At 7:00 pm CST on Sunday evening trading commenced on Eurex US, the new all-electronic U.S futures and options exchange.
Satish Nandapurkar, CEO of Eurex US said: "The start of trading on Eurex US went flawlessly and there is great liquidity on the system." The Eurex US market
model levels the U.S. futures playing field and allows all investors to benefit from low cost and open access to some of the most liquid derivatives products
worldwide, Nandapurkar concluded.
Currently more than 1800 traders from over 100 member firms are connected to Eurex US. A total of 36 market makers provide liquidity to the new marketplace. The exchange currently maintains markets for futures and options on 2-, 5- and 10-year Treasury notes and on 30-year Treasury bonds. The Chicago-based Clearing
Corporation is acting as Eurex US' clearing organization in the U.S.
To mark the launch of Eurex US, the television antennas atop the Sears Tower, headquarters of Eurex US, were illuminated with green and blue lights, the
corporate colors of Eurex US. The light show will continue on Monday.
Candice Adam/Walter Allwicher
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