New Eurex futures command major market interest
04 November 2015 Frankfurt
Image: Shutterstock
Eurex’s two new futures have already recorded just under 30,000 signed contracts between them in their first few days of trading.
Euro-BONO-Futures and Mini-DAX-Futures launched on 26 and 28 October respectively.
Euro-BONO-Futures is achieving an average daily volume of more than 1,000 contracts, with 7,008 recorded in total since its launch.
More than 35 participants were active during the opening days of trading, with an average spread of two to three ticks due to four market makers.
Mini-DAX-Futures first data is even stronger with an average daily volume of 4,455 contracts and 22,300 contracts signed in total.
More than 70 participants were active in the first days of trading and 12 market makers currently quote the product.
The average spread is one to two ticks.
Mehtap Dinc, member of the Eurex executive board, responsible for global product research and development, said: “We are pleased that both our new contracts were so well received by the market, and we expect to have more new participants over the next days and weeks.”
Euro-BONO-Futures and Mini-DAX-Futures launched on 26 and 28 October respectively.
Euro-BONO-Futures is achieving an average daily volume of more than 1,000 contracts, with 7,008 recorded in total since its launch.
More than 35 participants were active during the opening days of trading, with an average spread of two to three ticks due to four market makers.
Mini-DAX-Futures first data is even stronger with an average daily volume of 4,455 contracts and 22,300 contracts signed in total.
More than 70 participants were active in the first days of trading and 12 market makers currently quote the product.
The average spread is one to two ticks.
Mehtap Dinc, member of the Eurex executive board, responsible for global product research and development, said: “We are pleased that both our new contracts were so well received by the market, and we expect to have more new participants over the next days and weeks.”
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