Speculation mounted last week that Eurex may be about to
close its struggling US subsidiary, Eurex US, as its prospects
were set to come under scrutiny from the supervisory boards of
parent companies Deutsche Börse and SWX Swiss
During a conference call on 9 August, Deutsche Börse
CFO Mathias Hlubek told analysts that the future of Eurex's
presence in the US will be decided in early
"We are in the midst of committee discussions and we mustn't
forget that Eurex is a joint venture, so there will be meetings
of the Eurex owner boards at the end of August [and] beginning
of September where we will discuss the issue; we think the
process will be completed in early September. The US will
remain an important market so we're looking at different
formats - I can't say any more at this time," he said.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.