Its not war on Eurex, says SGX as its seals Euro Stoxx licence

It’s not war on Eurex, says SGX as its seals Euro Stoxx licence 12 Mar 2010

Singapore Exchange has said it believes there is room in the market for its soon-to-be-introduced Euro Stoxx 50 futures, even though the contracts are already successfully offered at Eurex.

The Asian exchange said yesterday (March 11) that it had agreed a deal with Stoxx to offer futures and options on the Euro Stoxx 50, the most widely traded benchmark of European blue chip stocks.

On the same day, SGX announced that it had agreed to extend its relationship with the National Stock Exchange of India to offer options on the S&P CNX...

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“For Bolsa Mexicana it’s an excellent deal, because CME has about 150,000 terminals around the world and that will provide MexDer with an audience. For them to achieve 150,000 terminals can take many years if not even decades”

Bernardo Mariano, analyst at Equity Research Desk, on the talks between CME Group and the Mexican stock exchange

FOi - Futures and Options Intelligence

It’s not war on Eurex, says SGX as its seals Euro Stoxx licence 12 Mar 2010

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