Monday, August 9, 2010

Grant: Emerging markets lure big exchanges

This week Eurex, the derivatives arm of Deutsche Börse, and SGX, the Singapore exchange, said they would launch an Asian version of Euro Stoxx 50 index futures and options on futures – one of the German exchange’s flagship products.

It is the latest in a flurry of “cross-listing” deals struck in the past few months by Eurex and its main global rival, US-based CME Group, with exchanges in Malaysia, India, South Korea, Mexico and Brazil...

Cross-listings are designed to expand distribution of established exchanges’ core products beyond their time zones and to tap into communities of traders in other regions.

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