Eurex Becomes First European Exchange To Launch Volatility Futures - New Futures Family As Of 19 September - Ferscha: “Volatility Futures Are Part Of A Broad-Based Product Campaign”

As reported, Eurex will be the first exchange in Europe to offer trading in volatility futures starting 19 September. With these new products, Eurex will provide investors with access to volatility as an independent asset class. The volatility futures are based on the VSTOXX indices for volatility in the euro area, the VSMI index for volatility in the Swiss equity market, and the VDAX-NEW index for volatility in the German equity market. The new futures are part of a broad-based campaign by Eurex to expand its range of financial futures products and introduce new asset classes for investors around the world.

“With this product and innovation initiative, Eurex has tailored its product range to meet the quickly evolving needs of investors,” said Rudolf Ferscha, CEO of Eurex. “By introducing new asset classes, we have further expanded our position as a leader of innovation in financial futures products, in a bid to attract more OTC volume to our efficient electronic trading platform.”

The product and innovation campaign by Eurex covers a broad range of new products. In addition to volatility futures, Eurex has launched the 30-year BUXL future for European government bonds on September 9, and will launch futures and options on the DJ STOXX 600 Index and DJ STOXX Mid 200 Index as of September 19, as well as futures on the Swiss SMIM Index and FX Futures as of September 23, and futures on individual equities as of October 24.

Eurex is also extending its trading hours to 10.00 pm CET, with effect from 21 November. This will enable Eurex to offer new trading opportunities to clients, to cover the trading day until the end of cash equities trading in the USA, and to increase the distribution of its benchmark products in the USA.