Insights & Analysis

ABN AMRO Clearing hires Euronext market structure head Page

3rd July, 2024 | Luke Jeffs

Derivatives

Page joined the Dutch clearing bank from Euronext where she was the London-based head of market structure for nearly two years, having started at the European exchange group in October 2022

ABN AMRO Clearing Bank has hired Euronext’s head of market structure Samantha Page to work in regulatory change.

Page joined this week ABN AMRO Clearing Bank in London as a regulatory manager focused on policy and regulation.

 A spokesperson for the bank told FOW: “Samatha Page has joined ABN AMRO Clearing London Branch as the regulatory and business change manager reporting to James Egan, managing director. Sam brings a wealth of knowledge and experience with her from previous roles and we are delighted to welcome her to ABN AMRO Clearing Bank.”

Page joined the Dutch clearing bank from Euronext where she was the London-based head of market structure for nearly two years, having started at the European exchange group in October 2022.

Before Euronext, Page worked for seven and-a-half years at the Financial Conduct Authority in the British regulator’s Wholesale Banking Supervision team covering various functions including supervisions and authorisations, conduct and culture, and accountability.

Before her time at the regulator, Page worked for three years as a director of clearing at Bank of America Merrill Lynch, for 18 months as a director of central counterparty clearing at RBS and in strategic sales at CME Group for two years.

ABN AMRO Clearing Bank is currently without a chief executive after Robbert Booij left the Dutch clearing firm in May to become chief executive of Eurex Frankfurt AG, a position he assumed on Monday this week.

Euronext is currently working on a derivatives clearing migration, due for completion before the end of September, that will see the European group take control of the clearing of its own futures and options contracts from LCH, which is owned by LSE Group.

Euronext sees the clearing migration as strategic important to its ambitions to grow its European derivatives trading franchise, with the group’s head of derivatives and post-trade Anthony Attia saying in December the plan is to launch more products after the migration.

Euronext promoted in November its former head of cash and derivatives Simon Gallagher to run the exchange group’s London-based arm and global sales efforts, replacing Chris Topple who left the firm.