Derivatives

Individual previously spent more than 11 years at BTIG, most recently as a vice president for outsourced trading.  

Individual joins the broker after spending the last five years at Citi working across various roles.  

The contracts are listed on the Euronext Derivatives Milan market, and are powered by the exchange’s clearing platform.  

Although FX options are gaining some traction across the industry, with electronification beginning to take shape, other instruments appear to be retaining dominance, panellists discussed at the TradeTech FX conference in Barcelona.  

The delivery follows the launch of FMX in September 2024, as well as the exchange’s two-year and five-year UST futures contracts unveiled in May 2025. 

The contracts are scheduled to go live in Q1 2026 and follows strong adoption of FLEX options in the US since the products were launched in the region in 1993.  

The past week has seen appointments spanning emerging markets credit, rates and equity derivatives sales.  

Move is expected to provide both institutional and retail traders with the opportunity to access ten of the most actively traded AI technology and growth-oriented stocks through cash-settled index options and futures.  

Trading of these contracts began on 10 September 2025 and follows a growing demand for futures products in the EU bond market in recent years.  

The contracts will be offered on Cboe Futures Exchange (CFE), with launch scheduled for 10 November 2025.