Exchange approved to offer access to its cash and derivatives market last month
Pan-European exchange Euronext will on
Monday officially launch in Israel, after in September winning
approval from local authorities to on-board Israeli firms to
trade on its cash and derivatives markets.
The launch on Monday 12 October marks the
exchange’s official push into the country. It will
now be able to promote its products locally to qualified
Lee Hodgkinson, head of global markets and
sales and CEO of Euronext London, told FOW: "We are seeing
appetite from technologically-savvy trading houses with a
desire to access Euronext’s cash and derivatives
markets and are now working on building these relationships. We
will be able to begin connecting participants from Monday."
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