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|
| Phil Atkinson | Kurt Baumgartner |
| Gregor Bäumerich | Sven Becker |
| Gerd Billen | Pierre Chevalier (deputy chairman) |
| Marc Ehry | Marco Fesseler |
| Dr. Christoph Helle (deputy chairman) | Ralf Henze |
| Peter Heydecker | Wilfried Köplin |
| Dr. Wulf Lammert | Tobias Lausch |
| Peter Lintzel | Vincent van Lith |
| Dr. Thomas Niedrig (deputy chairman) | Prof. Dr. Wolfgang Pfaffenberger |
| Dr. Günther Rabensteiner (chairman) | Edgar Röck |
| Dr. Peter Sentker | Andrea Vittorio Siri |
| Dr. Bernhard Walter |
In addition to the Management Board of the Exchange and the Market Surveillance, the Exchange Council is one of the three executive bodies of the exchange. As such, it is in charge of three fields of tasks: the legislative competence, supervision of the Management Board and the human resources competence.
The legislative competence comprises in particular the right to adopt the Exchange Rules as the articles of association. The right to adopt the articles of association, which may only be exercised with the approval by the Exchange Supervisory Authority, is a sign of the autonomy of exchanges which is laid down in the exchange law and according to which an exchange can regulate the matters concerning the exchange on its own.
The supervisory function regarding the Management Board of the exchange comprises continuous monitoring of the management board of the exchange as well as involvement of the Exchange Council with regard to certain essential measures for the management of business operations. A requirement to obtain an approval for the introduction or change of the trading and settlement systems as well as the right to a prior hearing in the case of merger or co-operation agreements and in case of outsourcing of activities related to the exchange is provided for in the appertaining legislation. In addition to this, there is a requirement to obtain an approval for certain measures by the management board which are of essential importance but which have not been defined in more detail according to art. 5 BörsO [Exchange Rules]. Such can be specified in more detail by the exchange council in the framework of the rules of procedure.
The exchange council exercises the human resources competence together with the Exchange Supervisory Authority which has been granted a right of veto. The human resources competence comprises the appointment, re-appointment and dismissal of the management board of the exchange as well as of the head of the market surveillance. The latter is entitled to the right of nomination to the Management Board of the Exchange.
