Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Successful start of extended U.S. afternoon trading on Eurex

29.11.2005


U.S. participation in benchmark products increasing/ Optimal liquidity with one tick bid/ask spreads/ USD margin call service launched successfully

Extended U.S. afternoon trading on the international derivatives exchange Eurex has seen a successful start since its introduction on November 21, the exchange announced on Tuesday. An average of approximately 59,000 contracts per day was traded during the extended trading hours in the first week. Eurex extended the trading day for its benchmark financial products until 4:00 p.m. New York time/ 3:00 p.m. Chicago time (10:00 p.m. Frankfurt time).

According to Eurex, liquidity in the extended U.S. afternoon trading has been optimal with the tightest possible bid/ask spreads of one tick for almost the entire time. Approximately half of all 400 Eurex members have been active during the extended trading hours. Furthermore, of the total number of U.S.-based members of Eurex, approximately 60 percent were active.

By covering more of the U.S. trading day Eurex can better serve its global customer base. The extended trading day enables Eurex to offer its clients additional trading opportunities, such as spread trading of EUR/USD products as well as significant enhancements of members’ portfolio and risk management.

The new trading hours apply for Euro fixed-income products, including the globally traded benchmark products Euro-Bund, Euro-Bobl, Euro-Schatz and Euro-Buxl, as well as for all equity index futures, including futures on the DAX and Dow Jones Euro STOXX indices. Previously, fixed-income products had been traded until 12:00pm Chicago time (7:00 p.m. Frankfurt time) and index futures until 1:00pm Chicago time (8:00 p.m. Frankfurt time). Trading hours for equity options and equity index options remain unchanged.

Parallel to the extended U.S. afternoon trading, Eurex Clearing has enhanced its service portfolio by offering an intra-day margin call facility in U.S. dollars. This service was launched successfully on November 21. Furthermore, Eurex has also enabled the outsourcing of order maintenance, in order to increase trading flexibility for members.

Media Relations | Deutsche Boerse Group
Further information:
http://www.deutsche-boerse.com

More articles from Business and Finance:

nachricht Microtechnology industry is hiring – positive developments of past years continue
09.04.2018 | IVAM Fachverband für Mikrotechnik

nachricht RWI/ISL-Container Throughput Index with minor decline on a high overall level
20.03.2018 | RWI – Leibniz-Institut für Wirtschaftsforschung

All articles from Business and Finance >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Self-illuminating pixels for a new display generation

There are videos on the internet that can make one marvel at technology. For example, a smartphone is casually bent around the arm or a thin-film display is rolled in all directions and with almost every diameter. From the user's point of view, this looks fantastic. From a professional point of view, however, the question arises: Is that already possible?

At Display Week 2018, scientists from the Fraunhofer Institute for Applied Polymer Research IAP will be demonstrating today’s technological possibilities and...

Im Focus: Explanation for puzzling quantum oscillations has been found

So-called quantum many-body scars allow quantum systems to stay out of equilibrium much longer, explaining experiment | Study published in Nature Physics

Recently, researchers from Harvard and MIT succeeded in trapping a record 53 atoms and individually controlling their quantum state, realizing what is called a...

Im Focus: Dozens of binaries from Milky Way's globular clusters could be detectable by LISA

Next-generation gravitational wave detector in space will complement LIGO on Earth

The historic first detection of gravitational waves from colliding black holes far outside our galaxy opened a new window to understanding the universe. A...

Im Focus: Entangled atoms shine in unison

A team led by Austrian experimental physicist Rainer Blatt has succeeded in characterizing the quantum entanglement of two spatially separated atoms by observing their light emission. This fundamental demonstration could lead to the development of highly sensitive optical gradiometers for the precise measurement of the gravitational field or the earth's magnetic field.

The age of quantum technology has long been heralded. Decades of research into the quantum world have led to the development of methods that make it possible...

Im Focus: Computer-Designed Customized Regenerative Heart Valves

Cardiovascular tissue engineering aims to treat heart disease with prostheses that grow and regenerate. Now, researchers from the University of Zurich, the Technical University Eindhoven and the Charité Berlin have successfully implanted regenerative heart valves, designed with the aid of computer simulations, into sheep for the first time.

Producing living tissue or organs based on human cells is one of the main research fields in regenerative medicine. Tissue engineering, which involves growing...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Save the date: Forum European Neuroscience – 07-11 July 2018 in Berlin, Germany

02.05.2018 | Event News

Invitation to the upcoming "Current Topics in Bioinformatics: Big Data in Genomics and Medicine"

13.04.2018 | Event News

Unique scope of UV LED technologies and applications presented in Berlin: ICULTA-2018

12.04.2018 | Event News

 
Latest News

Matabele ants: Travelling faster with detours

22.05.2018 | Life Sciences

Flow of cerebrospinal fluid regulates neural stem cell division

22.05.2018 | Life Sciences

Chemists at FAU successfully demonstrate imine hydrogenation with inexpensive main group metal

22.05.2018 | Life Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>