Eurex Exchange

CBOT steps up war with Eurex

The Chicago Board of Trade (CBOT) will launch three electronically traded German debt futures contracts in what appears an escalation in the exchange’s war with European rival Eurex. It has also reduced transaction fees for its customers that…

Eurex US delays launch date

Eurex has delayed the intended launch of its Chicago-based futures exchange, Eurex US, to February 8. The launch is dependent on approval from the Commodity Futures Trading Commission (CFTC), scheduled to vote on Eurex’s application for "designation as a…

CBOT lowers fees for European traders

The Chicago Board of Trade (CBOT), in an early effort to head off competition from Eurex, is to offer cheaper electronic access for European traders, the exchange announced.

LCH wins LSE clearing contract

The London Stock Exchange (LSE) has signed a new clearing services agreement with the London Clearing House (LCH), bringing to an end a period of intense competition with Eurex for the contract.

CME cuts European fees

The Chicago Mercantile Exchange (CME) has slashed transaction fees for all products traded electronically on Globex in Europe, bringing its costs in line with rivals the Chicago Board of Trade (CBOT) and Eurex. However, the cut of 73% to 44 cents, from…

ISE adds Morgan Stanley executive to board

The International Securities Exchange (ISE) has appointed Thomas Cardello, managing director responsible for global electronic derivatives marketing within the institutional equity division at Morgan Stanley, to its board.

CBOT chief again hits out at Eurex US

Chicago Board of Trade (CBOT) chairman Charles Carey urged the Commodity Futures Trading Commission to conduct a full and careful review of the application by Eurex to establish a US subsidiary yesterday. Carey’s comments are the latest in an ongoing…

CBOT moves to dismiss Eurex lawsuit

The Chicago Board of Trade (CBOT) has filed a motion to dismiss a Eurex lawsuit, which alleged the CBOT and the Chicago Mercantile Exchange had violated the US Sherman Antitrust Act.

Eurex’s US-based arm sues CME and CBOT

Chicago-based Eurex US has filed an antitrust action in the federal court against the Chicago Board of Trade (CBOT) and Chicago Mercantile Exchange (CME). The CME has slammed the suit as being “without factual or legal foundation”, while the CBOT said it…

ISE moves closer to equity index options trading

New York-based electronic equity options market, the International Securities Exchange (ISE), has stepped up its attempts to go head-to-head with the Chicago Board Options Exchange (CBOE) in trading equity index options by unveiling its first product,…

Eurex and BOTCC in global clearing accord

Eurex, the Swiss-German derivatives exchange, has signed up the US Board of Trade Clearing Corporation (BOTCC) to clear the contracts that will be traded on the futures exchange that Eurex plans to launch early next year. BOTCC customers will have direct…

Eurex achieves another record-breaking month

Eurex, the international derivatives exchange, has reported record-breaking volumes for March 2003. More than 106 million contracts were traded last month, an increase of almost 20 million over the previous monthly high, set in October 2002. Year-on-year…

Eurex expands basis trading facility

Eurex will expand its over-the-counter basis trading facility to include selected euro bonds issued by member states of the European Monetary Union on Monday, said the derivatives exchange in a statement. The new facility is designed to complement…

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