Eurex - the European Derivatives

Event Date: February 1, 2012
Speaker: Dr. Axel Vischer
Speaker Affiliation: Eurex
Sponsor: Communications, Networking, Signal & Image Processing
Time: 2:00 PM
Location: FORNY 1043
Contact Name: Professor Ilya Pollak
Contact Phone: (765) 494-5916
Contact Email: ipollak@purdue.edu
Open To: ACCEPTABLE FOR ECE 694A

In this seminar, Dr. Vischer will introduce the exchange-traded derivatives markets and discuss the role of an international exchange in terms of products and technology.

Dr. Vischer will begin with an overview of Eurex as one of the largest derivatives exchanges in the world.  He will then give a comparison between the U.S. and European market models.  The audience will have the opportunity to:

 

  • Learn the similarities and differences in market models between the U.S.   and European markets.
  • Understand the international nature of the global financial markets.
  • Gain insights into key terms used in the financial press and current issues such as financial reform, high-frequency trading, etc.

 

 

Biography

 

Axel Vischer is Vice President of the Eurex Executive Office and Senior Analyst, Corporate Initiatives at the International Securities Exchange (ISE), a wholly owned Eurex subsidiary.  His hybrid role helps ensure that both companies’ initiatives are aligned from a strategic standpoint.

Previously, Dr. Vischer worked for Eurex in the areas of product design, product strategy and market development both in the U.S. as well as in Europe.  He was involved in key projects like the re-design of the Eurex Market Making Model and the introduction of volatility products at Eurex.

He started his financial career at Salomon Brothers in Frankfurt as a quantitative analyst.  He later joined EFOT, a trading boutique founded by a group of ex-Salomon traders, where he was responsible for the development of derivatives strategies and risk management.

Dr. Vischer holds a Ph.D. in Theoretical Physics from Oregon State University and spent several years in research both at the University of Minnesota and the Niels-Bohr Institute in Copenhagen.  He currently resides in Chicago with his wife and three children.