Open interest on Eurex US surpasses 70,000 contracts for the first time

Eurex US, the fully-electronic U.S. futures and options exchange, today announced that open interest in U.S. Treasury futures at the exchange had surpassed 70,000 contracts for the first time. On November 10, open interest reached 70,096 contracts. The previous record, set on November 3, was 69,154 contracts. Open interest represents the number of open positions in a futures or options contract and is regarded as an important indicator of the sustainable future growth of a derivative product.

Trading volume on Eurex US also continues to grow. The exchange saw its strongest trading week ever in the last week in October, with 279,454 contracts traded, and a record trading day on October 27 with 79,175 contracts traded.

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. With the introduction of the Global Clearing Link, Eurex US will expand its offering to include futures and options on Euro-denominated interest rate and index products. These products will include benchmark European products such as the fixed income product suite Bund, Bobl and Schatz as well as products on the leading European indices DAX and DJ Euro STOXX 50.

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