The Depository Trust & Clearing Corporation has appointed a securities industry veteran as chief executive of its European derivatives trade repository, as EU regulators consult on the impact of the region’s post-crisis derivatives reforms.

Andrew Douglas, DTCC's head of government relations in Europe, Middle East, Africa, and Asia, has assumed the additional role of chief executive of DTCC Derivatives Repository Ltd, or DDRL, the European arm of DTCC's global trade repository which provides post-trade and reporting services for both over-the-counter and exchange-traded equity and credit derivatives.