Eurex gets the Year Off to a Good Start

Eurex, the European derivatives market, got off to very good start in 1999. With total volume of 23.6 million contracts traded in January, Eurex surpassed its January 1998 turnover by about 50 percent. It was also about 50 percent higher than the previous month's volume of 15.8 million contracts traded. The BUND future is still the leading contract, with volume of 8.7 million contracts traded in January. As in the January year, bond market products are the strongest Eurex segment, with a total of 13.3 million contracts traded in January.