07 Apr 2006, Gareth Gore, Risk magazine
“Asia is a market of significant importance to Eurex,” said Peter Reitz, member of the executive board of Eurex. “Following the receipt of market operator status by the Monetary Authority of Singapore in late 2005, Eurex is building a telecommunications hub in Singapore and is currently in the process of connecting market participants to the Eurex system.”
Equity derivatives have been steadily growing in most parts of the world, and reached record levels in 2005 as investors sought to lock-in or profit from the recent upward trend in stock prices. Indeed, Eurex reported March was its strongest trading month ever, with 149 million contracts traded – an increase of 27% compared with the previous year.