Eurex launches Euro high yield index futures
New contracts will allow market participants to take advantage of the increased volatility of Euro-denominated sub-investment grade securities.
New contracts will allow market participants to take advantage of the increased volatility of Euro-denominated sub-investment grade securities.
New FX futures contracts will now cover Brazil, Mexico and South Africa.
The move follows the growing trend to combine on- and off-exchange business.
Given the latest developments for the asset class in today’s unprecedented climate of volatility, Wesley Bray looks at how equity derivatives have evolved over the years - and how the big European exchanges are battling it out to differentiate themselves in the current competitive marketplace.
In addition to strong figures related to interest rate derivatives, Eurex also saw total repo volumes increase by 54% year-on-year.
Lack of equivalence between the UK and Europe post-Brexit saw a huge chunk of derivatives trading move to the US, however, proposed upcoming regulatory changes have the potential to push some of that liquidity back across the pond.
The move will allow clients to address market liquidity concerns as well as regulatory-driven challenges.
Executives from LCH, SIX, EuroCCP and Eurex populated a panel at the PostTrade 360 event in Stockholm last week to discuss the current state of affairs in the UK and European clearing markets.
Cross product margining services are already being offered to Société Générale and BNP Paribas’ clients.
The new offering will provide users with insights into market positioning and dynamics as well as futures and options markets.