex predecessor in addition to DTB Deutsche Terminborse.