Eurex, the world's largest derivatives exchange by trading volumes, named 10 currency pairs that would be traded as foreign exchange futures from September 23. The futures include six US dollar pairs with the Australian dollar, Canadian dollar, euro, sterling, Swiss franc and yen, and four others: euro-yen, sterling-yen, euro-swiss franc and euro-sterling. The contracts will trade on Eurex US, with trading fees waived for the rest of the year.
"FX is one of the fastest growing markets in the world, and it is the only major financial asset class where Eurex has not historically been represented," said Rudolf Ferscha, chief executive of Eurex.
The week on Risk.net, November 25-December 1, 2016Receive this by email