Ferscha to be new FOA director

The FOA board has co-opted Rudolf Ferscha, chief executive officer, Eurex, Stefan Judisch, managing director, RWE Trading GmbH and Patrick Stephan, general counsel, Euronext as directors.

Appointing senior represent-atives from continental Europe's leading exchanges and a major European oil and energy trading house reflects the FOA's European focus, said chairman Roy Leighton.