Eurex has expanded its FX Futures coverage to Scandinavian currencies and continues to develop into a liquidity hub covering European currencies.
The exchange has started trading seven new FX Futures on Scandinavian currencies, including EUR/NOK, EUR/SEK, EUR/DKK, USD/NOK, USD/SEK, USD/DKK, NOK/SEK. A liquidity scheme caters for tight pricing and competitive liquidity, according to Eurex.
Maximilian Dannheimer, head of FX ETD sales at Eurex, says: “Gaining exposure to Swedish, Danish and Norwegian currencies allows clients to hedge positions and seize unique trading opportunities. The launch of Scandinavian currency futures is a natural evolution to offer transparency and minimise risk by exchange-traded, centrally cleared derivatives in G10 currencies.”
In total, Eurex offers 19 currency pairs including seven pairs on Scandinavian currencies. Eurex Listed FX service portfolio can be accessed through the standard T7 trading system or Deutsche Börse’s OTC FX platform 360T.
