Editorial - Wag the dog

FOW's forum for European Eurex members raised some troubling issues for the exchange; issues which, speaking to other market participants subsequent to the forum, appear to have struck a chord with a large proportion of the user community. While it must be too early to predict that Eurex is going the same way with its strategy as Liffe did when it lost the Bund a decade ago it is hard not to concur with the view that, to some extent...