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 US contract market" four days earlier.The exchange was originally intended to go live on February 1.
Eurex said the technical and operational preparations for the launch had been completed as planned, and the production software was rolled out to customers this week.
“We have finalised preparations and the market is ready to start,” said Rudolf Ferscha, Eurex’s chief executive. Ferscha added he was confident the CFTC would return a positive vote on February 4.
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