“Despite historically low volatility levels, growth on Eurex has been strong and for the second consecutive year we have been the only derivatives exchange to trade over one billion contracts. Eurex is on track for another record year,” said Rudolf Ferscha, CEO of Eurex.”Our strategic initiatives in the U.S. and in European markets such as the Netherlands, France and Italy have allowed us to tap into new customer groups and offer trading and clearing participants access to our global benchmark products and superior technology. Our global distribution model puts Eurex in good stead for the future competition for global risk assumption and risk management.”
Eurex’s strong growth comes as the exchange continues to expand it global distribution model into the U.S, and Europe. U.S. participants currently account for up to 25 percent of turnover in Eurex benchmark products such as the Euro-Bund Future, and futures and options on the European indices DAX and Euro STOXX 50.
Further participation from the U.S. is anticipated via the Global Clearing Link, which once fully implemented, will increase the efficiency of cross-border clearing by allowing customers to use one, local clearing organization for trades executed on either Eurex or Eurex US. This will result in cost reductions for customers through collateral pooling and margin offsets between USD- and EUR-denominated products.
