Eurex has reaffirmed its long-term commitment to Eurex US, dispelling rumours that the entity may be shut down.
Rudi Ferscha, Eurex's CEO, speaking to FO Week at the Swiss Futures and Options Association conference in Bürgenstock, outlined a number of initiatives and operational issues that support Eurex US's growth and purpose. Recent reports have said that Deutsche Börse's board has been considering what to do with the exchange, which has failed to grab significant market share in US Treasury futures from Chicago Board of Trade. Some have even speculated that the exchange would be closed by the end of the year.
However, Ferscha said that the...