Digital Assets Report

Newsletter

Like this article?

Sign up to our free newsletter

Eurex increases attractiveness of its Trader Development Program in 2011

Related Topics

International derivatives exchange Eurex will offer its Trader Development Program in 2011 in response to high customer demand. Now entering its fifth year, the program will also introduce new incentives to attract more traders to the Eurex exchange, including educational and training services as well as fee waivers.

In addition, Eurex is going to extend the rewards for participants of last year’s Trader Development Program. Depending on volume traded in 2010, traders could be registered for the “Champions Group” in Eurex’s Trader Development Program, securing significant fee reductions and training that allow traders to further boost their activities on Eurex.

The Trader Development Program has been widely successful in admitting new traders to the Eurex platform since its launch in July 2007 and currently includes 625 traders from 27 locations.

“Our Trader Development Program has attracted a growing pool of active market users worldwide," says Michael Peters, member of the Eurex Executive Board. "In particular, we have recently seen a strong interest from trading communities in Asia. In 2011, we will again support educational training and offer additional rewards to those customers who actively participate on Eurex’s platform.".

All reductions and waivers of trading and clearing fees depend on the trader’s geographic location and on the number of individually traded contracts per month. All applicants to the program must be first-time Eurex participants (registered users) and execute only proprietary trades via order routing systems. Applications for the Trader Development Program will be accepted until 31 December 2011, and benefits are effective for one year thereafter.

 

 

Like this article? Sign up to our free newsletter

Most Popular

Further Reading

Featured