NexusFi: Find Your Edge


Home Menu

 





EUREX FX Futures


Discussion in Brokers

Updated
      Top Posters
    1. looks_one Jura with 4 posts (2 thanks)
    2. looks_two Balanar with 4 posts (7 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 BlackSwan04 with 1 posts (0 thanks)
    1. trending_up 5,831 views
    2. thumb_up 9 thanks given
    3. group 5 followers
    1. forum 11 posts
    2. attach_file 1 attachments




 
Search this Thread

EUREX FX Futures

  #11 (permalink)
 
Jura's Avatar
 Jura   is a Vendor
 
Posts: 775 since Apr 2010
Thanks Given: 2,352
Thanks Received: 690


Jura View Post
I doubt these figures are correct (it can not be that bad, right? ); out of curiosity I've send Eurex an email regarding this.

Already got a reply:


Jura
Hi Eurex,

Eurex recently launched FX futures, and I was wondering whether these are a good substitute for CME's FX products.

However, I noticed that in the daily statistics for yesterday (December 5)[1] and the monthly statistics for November[2], not a single FX future was traded.

Is that correct?

Thanks in advance for your reply,

[1]: https://www.eurexchange.com/blob/exchange-en/180078-180082/729150/1/data/dailystat_20131205.xls
[2]: https://www.eurexchange.com/blob/exchange-en/62304-62410/724786/1/data/monthlystat_201311.pdf


Eurex Sales
Hi .....

Eurex postponed the introduction of FX futures and FX options on six currency pairs (EURUSD, EURCHF, EURGBP, GBPUSD, GBPCHF, USDCHF), originally planned for 7 Oct 2013, due to a short-notice request from its third party service provider bank. The partner that will give access to the Continuous Linked Settlement (CLS) system, required for the settlement of FX futures and FX options, has requested additional time to further strengthen the control framework. As a result, the Eurex Executive Board has agreed to postpone the launch. Both partner work jointly on all relevant aspects to ensure the success of the new product offering; and Eurex will announce a new launch date in due course.

Kind regards

Eurex Sales
Eurex Frankfurt AG

(Bold added)

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Cheap historycal L1 data for stocks
Stocks and ETFs
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
About a successful futures trader who didn´t know anyth …
Psychology and Money Management
REcommedations for programming help
Sierra Chart
Trade idea based off three indicators.
Traders Hideout
 
  #12 (permalink)
 
Jura's Avatar
 Jura   is a Vendor
 
Posts: 775 since Apr 2010
Thanks Given: 2,352
Thanks Received: 690


Balanar View Post
For FX Traders: I know that the EUREX wants to introduce in 2014 a new FX futures market.

(....)


There is no release date yet.

It took a while after their original release date for October 2013, but they are coming on July 7:


Quoting 
Eurex to launch currency derivatives

FX as new asset class to launch on 7 July 2014/Futures and options on six of the most important currency pairs

Eurex Exchange, the international derivatives market of Deutsche Börse Group, is to extend its product range by introducing foreign exchange (FX) derivatives as a new asset class. Effective 7 July 2014, exchange-traded currency futures and options will be offered on the following main currency pairs: EUR/USD, EUR/GBP, EUR/CHF, GBP/USD, GBP/CHF and USD/CHF.

“With this step we are making a further important contribution to increasing the transparency and safety of financial markets. We have tailored our products to market practices and want to provide efficient and effective access to our marketplace,” said Mehtap Dinc, member of the Eurex Executive Board.

Eurex Clearing will offer physical settlement of contracts for these products, i.e. delivery of the respective currencies via the international currency settlement system Continuous Linked Settlement, which is established in the FX market.

“Our FX offering will have a unique differentiation to other offerings. Eurex Clearing as central counterparty of all trades will remain the counterparty until the final settlement of trades, providing full safety for both sides of the transaction,” added Thomas Book, CEO of Eurex Clearing.

The FX futures will be tradable from 8:00 to 22:00 CET, the FX options from 8:00 to 19:30 CET. To support the launch, Eurex Exchange is offering special incentive programs for the listed FX futures and options for market makers in order to provide sufficient order book liquidity.

Source. More information on the Eurex FX page.

I'm very curious how the liquidity will hold up.

Reply With Quote




Last Updated on June 3, 2014


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts