Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Eurex Deepens Dialogue With Chinese Market Participants And Supervisory Authorities - First Eurex Derivatives Conference On 19 April In Beijing

Date 19/04/2013

Deutsche Börse Group and its subsidiary Eurex, the international derivatives marketplace, have become the first non-Chinese exchange operator to hold a conference on the derivatives markets and their contribution to a country’s economic growth. The one-day conference “China Europe Derivatives Market Forum” was held today, 19 April 2013, in Beijing. More than 220 representatives from Chinese exchanges, the China Futures Association (CFA), financial institutions and universities participated.

In addition to Deutsche Börse Group executives, well-known external speakers such as Elke König, President of the German supervisory authority BaFin, Michael Heise, Chief Economist of Allianz SE, and board members of all the six Chinese stock and futures exchanges also participated in the conference. The German Ambassador to China, Michael Schaefer, officially opened the conference.

 

“I am pleased that we have started this form of dialogue with our Chinese partners. Today’s derivatives conference featuring such high-ranking guests underpins our cooperative approach and marks the start of a new chapter in our cooperation,” stated Reto Francioni, CEO of Deutsche Börse AG.

 

“A well-functioning derivatives market is important to promote economic growth and financial market stability,” added Andreas Preuss, Deputy CEO of Deutsche Börse AG and CEO of Eurex. “China plays an increasingly important role in global financial markets. We look forward to sharing our experience in developing derivatives markets.”

 

In the course of the speeches of Deutsche Börse Group executives and in the panel discussions, it became clear that exchange-traded derivatives are indispensable as instruments for hedging risk and for investment purposes around the globe. They are well suited for companies in the real economy, as well as for investment firms, pension funds and asset managers, as protection against price and value fluctuation and for comprehensive liquidity management in portfolios.