Eurex US gets regulatory approval from Spain and Italy

Regulators have cleared the way for Spanish and Italian traders to directly access derivatives exchange Eurex US, which was launched in February.

Spain’s Comisión Nacional del Maercado de Valores (CNMV) and Italy’s Consob confirmed that market participants can trade on the exchange, although those wishing to trade from Spain must apply for authorisation from CNMV first.

Eurex US said 33 European member firms are now connected to the exchange, which lists futures on two-, five- and 10-year Treasury notes, and on 30-year Treasury bonds. The exchange said it plans to expand its market to include futures and options on euro-denominated interest rates and indexes as well as US indexes, pending regulatory approval.