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Market briefing
Equities rallied broadly in November under subdued realized volatility. The U.K. heads into a highly unpredictable general election while a possible U.S./China trade agreement creates some positive sentiment. The relatively benign market conditions meant some products saw diminished trading opportunities. This was, however, balanced by activity across other Eurex segments. [...]
Facts & figures
News
Eurex takes its ESG derivatives offering to a global level
With the introduction of five futures on key global, regional and local MSCI Indices, Eurex further extends its ESG derivatives suite and is now the first exchange to offer sustainable futures and options on leading benchmarks. The launch of STOXX® USA ESG-X index futures further completes the successful STOXX® product suite. The extended offer will be available for the March roll 2020.
Liquidity in ESG derivatives: Q&A with Susquehanna
With the introduction of the STOXX® Europe 600 ESG-X options, Eurex further extended its ESG derivatives suite and is the first exchange to offer sustainable futures as well as options on leading European benchmarks. Susquehanna, a global quantitative trading firm, has been providing liquidity since the launch of the ESG futures and will now offer liquidity in the STOXX® Europe 600 ESG-X Index Options (OSEG) as well. Eurex spoke with Daniel Mannion, Derivatives Sales Trader at Susquehanna International Group, on the role of providing liquidity in the ESG futures & options market.
Joseph Nehorai, Goldman Sachs: Accessing dividends in new markets
Eurex has launched MSCI Dividend Futures that enable market participants to hedge their dividend exposure around the globe. Joseph Nehorai, Managing Director and Global Head of Futures Execution at Goldman Sachs, gave us his points of view on the new products.
Total Return Futures: practicalities of using this instrument to manage repo risks
Total Return Futures (TRF) contracts were introduced by Eurex in December 2016, providing investors a new tool to manage repo risks on equity markets. TRFs have gained significant traction, edging out the flow that used to go to Total Return Swaps (TRS). In a recent DerivSource webinar, market participants and experts from Eurex, Citi, BFAM Partners Limited and the University of Kent discussed the rapid rise of TRFs, trading strategies and the various practicalities surrounding its use.
Eurex ETF Options: never run out of options at Eurex
Eurex has launched two more fixed Income ETF options on 9 December. Watch our latest video on the ever-expanding universe of ETF derivatives and its usage.
Eurex celebrates a successful first anniversary of the Eurex Extended Trading Hours into the Asian time zones.
10 December 2019 marks the first anniversary of the Eurex Extended Trading Hours initiative. In the past year, we've seen an average quarterly growth of 15 percent in traded volumes during the Asian hours.
Eurex EnLight Straight-Through-Processing: more operational efficiency, safe execution
Eurex has taken the next step in optimizing the off-book negotiation and execution workflow by implementing Straight-Through-Processing (STP) on Eurex EnLight. Watch this video.
Launch of Eurex Improve
Eurex Improve provides our Trading Participants with a tool suitable to guarantee their customers full execution of their orders below minimum block trade sizes at the best price available at Eurex. Eurex Improve will be launched for all equity options and all equity index options on 3 February 2020.
How Eurex Is Unlocking Liquidity
Watch this TABB TV video with Megan Morgan, global head of equity and index sales at Eurex, on market structure and electronic trading innovations that Eurex has recently introduced to improve market liquidity. This includes the expansion of Eurex EnLight, the automated request-for-quote process for fixed income, equity and equity index options, as well as the business intelligence benefits of electronification.
Go to TabbFORUM (login required).
And the award goes to ...
At Eurex, we never get tired of winning. At the annual Risk.net awards in London on 26 November, Eurex took home the "Exchange of the Year" award.
On 22 November, we received the TRADE's "Outstanding derivatives venue" award.
Events
The Derivatives Forum Frankfurt 2020 is a full day of discussions, thought leadership insights, industry debates and networking with peers. The Frankfurt Forum is one of the leading events on derivatives, trading and risk management and takes place on 27 February 2020 as part of a series of forums.
