Management Board of the Exchange
The Management Board of the Exchange manages the business operations of the exchange on 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 exceptions, its function corresponds to that of the Management Board as established in German company law.
Timothy Neil Greenwood
Dr.-Ing. Dr. Tobias Paulun
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. 12 BörsG [German Exchange Act].
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 institutions of the exchange, on the basis of their own respective rights.
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