Overseas Investment Exchange in accordance with UK law.
"The receipt of UK recognition creates new opportunities for both existing and new members of Eurex US by allowing U.K. members to trade on this market," said Satish Nandapurkar, CEO Eurex US.
"Customers in the U.K. represent substantial potential for Eurex US," said Rudolf Ferscha, CEO Eurex. In Eurex's global distribution network members trading from the U.K. currently account for 47 percent of the total contract turnover. The U.K. market share has seen a constant increase over the last years with some 450 million contracts traded out of the U.K. in the
Eurex US opened its market for trading on February 8, 2004 and currently lists futures and options on 2-, 5- and 10-year Treasury notes and on 30-year Treasury bonds. Total trading volume on Eurex US has exceeded 550,0000 contracts since launch. Pending approval of international regulatory authorities, Eurex US will expand its offerings to include trading in futures and options on Euro-denominated interest rate products as well as on European and US equity indices.
Walter Allwicher/Frank Hartmann
Tel: + 49-69-21 01-1500