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11/20/2008 21:32 CET
European Energy Exchange AG
Augustusplatz 9
04109 Leipzig
Germany
Tel.: +49/341/21 56-0
Fax: +49/341/21 56-109
eMail: info@eex.com
Internet: www.eex.com

Management Board of the Exchange

dr_hans-bernd_menzel.jpgoliver_maibaum.jpg
Dr. Hans-Bernd Menzel
CEO
Managing Director Exchange                 
Oliver Maibaum
Senior Vice President Customer Relations
Managing Director Exchange

 

The Management Board of the Exchange manages the business operations of the exchange through its own responsibility. The management function is limited on account of the participation requirements on the part of the Exchange Council and the exchange supervisory body. With certain particulars, its function corresponds to that of the Management Board as established in German company law.

For example, the Management Board of the Exchange is in charge of the decisions on which products are to be launched on the exchange, whereas the Exchange Council is responsible for adopting the contract specifications according to art. 21 BörsG [German Exchange Act].

The Management Board of the Exchange is entitled to issue instructions for the trading participants and the Market Surveillance.

In art. 2 paragraph 2 of the Exchanges Rules both the Exchange Council and the Management Board of the Exchange have each been granted the right to request the human, material and financial resources required for the operation of EEX from the supporting institution of the exchange, on the basis of their own respective rights.
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