Eurex lures euro clearing volumes to Europe post-Brexit with new buy-side incentive scheme
The clearinghouse confirmed the move was to reduce reliance on CCPs outside of the EU in line with regulatory objectives.
The clearinghouse confirmed the move was to reduce reliance on CCPs outside of the EU in line with regulatory objectives.
The exchange group has invested $3 million into Caplight Technologies to expand its derivatives trading and hedging capabilities on private company shares.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Derivatives Exchange Group this year: including Cboe Europe Derivatives (CEDX), CME Group, Eurex, Euronext and ICE.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding FX Trading Venue this year: including CME EBS, Eurex, Euronext FX, LSEG (Refinitiv FXall) and 360T, Deutsche Börse.
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.