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Industry news

Eurex appoints Husted for relationship management


10 January 2018 London
Reporter: Zsuzsa Szabo

Generic business image for news article
Image: Shutterstock
Eurex Clearing has hired Adam Husted as co-head of global partner banks relationship management.

In his new role, Husted is responsible for working closely with Eurex Clearing鈥檚 partner banks to develop liquidity and client services in the exchange鈥檚 over-the-counter interest rate swaps products.

Eurex Clearing developed a partnership programme designed to accelerate the development of a liquid, EU based alternative for the clearing of interest rate swaps. The program has been launched in October 2017.

Based in London, Husted reports to Philip Simons, global head of fixed income derivatives sales and business development at Deutsche Boerse.

Prior to Eurex, Husted worked at CloudMargin as head of sales for the Europe, the Middle East and Africa from October 2016.

Before CloudMargin, Husted briefly oversaw new business development at Lombard Risk.

Simons said: 鈥淲e are glad to have Adam Husted on board for our partnership programme. Since its launch in October last year, the programme has already gained broad market support: more than 25 market participants from the US, the UK and Continental Europe are taking part so far.鈥

鈥淲ith Adam joining our team, we expect to further grow our products, services and market share in OTC IRS.鈥
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