Eurex US has reiterated its belief in incremental growth in its volumes, despite the absence of noticeable signs of an increase from the levels seen immediately following the launch of its "X Factor" incentives programme (see FO Week Vol 9 No 28). Average daily volume has remained in the 40,000- 50,000 range, while the exchange's share of the US Treasury contract market has also remained static (see graph p7).
While Eurex US's 31 August volume hit 74,260 -...