Europe’s two largest derivatives exchanges this week reported record trading volumes for 2001. Eurex, the Swiss-German exchange, traded a total of 674 million contracts in 2001, a 48% increase on 2000’s 455 million contracts. The London International Financial Futures and Options Exchange (Liffe) turned over 216 million contracts, a 65% increase on 2000’s 131 million contracts.A spokesman for Liffe said that when the group has been formally integrated with Euronext – the combined Paris, Brussels and Amsterdam exchange that bought Liffe in October – he expects turnover figures for derivativescontracts to treble. Liffe chairman Brian Williamson added: “Our first objective in the new year will beto plan the integration of both exchanges’ derivatives business.”
Eurex pointed to success with index products as well as equity options for its strong results. "This year we would like to extend this by enhancing our equity-based segment and by introducing interesting new products,” said a Eurex spokesman.
More on Exchanges
Onshore derivative market is the focus for Osaka Securities Exchange
China exchange developing technique to reduce margin requirements
Significant global players not on list to join Shanghai Clearing House
Taiex futures set to be followed by other products
Sign up for Risk.net email alerts
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.