Eurex, Euronext Liffe making volume gains
A spike in demand for single stock futures (SSFs) in Europe
over the last six months has seen Eurex enter the market and
Euronext Liffe announce last week the introduction of 300
contracts onto its B-Clear wholesale trading system.
According to the two exchanges, changes in the marketplace
have seen traders increasingly look to trade SSFs in 2006,
prompting the two of them, as the only pan-European SSF
exchanges, to bolster their offerings.
Ralf Dreyer, head of product design for equity derivatives
at Eurex, told FO Week that his exchange had achieved a
significant market share since launch in October. He said Eurex
traded 280,000 stock futures in January, around a quarter of
the contracts that changed hands at Euronext Liffe - which has
offered the contracts since 2001.
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