Xetra head to leave Deutsche Börse

The head of Deutsche Börse's cash equities market is to leave next summer following a reorganisation

The head of Deutsche Börse's cash equities market is to leave the exchange group next summer following a business and management reshuffle.

Rainer Riess, managing director of Xetra and deputy chairman of the management board of the Frankfurt Stock Exchange, will hand over his responsibilities for Xetra - the exchange's cash equities market - at the end of December and will leave Deutsche Börse on June 30 next year, according to a statement from the German group today.

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