The Exchange Council of the Frankfurt Stock Exchange (Frankfurter Wertpapierbrse FWB) was reconstituted on 27 January 2011. The members re-elected Dr. Lutz Raettig (Morgan Stanley) as Chairman. His new Vice Chairman is Dr. Werner Brandt (SAP AG).
Heinz-Jrgen Schfer (DVFA Deutsche Vereinigung fr Finanzanalyse und Asset Management e.V.) and Professor Peter Gomber (Goethe University of Frankfurt/Main) were elected as investor representatives.
The council consists of 17 members elected for a period of three years, the election took place on 25 November 2010. The Exchange Council is the highest controlling and supervisory body of a stock exchange. Primary duties include appointing and monitoring the exchange management as well as issuing the exchange regulations, the fee scale and the terms and conditions for exchange transactions.
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