Societe Generale starts trading Eurex FX futures
19 July 2019 Paris
Image: Shutterstock
Societe Generale has started trading Eurex foreign exchange (FX) futures from clearing to trading.
Eurex FX clients can now also execute bilaterally off-exchange against the bank whenever they need immediate, large scale risk transfers.
Additionally, the clients can now move between over-the-counter (OTC) FX and listed FX using exchange for physical (EFP).
Chris Callander, UK head of FX futures sales and trading and client facilitation at Societe Generale, said: “We are very pleased to add a European exchange to our current FX futures product offering.”
“We look forward to helping clients build and maintain their FX positions at Eurex using our Block futures and EFP capabilities.”
Carlo Kölzer, CEO of 360T and global head of FX at Deutsche Börse Group, commented: “Many clients have told us a catalyst for their increased use of FX Futures will be a tertiary pool of off-exchange liquidity to complement our strong order book proposition, so we welcome Chris Callander’s trading desk as a primary off-exchange provider in the FX space.”
“With clearing enabling important new trading relationships to be formed without the need for bilateral credit or operational agreements, and off-exchange being the bridge between OTC and listed markets, our clients now have a choice over how to access our FX futures liquidity for any given trade.”
Eurex FX clients can now also execute bilaterally off-exchange against the bank whenever they need immediate, large scale risk transfers.
Additionally, the clients can now move between over-the-counter (OTC) FX and listed FX using exchange for physical (EFP).
Chris Callander, UK head of FX futures sales and trading and client facilitation at Societe Generale, said: “We are very pleased to add a European exchange to our current FX futures product offering.”
“We look forward to helping clients build and maintain their FX positions at Eurex using our Block futures and EFP capabilities.”
Carlo Kölzer, CEO of 360T and global head of FX at Deutsche Börse Group, commented: “Many clients have told us a catalyst for their increased use of FX Futures will be a tertiary pool of off-exchange liquidity to complement our strong order book proposition, so we welcome Chris Callander’s trading desk as a primary off-exchange provider in the FX space.”
“With clearing enabling important new trading relationships to be formed without the need for bilateral credit or operational agreements, and off-exchange being the bridge between OTC and listed markets, our clients now have a choice over how to access our FX futures liquidity for any given trade.”
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