Eurex Exchange
CME targets credit derivatives market
The Chicago Mercantile Exchange plans to launch credit derivatives products early next year, with a view to capturing a share of a market that has largely been the preserve of over-the-counter dealers.
Man Group snaps up 70% of Eurex US
Hedge fund manager and futures broker Man Group is to buy 70% of US Futures Exchange, formerly Eurex US, at a total cost of $58.2 million.
Deutsche Börse and SWX to launch joint warrants and certificates exchange
Deutsche Börse and the SWX Group are to open a joint warrants and certificates exchange. Although plans are in the initial stages, both parties have signed a letter of intent and the exchange is provisionally planned to begin operations at the beginning…
Eurex extends equity trading hours to appeal to Asia
Eurex is to extend trading of its euro-denominated equity index products by one hour from June 1, as the exchange seeks to draw in more trade from clients in Asia-Pacific time zones. Trading will begin at 8am Central European Time instead of the current…
Eurex appoints new chief
Andreas Preuss was named chief executive of the international derivatives exchange Eurex after a meeting of the supervisory board at Deutsche Börse, which has a 50% stake in the exchange along with SWX Swiss Exchange.
Regulatory changes drive demand for single-stock futures
Trading volumes on Eurex’s single-stock futures contracts have grown by a factor of five every month since their launch last October, according to figures released by the exchange today. Trading volumes rose to around 287,000 contracts in January,…
Crunch time for Eurex US
The board of Eurex agreed on Friday to give its troubled Chicago-based Eurex US operation a month's grace before the boards of the joint venture's owners, Deutsche Borse and the SWX Swiss Exchange, decide on its ultimate fate.
Eurex to launch CDS index product
Eurex has licensed International Index Company's European iTraxx indexes in preparation for the launch of an exchange-traded contract based on the European credit default swap (CDS) index before the end of the year.
TSX and Eurex plan derivatives expansions
The Toronto Stock Exchange (TSX) is keen to enter the derivatives market as soon as it can, chief executive Richard Nesbitt said yesterday. Meanwhile, Eurex confirmed it would list foreign exchange futures from September 23 this year, the only major…
Dow Jones granted temporary restraining order against ISE
The New York-based International Securities Exchange (ISE) has been temporarily barred from listing and trading options on DIAMONDS, a unit investment trust referencing securities from the Dow Jones Industrial Average index.
Eurex US offers three-year Treasury derivatives
Eurex US will list futures and options on futures in the three-year Treasury note market starting on February 1. The electronic derivatives exchange, which is part of the Deutsche Börse Group, already offers these products on two-, five- and 10-year…
Derivatives exchanges look to expand market-making capabilities
Eurex, the electronic derivatives exchange, has widened the scope of its European equity options market-making (MM) programme.
Competition up in US futures, but Eurex to struggle, says report
The entrance of Eurex to the US futures industry has improved the quality of the market, according to research company Celent.
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.
Record half-year for Eurex
Derivatives exchange Eurex turned over a record 553 million contracts in the first half of this year, up from 524 million contracts, around 5%, for the same period of 2003.
OM appoints Asia-Pacific head
OM Technology has appointed Paul Bennett as president for the Asia-Pacific region, reports RiskNews' sister publication, Dealing With Technology .
Clearing Corporation seeks regulatory approval for global clearing
The Clearing Corporation (CC) has requested regulatory approval from the Commodity Futures Trading Commission (CFTC) to implement the first phase of a 'global clearing link' joint project with Eurex Clearing.
Dutch regulator approves trading on Eurex US
The Dutch financial regulator has given approval for Netherlands-based traders to use Eurex US, the new Chicago-based futures and options exchange.
Icap enters electronic futures fray
UK-based interdealer broker Icap will start electronic trading of exchange-listed futures contracts on its BrokerTec platform by the beginning of the fourth quarter, said Icap officials, reports Risknews’ sister publication, Trading Technology Week .
UBS executes Bloomberg futures trades
UBS Investment Bank has become the exclusive executing broker for Bloomberg's Tradebook alternative trading system on the Chicago Board of Trade, Chicago Mercantile Exchange, Eurex and Euronext.liffe futures exchanges, reports Risknews’ sister…
Eurex to enter US equity index options market
Derivatives exchange Eurex has licensed a number of US equity indexes from index company Russell in its latest move into the North American derivatives market.
Eurex US opens to European customers
Eurex US, the new Chicago-based futures exchange opened by Frankfurt-based Eurex on February 8, can now be accessed by European customers, Eurex said in a statement.
ISE appoints vice-presidents
The International Securities Exchange (ISE) has elected Thomas Bendixen as vice-president of corporate initiatives and Robert Cornish as vice-president of automation and development.
Eurex US opens for business
Eurex US, the American arm of the European futures exchange, began trading in Chicago at 7pm CST on Sunday night, having been given clearance to begin operations on February 4.