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Eurex Exchange

Exchange-traded credit derivatives disappoint

The world’s first exchange-traded credit derivatives, which were listed by Frankfurt-based Eurex on March 27, have posted lacklustre trading volumes, with only one major dealer making markets in them.

ISE announces succession plan

The International Securities Exchange (ISE) has announced its senior management succession plans, following the news that David Krell, president and chief executive, will retire on January 1, 2008.

Eurex to open hub in Dubai

Eurex, the world’s largest derivatives exchange, will open a trading hub in Dubai in April, subject to approval from the Dubai Financial Services Authority.

Algo trading to double, says Eurex

"The rise in activity of algorithmic traders is impressive, and it’s changing the nature of electronic trading,” said Andreas Preuss, chief executive of Eurex, a Frankfurt-based futures and options exchange that is jointly operated by Deutsche Börse and…

CME targets credit derivatives market

The Chicago Mercantile Exchange plans to launch credit derivatives products early next year, with a view to capturing a share of a market that has largely been the preserve of over-the-counter dealers.

Eurex extends equity trading hours to appeal to Asia

Eurex is to extend trading of its euro-denominated equity index products by one hour from June 1, as the exchange seeks to draw in more trade from clients in Asia-Pacific time zones. Trading will begin at 8am Central European Time instead of the current…

Eurex appoints new chief

Andreas Preuss was named chief executive of the international derivatives exchange Eurex after a meeting of the supervisory board at Deutsche Börse, which has a 50% stake in the exchange along with SWX Swiss Exchange.

Regulatory changes drive demand for single-stock futures

Trading volumes on Eurex’s single-stock futures contracts have grown by a factor of five every month since their launch last October, according to figures released by the exchange today. Trading volumes rose to around 287,000 contracts in January,…

Crunch time for Eurex US

The board of Eurex agreed on Friday to give its troubled Chicago-based Eurex US operation a month's grace before the boards of the joint venture's owners, Deutsche Borse and the SWX Swiss Exchange, decide on its ultimate fate.

Eurex to launch CDS index product

Eurex has licensed International Index Company's European iTraxx indexes in preparation for the launch of an exchange-traded contract based on the European credit default swap (CDS) index before the end of the year.

TSX and Eurex plan derivatives expansions

The Toronto Stock Exchange (TSX) is keen to enter the derivatives market as soon as it can, chief executive Richard Nesbitt said yesterday. Meanwhile, Eurex confirmed it would list foreign exchange futures from September 23 this year, the only major…

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