The international derivatives market Eurex Exchange has concluded an index licensing agreement with the Vienna Stock Exchange (Wiener Börse).
The agreement will allow Eurex Exchange to list futures and options on well-known indices of the Vienna Stock Exchange. This means that Eurex Exchange will be able to complement its Austrian equity futures and equity options segment with the corresponding equity index derivatives based on the ATX and ATX five.
More than 6.8 million contracts in Austrian derivatives were traded on the Eurex Exchange by the end of September 2013. Moreover, the CECE EUR Index, based on eastern European markets, is an ideal complement to the RDX USD index futures and options already listed. More than 1.3 million contracts have already been traded on the RDX USD Index in 2013. The RDX USD Index is also calculated by the Vienna Stock Exchange. Eurex plans to launch the first index derivatives within the not so distant future.
“The planned index derivatives will expand our equity index derivative segment to include further key central and eastern European markets,” says Mehtap Dinc, member of the Eurex executive board. “We will thus be enabling market participants to trade new exchange-listed index futures and options on the Eurex Exchange.”