German association becomes largest in Europe

The Deutsche Derivate Verband (German derivates association) has announced its official incorporation on 14 February 2008, with 18 issuers representing what is now the largest comparable association in Europe. The board of directors comprises Stefan Armbruster (Deutsche Bank), Klaus Oppermann (Commerzbank), Rupertus Rothenhaeuser (BNP Paribas) and Martin Weithofer (HVB). Hartmund Knueppel will serve as executive officer with Lars Brandau his deputy. Knueppel says that the main objectives of the