Exchange for Swaps functionality to be introduced for equity index derivatives
06 Nov 2008
The
international derivatives exchange Eurex today announced that it will
extend its OTC Wholesale Facility. Together with the launch of Eurex
Release 11, scheduled for 10 November 2008, customers will now be able
to reference equity index swaps in the existing functionality Exchange
for Swaps (EFS). This will allow trades which combine all available
Eurex index futures with related OTC equity index swaps. As of today,
the facility can be used for OTC interest rate swaps/swaptions, credit
default swaps (CDS) and inflation swaps in combination with Eurex’s
fixed-income futures, credit futures and inflation futures
respectively.
Peter Reitz, member of the Eurex Executive Board, said “In the last couple of months, we have seen growing volume transferring from the OTC equity index swap market into the exchange environment. By offering this extension of our functionality, we will ... more »
Peter Reitz, member of the Eurex Executive Board, said “In the last couple of months, we have seen growing volume transferring from the OTC equity index swap market into the exchange environment. By offering this extension of our functionality, we will ... more »
