Last week saw Eurex US set more records for daily volume and open interest, as well as trading its millionth contract, as rival Chicago Board of Trade (CBoT) appealed directly to traders for their continued support. Recent volume growth on Eurex US led ceo Satish Nandapurkar to tell FO Week that the exchange had now reached critical mass for the "first level" of end user - proprietary traders.
On 21 July, 61,958 Treasury contracts were traded on Eurex US, a market share of just under 5%. Open interest...