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
How Strong Brands Translate into Money
15.11.2016 | Kühne Logistics University - Wissenschaftliche Hochschule für Logistik und Unternehmensführung
Demographic change depresses tax revenues
04.11.2016 | Fraunhofer-Institut für Angewandte Informationstechnik FIT
In recent years, lasers with ultrashort pulses (USP) down to the femtosecond range have become established on an industrial scale. They could advance some applications with the much-lauded “cold ablation” – if that meant they would then achieve more throughput. A new generation of process engineering that will address this issue in particular will be discussed at the “4th UKP Workshop – Ultrafast Laser Technology” in April 2017.
Even back in the 1990s, scientists were comparing materials processing with nanosecond, picosecond and femtosesecond pulses. The result was surprising:...
Have you ever wondered how you see the world? Vision is about photons of light, which are packets of energy, interacting with the atoms or molecules in what...
A multi-institutional research collaboration has created a novel approach for fabricating three-dimensional micro-optics through the shape-defined formation of porous silicon (PSi), with broad impacts in integrated optoelectronics, imaging, and photovoltaics.
Working with colleagues at Stanford and The Dow Chemical Company, researchers at the University of Illinois at Urbana-Champaign fabricated 3-D birefringent...
In experiments with magnetic atoms conducted at extremely low temperatures, scientists have demonstrated a unique phase of matter: The atoms form a new type of quantum liquid or quantum droplet state. These so called quantum droplets may preserve their form in absence of external confinement because of quantum effects. The joint team of experimental physicists from Innsbruck and theoretical physicists from Hannover report on their findings in the journal Physical Review X.
“Our Quantum droplets are in the gas phase but they still drop like a rock,” explains experimental physicist Francesca Ferlaino when talking about the...
The Max Planck Institute for Physics (MPP) is opening up a new research field. A workshop from November 21 - 22, 2016 will mark the start of activities for an innovative axion experiment. Axions are still only purely hypothetical particles. Their detection could solve two fundamental problems in particle physics: What dark matter consists of and why it has not yet been possible to directly observe a CP violation for the strong interaction.
The “MADMAX” project is the MPP’s commitment to axion research. Axions are so far only a theoretical prediction and are difficult to detect: on the one hand,...
16.11.2016 | Event News
01.11.2016 | Event News
14.10.2016 | Event News
08.12.2016 | Physics and Astronomy
08.12.2016 | Health and Medicine
08.12.2016 | Life Sciences