http://www.eurexgroup.com/index.html Eurex Group is a leading provider of trading and clearing services organized to deliver innovation and excellence across the derivatives value spectrum. Today, the Group includes Eurex Exchange, the International Securities Exchange, the European Energy Exchange, Eurex Clearing, Eurex Bonds and Eurex Repo. Working together, we provide global opportunities across numerous products from pre- to post-trading. Copyright: (C) Eurex Group 2012 2 http://www.eurexgroup.com/resources/images/layout/logo_eurexgroup_rss.gif http://www.eurexgroup.com/index.html 144 49 New daily record in the Eurex KOSPI Product on 9 May 2012 More than 731,000 contracts traded on a single day/ Significant increase compared with daily record from previous day Eurex KOSPI ProductNew daily record turnover on 9 May 2012: 731,889 contractsPrevious daily record on 8 May 2012: 525,781 contractsAverage daily volume May 2012: 349,118 contractsAverage daily volume year-to-date: 157,259 contractsAverage daily volume 2011: 71,454 contractsTotal volume year-to-date: 13,367,038 contractsTotal volume full year 2011: 17,577,676 contractsThe new record volume is mainly due to the increasing number of active trading participants, both from South Korea and existing Eurex members, and the related growth in trading activity. Newsflash - new daily record in the Eurex KOSPI Product on 8 May 2012 More than 525,000 contracts traded on a single day Eurex KOSPI Product New daily record turnover on 8 May 2012: 525,781 contractsPrevious daily record on 9 November 2011: 387,935 contractsAverage daily volume May 2012: 272,563 contractsAverage daily volume year-to-date: 144,159 contractsAverage daily volume 2011: 71,454 contractsTotal volume year-to-date: 12,109,368 contractsTotal volume full year 2011: 17,577,676 contractsThe new record volume is mainly due to the increasing number of active trading participants, both from South Korea and existing Eurex members, and the related growth in trading activity. Average daily volume of 10.9 million contracts at Eurex Group in April Eurex Exchange: April with highest monthly volume in 2012/ Eurex Repo: GC Pooling and Euro Repo Market continued to grow significantly In April 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.9 million contracts (April 2011: 10.5 million). Of those, 8.3 million were Eurex Exchange contracts (April 2011: 7.6 million), and 2.6 million contracts (April 2011: 2.9 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 156.9 million contracts were traded at Eurex Exchange and 52.0 million at ISE. This makes April the best month in terms of trading volumes in 2012.Eurex Exchange traded 64.6 million equity index derivatives contracts (April 2011: 49.9 million). The single largest contract was the future on the EURO STOXX 50 ® Index with 26.1 million contracts. The option on this blue chip index totaled 25.1 million contracts. Futures on the DAX index recorded 3.0 million contracts while the DAX options reached another 4.2 million contracts. The Eurex KOSPI Product recorded 3.0 million contracts, an ADV of 157,000 contracts.The equity derivatives (equity options and single stock futures) segment at Eurex Exchange recorded 57.2 million contracts (April 2011: 54.3 million). Thereof, equity options totaled 18.6 million contracts and single stock futures equaled 38.6 million contracts (+11 percent y-o-y).Eurex Exchange’s interest rate derivatives segment achieved 34.4 million contracts (April 2011: 40.4 million). The Euro-Bund-Future reached 13.8 million contracts, the Euro-Bobl-Future 7.6 million contracts and the Euro-Schatz-Future 6.8 million contracts. The Euro-BTP-Future increased and totaled around 288,000 contracts and the Short Term Euro-BTP-Future approximately 50,000 contracts. The Euro-OAT-Future – launched in mid April – totaled more than 129,000 contracts in just two weeks.The Eurex segment dividend-based derivatives totaled more than 426,000 contracts, growing 51 percent y-o-y. Volatility derivatives grew by 36 percent y-o-y and totaled 257,000 contracts.The volume traded on the Power Derivatives Market of European Energy Exchange (EEX) amounted to 48.7 Terawatthours (TWh) in April 2012 (April 2011: 88.4 TWh). On the EEX Spot and Derivatives Market for natural gas the volume traded amounted to 5.2 TWh (April 2011: 1.8 TWh). In April, a volume of 8.9 million tonnes of CO2 was traded on the Spot and Derivatives Market for Emission Allowances compared with 6.5 million tonnes of CO2 in April 2011.Eurex Repo, which operates Swiss Franc Repo, Euro Repo and GC Pooling markets, reported for all Eurex Repo markets an average outstanding volume of 235.6 billion euros (April 2011: 275.5 billion euros). The secured money market GC Pooling recorded an average outstanding volume of 131.5 billion euros, an increase of 52 percent y-o-y (April 2011: 86.5 billion euros). The Euro Repo Market reached an average outstanding volume of 166.2 billion euros in April, an increase of 42 percent y-o-y. The Swiss Franc Repo market reached 69.4 billion euros.The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded 10.0 billion euros (single counting) in April, an increase of 12 percent compared to 8.95 billion euros in April 2011. In March 2012, volume was 11.8 billion euros.Statistics April 2012 Eurex Clearing partners with Pirum for its upcoming CCP service for securities lending market Eurex Clearing and Pirum Systems sign Connectivity Agreement to facilitate access to Eurex Clearing’s Lending CCP / Market participants will be able to leverage Pirum’s automation platform to transmit bilaterally negotiated transactions to Eurex Clearing Eurex Clearing, Europe's leading clearing house, and Pirum Systems announced today that they have entered into a Connectivity Agreement to facilitate access to Eurex Clearing's upcoming CCP service for securities lending. Pirum Systems is an acknowledged market leader in automating post-trade processes for the securities finance industry. The direct connectivity between Eurex Clearing and Pirum's automation platform allows market participants to make use of their existing Pirum interfaces to feed bilaterally agreed transactions to Eurex Clearing for CCP novation and downstream processing. "We are very pleased to work with Pirum in our effort to bring the safety and efficiency of Eurex Clearing's CCP services to the securities lending market. Leveraging Pirum’s existing connectivity will significantly simplify access to our new service and will directly benefit our customers," said Thomas Book, member of the Eurex Executive Board, responsible for clearing."This partnership will enable our extensive customer base to make use of their connectivity with Pirum to use Eurex Clearing’s new and innovative securities lending CCP Service. Pirum's solution will offer seamless integration for CCP transactions using the same business processes and system interfaces that are already used for bilateral transactions," said Rupert Perry, CEO of Pirum Systems.Eurex Clearing is currently in preparation for the mid-year launch of its new Lending CCP Service and thereby will be the first to offer the safety and efficiency of central clearing to the large bilateral-organised securities lending market. Fully introduced, it will cover European markets for loans in equities, ETFs as well as fixed income securities and will provide significant improvements to the current market structure. The clearing house as single counterparty to all trades will reduce counterparty risk exposure and eliminate the need for multiple credit evaluations. Thus, users can achieve a significant reduction in capital allocation associated with bilateral transactions. In addition, the new service is able to support the existing relationship between agent lenders and beneficial owners by introducing a unique member model for beneficial owners. Eurex Clearing also intends to further expand the range of its Lending CCP Service by leveraging internal solutions.About Eurex ClearingEurex Clearing AG is one of the world’s leading clearing houses. It offers fully automated and straight-through post trade services combined with an industry-leading risk management for derivatives, equities, repo and fixed income transactions traded at major international exchanges and trading platforms. The offering comprises flexible trade management functions, advanced risk management services, efficient collateral and delivery management tools. As a central counterparty, its focus is to increase market integrity.Eurex Clearing AG is a wholly owned subsidiary of Eurex Frankfurt AG.About PirumPirum is an acknowledged market leader in automating post-trade processes for the securities finance industry. With a centralised data processing hub, Pirum seamlessly links participants in the securities finance industry with each other, ensuring stock lending and repo transactions are processed both efficiently and with reduced operational risk. The new Pirum - Eurex Clearing gateway will integrate the bilateral, OTC negotiated securities lending market into Eurex Clearing's CCP services and network. Related linksPirum websiteEurex Clearing website Average daily volume of 10.1 million contracts at Eurex Group in March In March 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.1 million contracts (March 2011: 11.8 million). Of those, 7.4 million were Eurex Exchange contracts (March 2011: 8.7 million), and 2.7 million contracts (March 2011: 3.1 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 163.1 million contracts were traded at Eurex Exchange and 58.9 million at the ISE. In its largest segment – equity index derivatives – Eurex Exchange achieved 79.7 million contracts (March 2011: 97.2 million), of these 42.8 million were index futures and 36.9 million were index options. Futures on the EURO STOXX 50® Index stood at 34.7 million contracts and 27.7 million on the index options. Futures on the DAX index totaled 3.8 million contracts while the DAX options reached another 4.9 million contracts. The Eurex KOPSI Product recorded approximately 2.7 million contracts, an ADV of more than 121,000 contracts.The equity derivatives (equity options and single stock futures) segment at Eurex Exchange recorded 30.8 million contracts (March 2011: 32.1 million). Thereof, equity options totaled 20.6 million contracts and single stock futures equaled another 10.2 million contracts.Eurex Exchange's interest rate derivatives segment achieved 51.5 million contracts (March 2011: 69.0 million). The Euro-Bund-Future reached 19.4 million contracts, the Euro-Bobl-Future 12.0 million contracts and the Euro-Schatz-Future 12.5 million contracts. The Euro-BTP-Future totaled more than 341,000 contracts and the Short Term Euro-BTP-Future approximately 53,000 contracts.The segment dividend-based derivatives grew 9 percent year-on-year (y-o-y) and recorded approximately 511,000 contracts. Commodity derivatives reached around 87,000 contracts. Volatility derivatives volume jumped to a total of 394,000 contracts, an increase of 166 percent y-o-y.The volume traded on the Power Derivatives Market of European Energy Exchange (EEX) amounted to 81.1 terawatthours (TWh) in March (March 2011: 167.2 TWh). On the EEX Spot and Derivatives Market for natural gas the volume traded amounted to 6.8 TWh (March 2011: 5.6 TWh). A volume of 9.2 million tonnes of CO2 was traded on the Spot and Derivatives Market for Emission Allowances compared with 20.6 million tonnes of CO2 in March 2011.Eurex Repo, which operates Swiss Franc, Euro repo and GC Pooling markets, recorded in all markets in March 2011 an average outstanding volume of 227.8 billion euros (March 2011: 291.7 billion euro). The secured money market GC Pooling recorded an average outstanding volume of 122.1 billion euro, an increase of 24 percent year-on-year (March 2011: 98.7 billion euro). The Euro Repo Market reached an average outstanding volume of 154.8 billion euros in March, an increase of 22 percent y-o-y. The Swiss Franc Repo market achieved 73.0 billion euros.The electronic trading platform Eurex Bonds, which rounds out Eurex's fixed-income product range, traded 11.8 billion euros (single counting) in March, an increase of 17 percent compared to 10.1 billion euros in March 2011. In February 2012, volume was 11.0 billion euros.Statistics March 2012 Eurex Exchange to offer new futures on French government bonds Launch date 16 April 2012 The international derivatives market Eurex Exchange announced today that it will be launching a new interest rate futures based on the notional long-term bonds issued by the French Republic (Obligations Assimilables du Trésor – OAT) on 16 April 2012. The Euro-OAT Futures extends the existing offering of benchmark futures on German government bonds (Euro-Buxl, Euro-Bund, Euro-Bobl and Euro-Schatz Futures) and the short-, medium- and long-term futures on Italian government bonds (Euro-BTP Futures) launched between 2009 and 2011. The interest rate futures on French government bonds represent a significant addition to the range of efficient and effective hedging instruments on the European bond market."With the introduction of this new contract we are responding to the great interest shown among market participants in more customized hedging solutions," said Mehtap Dinc, Head of Product Development, Eurex. "Moreover, the market for French government bonds is likely to benefit from the extended opportunities in basis and repo trading." The new futures contracts are structured similarly to the Euro-Bund Futures, offering participants a suitable hedging instrument, as well as enabling efficient spread trading between the three fixed income futures contracts, on 10-year government bonds. The remaining term of the deliverable OAT bonds will be 8.5 – 10.5 years with a maximum maturity at issue of 17 years. The notional coupon will be six percent and the contract value 100,000 euros. The minimum tick size will be fixed at 0.01 percent (10 euros per tick) – in line with the tick sizes of the Euro-Bund and Euro-BTP Futures. Trading hours will be from 8:00 a.m. to 7:00 p.m. CET. Both buy-side and sell-side firms have indicated significant interest in the new contract. Eurex Exchange will therefore be offering a Designated Market-Making program to provide sufficient liquidity from the outset. Various parties, including Barclays and Morgan Stanley, have already indicated their interest in Market-Making. In late January 2012, Eurex Exchange's Euro-BTP Futures exceeded five million contracts traded since launch. Italian and Spanish clients in particular are active users of BTP derivatives. The majority of trading is in the Long-Term Euro-BTP Futures contracts (FBTP), for which the average daily volume in 2011 was 9,287 contracts, a year-on-year increase of 70 percent. The open interest for the three Euro-BTP Futures combined stands at around 40,000 contracts. EEX offers Eurex participants further trading possibilities in the commodity segment The European Energy Exchange (EEX) and Eurex will extend their existing product cooperation to all commodities offered for trading on the energy exchange. From 3 April, the customers of the Eurex derivatives exchange that are admitted on EEX will also be able to trade and clear the products on the Natural Gas Derivatives Market through their existing infrastructure. This comprises the futures for the GASPOOL and NetConnect Germany (NCG) gas market areas. In addition, all new products on the Derivatives Market for Emission Allowances will also be available for trading from the end of April. Moreover, it is planned that Eurex participants will be able to trade coal futures probably from the middle of the year.The expansion of the cooperation with further commodity products provides new trading opportunities for the Eurex participants in addition to classical financial derivatives and opens the EEX markets to a bigger number of trading participants worldwide. As has been the case so far there will be a simplified admission process on EEX for the Eurex participants. Eurex Exchange participants have been able to trade the emissions products on the EEX Derivatives Market since December 2007. In November 2009, the cooperation was expanded to power derivatives. EEX currently has 221 trading participants from 22 countries. Thereof 29 companies have been admitted in the framework of the EEX/Eurex cooperation.Related linkEEX website SGX and Eurex team up to enhance market access Singapore Exchange (SGX) and Eurex today announced a partnership to deliver convenient market access and cost efficiencies to members of both exchanges. Both companies plan to link their co-location data centers to provide market participants easy connectivity to each other’s markets in Singapore and Frankfurt/Main respectively. As part of this partnership, Eurex will be moving its existing access point in Singapore into the SGX co-location data center. In return, Eurex will act as a network service provider to SGX’s customers in Europe. This initiative is expected to be implemented mid-2012.When the link becomes operational, customers of each exchange can more easily and cost effectively access both markets by connecting their trade-execution systems to either the SGX or Eurex co-location data centers. Trade matching will still be executed at the respective home exchanges.Eurex’s co-location customers in Frankfurt can conveniently participate in Asia’s biggest and most dynamic economies and companies via SGX’s securities and derivatives markets. Similarly, SGX’s co-location customers will be able to access Eurex’s diversified derivatives market if they are Eurex trading members.“Today’s collaboration is part of our Asian strategy and will lower the connectivity costs for our Asian customers while improving our footprint in a growth region,” said Juerg Spillmann, member of the Eurex Executive Board.“We are pleased to partner with Eurex to grow our distribution network. As part of our strategy to reach out to global liquidity pools, this collaboration will offer enhanced market access to SGX, thus further establishing ourselves as the Asian gateway,” said SGX President, Gan Seow Ann. Eurex Repo in cooperation with Clearstream to launch additional GC Pooling segment for corporate firms GC Pooling Select to go live in Q4 2012 - First marketplace for centrally cleared and secured funding for banks and their corporate customers - Full integration of Clearstream’s collateral and liquidity management facilities Eurex Repo, Eurex Clearing and Clearstream, all part of Deutsche Boerse Group, will introduce an extension of the integrated and innovative GC Pooling market for secured funding which will be made available for active GC Pooling participants (banks) to further strengthen their service scope towards corporate customers. Launch is scheduled for Q4 2012. The leading GC Pooling marketplace for secured interbank transactions will be enhanced to contribute to re-building trust between banks and their existing non-financial customers, e.g. corporates, asset managers and pension funds. The new market segment GC Pooling Select will be specifically designed for secured short-term cash investments from non-financial clients to banks to avoid the systemic risks of unsecured money market operations.Eurex Repo’s new market segment aims to support the growing need of non-financial institutions for secured funding by adding the known benefits of GC Pooling, i.e. electronic trade entry, mitigation of counterparty risk via Eurex Clearing’s central counterparty (CCP) and state-of-the-art collateral management of Clearstream Banking. These advantages will be added to the existing GC Pooling structure as the existing relationships between banks and their corporate clients will remain unchanged.Benefits for the current participants of GC Pooling are additional flow without further investments on their side while keeping the positive effects of risk and balance sheet netting. The most important benefits for corporate clients are the mitigation of any counterparty risk, as their cash activities are protected through the inclusion of Eurex Clearing’s CCP. Simultaneously, all cash and collateral management functionalities will be handled within Clearstream’s Liquidity Hub including a seamless integration of the two market segments to ensure an optimized cash and collateral usage. To enter into the new market, very limited efforts are required on the client’s side."Our new GC Pooling Select market segment is designed to enhance the existing market infrastructure. We will preserve the relationships between banks and their non-financial clients but will enable them to benefit from our integrated combination of electronic trading and processing, central clearing and collateral management", said Marcel Naas, Managing Director at Eurex Repo."With this pioneering service concept, the industry will have access to the first electronic "B2C" money market trading facility incorporating a central counterparty without impacting the important relationships between banks and non-financial-institutions. The full integration of all collateral management services offered by Clearstream will lead to further optimized, transparent and consolidated collateral and liquidity management reducing collateral fragmentation and the related risks and costs", added Stefan Lepp, Chief Executive Officer of Clearstream Banking AG, Frankfurt.About Eurex RepoEurex Repo ranks among the leading markets for electronic repo trading and operates five markets in secured funding and financing: The GC Pooling, Euro Repo, Swiss Franc Repo, OTC Spot and SecLend Market. More than 320 participants from ten countries are currently admitted to trading on Eurex Repo’s markets. The Swiss Franc Repo Market was launched in 1999, the Euro Repo Market followed in 2001 and GC Pooling started in 2005. The Euro Repo and GC Pooling markets provide all advantages of electronic trading in combination with the anonymity of the central counterparty Eurex Clearing AG. Eurex Repo is a wholly-owned subsidiary of Eurex Frankfurt AG. Repo trading allows banks to lend/borrow their security holdings in exchange for money and receive or grant liquidity as a result. The ECB and the majority of national European central banks use repo transactions to control money supply.About ClearstreamClearstream is an international securities depository and is responsible for post-trade services within Deutsche Börse Group. With its Global Securities Financing services, Clearstream offers settlement and custodial services along with instruments for collateral management. The service business comprises tri-party repo, securities lending and collateral management. In 2009, monthly outstanding volume for GSF broke the €500 billion mark for the first time. Related linksEurex Repo websiteClearstream website Average daily volume of 8.7 million contracts at Eurex Group in February In February 2012, the international derivatives markets of Eurex Group recorded an average daily volume of 8.7 million contracts (Feb 2011: 10.3 million). Of those, 6.0 million were Eurex Exchange contracts (Feb 2011: 7.1 million), and 2.7 million contracts were at the U.S.-based International Securities Exchange (ISE) (Feb 2011: 3.2 million). In total, 179.3 million contracts were traded, thereof 125.8 million at Eurex and 53.5 million at the ISE. Eurex Exchange recorded in its equity index segment, the largest product segment, approximately 58.3 million contracts compared with 58.4 million contracts in February 2011. Futures on the EURO STOXX 50® Index stood at 21.4 million contracts while 23.9 million options on this index were traded. Futures on the DAX totaled 3.0 million contracts while the DAX options reached another 5.2 million contracts. The Eurex KOSPI product reached 2.6 million contracts, compared to 138,000 contracts year-on-year. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 30.0 million contracts (Feb 2011: 34.4 million). Thereof, equity options totaled 19.8 million contracts and single stock futures equaled 10.2 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: In the first quarter of 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted monthly volume figure in the equity derivatives segment in February 2012 would have been approximately 35.4 million contracts under the previous, old contract specifications. The interest rate derivatives segment of Eurex achieved 36.5 million contracts (Feb 2011: 48.6 million). The Euro-Bund-Future reached 14.6 million contracts, the Euro-Bobl-Future 8.1 million contracts and the Euro-Schatz-Future 7.7 million contracts. The Euro BTP future totaled more than 300,000 contracts, the Short Term Euro-BTP Future more than 38,000 contracts. The Eurex segment dividend-based derivatives totaled approximately 691,000 contracts; single stock dividend derivatives peaked at a new monthly record of around 266,000 contracts. Commodity derivatives reached around 80,000 contracts. Turnover of volatility derivatives grew by 76 percent and achieved 243,000 contracts. Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling markets, recorded 236.4 billion euros average outstanding volume in all repo markets (Feb 2011: 282.3 billion euros). The Euro Repo Market totaled an average outstanding volume of 160.7 billion euros, an increase of 36 percent y-o-y. The secured money market GC Pooling recorded an average outstanding volume of 129.5 billion euros, an increase of 40 percent y-o-y (Feb 2011: 92.6 billion euros). The Swiss Franc Repo market reached 75.7 billion euros. In February, the electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, recorded 11.0 billion euros (single counting), an increase of 36 percent y-o-y (Feb 2011: 8,1 billion euros). In January 2012 the volume was 12.0 billion euros. The volume traded on the Power Derivatives Market of European Energy Exchange (EEX) amounted to 93.9 Terawatthours (TWh) in February 2012 (Feb 2011: 91.0 TWh). On the EEX Spot and Derivatives Market for natural gas the volume traded amounted to 8.9 TWh (Feb 2011: 4.1 TWh). In February, a volume of 7.3 million tonnes of CO2 was traded on the Spot and Derivatives Market for Emission Allowances compared with 12.9 million tonnes of CO2 in February 2011.Statistics February 2012 Eurex Exchange to expand dividend derivatives segment Ten new contracts to be listed on 2 March 2012 The international derivatives market Eurex Exchange is further expanding its successful dividend derivatives segment by launching a total of ten new dividend futures on 2 March 2012. These new futures are based on dividends from selected sector indices; out of the EURO STOXX sector and STOXX Europe 600 sector indices the sectors banking, insurance, oil & gas, telecommunications and utilities will be covered. Consultation revealed the greatest demand among market participants for these dividend sector indices. The product specifications of the new futures are similar to the products already listed. The contracts are settled in cash and denominated in euro, trading hours are from 8.30 a.m. – 5.30 p.m. CET. A market making incentive scheme will be offered in order to provide a liquid order book from the start. To offer an attractive alternative to the swap-based trading, Eurex offers central clearing for bilateral trading in the new products every trading day via Eurex Exchange's "block trading" OTC trade entry facility. The minimum transaction size is one contract. The first products in the dividend-based derivatives segment were launched in June 2008. In 2011, more than 23,000 contracts were traded on average each day, equating to six million contracts in total. In January 2012, average daily volume further increased to 26,000 contracts. Open interest currently stands at almost 2.0 million contracts, which is equal to a nominal dividend amount of around 13 billion euros. Eurex to introduce derivatives on Russian blue chip index RDX USD Cooperation with the Vienna Stock Exchange/ Launch on 19 March 2012 Eurex Exchange, the international derivatives market, will introduce futures and options contracts on the RDX® USD equity index on 19 March 2012. The new RDX USD derivatives will be based on the Vienna Stock Exchange's RDX USD Index, which tracks the price performance of the most liquid depositary receipts (DRs) on Russian shares listed on the London Stock Exchange. The RDX USD Index currently comprises 15 securities.Eurex Exchange has concluded a license agreement with the Vienna Stock Exchange for the introduction of the new derivatives. The RDX USD is one of the best known Russian indices in the world and has been calculated since 1997. More than 130 international institutions currently offer financial products based on this index, primarily in the over-the-counter area."Our highly liquid platform now also offers our global customers listed hedging instruments based on this index, which is mainly used in the off-exchange market," explained Steffen Köhler, Head of Product Development, Eurex. "We also aim to increase the attractiveness of our RDX USD derivatives by offering participants our Flexible Contracts facilities for these products."The new RDX USD futures and options contract will be settled in cash. Quarterly expiration dates will be offered for the RDX USD index futures with a maximum maturity of twelve months, up to 60 months for the index options. The futures will be tradable between 8 a.m. and 10 p.m. CET, the options between 9:15 a.m. and 4:30 p.m. CET. In order to be able to provide sufficient liquidity in the order book quickly, Eurex Exchange will be offering a market-making incentive program. Expansion of the German equity option product suite The international derivatives market Eurex Exchange introduced new equity options on 17 shares last Friday, 10 February 2012. 14 of the new options are based on shares which belong to the German mid-cap index MDAX®. This latest offering completes Eurex’s lineup of equity options on MDAX companies. In a further move, an additional 17 equity options based on individual shares in the TecDAX® index will be introduced on 24 February. This expansion will allow Eurex Exchange to offer equity options on all constituents of the German blue-chip indices DAX®, MDAX and TecDAX for the first time. All of the newly listed derivatives are American-style options with a contract size of 100 shares. The minimum tick size is €0.01. Maturities of up to 60 months are available and consistent with all other German equity options. Trading hours are from 8:51 – 5:31 p.m. CET. In order to facilitate order book trading, market makers will continuously quote prices in the order book. In addition, bilateral trading is also possible for the new products until 7:00 p.m. CET every trading day via Eurex Exchange's OTC trade entry facility. The minimum transaction size is one contract per trade. Eurex to introduce new trading system in Q4 2012 Phased migration approach/ Customers to benefit from minimized latency, maximized throughput and greater flexibility Eurex announced today its plan to launch a completely new trading system. Subject to the required legal approvals, first roll-out is currently scheduled for December 2012, followed by a migration phase, where products will be moved in a stepwise approach from the current to the new trading system. It will be developed internally and based on Deutsche Börse Group’s proprietary global trading architecture, which is already in use at the International Securities Exchange (ISE). Participants of Eurex will benefit from state-of-the-art technology which is built on the four pillars performance, efficiency, capacity, and reliability. The new technology will meet user needs by minimizing latency, maximizing throughput and allowing for greater flexibility while maintaining high standards of reliability. With the new trading system, Eurex will cease to use the currently used MISS infrastructure and VALUES API interface. "Technology is a very important differentiator in today’s competitive global market environment. With the move to the new system, we again deliver a best-in-class solution to our exchange participants. They will get more choice and greater performance, and the reliability they can expect from Eurex", said Jürg Spillmann, Deputy CEO Eurex and responsible for IT and Operations. "The complete overhaul of our trading architecture is a decisive element of our vision to operate markets globally around-the-clock." The new technology will include a highly flexible operating system, an internal high performance messaging architecture for minimum latency, high speed communications and reliable database systems. In the future, time-to-market for introducing new products and features will be significantly reduced. And, new tools for further strategy and spread trading will also be delivered. Furthermore, new interfaces will be provided for exchange participants, replacing or extending the existing ones. These new interfaces will be based upon industry standards such as FIX and FAST facilitating a faster implementation by participants. In addition, Eurex strives to ensure a high degree of backward compatibility for the new interfaces allowing participants to leave their trading applications unchanged in future releases of the new trading system. Average daily volume of 8.2 million contracts at Eurex Group in January In January 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.2 million contracts (Jan 2011: 10.4 million). Of those, 5.5 million were Eurex Exchange contracts (Jan 2011: 7.1 million), and 2.7 million contracts were at the U.S.-based International Securities Exchange (ISE) (Jan 2011: 3.3 million). In total, 174.1 million contracts were traded, thereof 120.3 million at Eurex and 53.8 million at the ISE. Eurex Exchange grew slightly in its equity index segment, the largest product segment, to 59.8 million contracts compared with 59.2 million contracts in January 2011. Futures on the EURO STOXX 50® Index stood at 21.1 million contracts while 24.9 million options were traded on this index. Futures on the DAX totaled 3.0 million contracts while the DAX options reached another 4.7 million contracts. The Eurex KOSPI product reached 3.0 million contracts, compared to 176,000 contracts in January 2011. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 26.3 million contracts (January 2011: 40.9 million). Thereof, equity options totaled 20.8 million contracts and single stock futures equaled 5.5 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: In the first quarter of 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted monthly volume figure in the equity derivatives segment in January 2012 would have been approximately 31 million contracts under the previous, old contract specifications. The interest rate derivatives segment achieved 33.3 million contracts (Jan 2011: 47.9 million). The Euro-Bund-Future reached 12.8 million contracts in January, the Euro-Bobl-Future 7.0 million contracts and the Euro-Schatz-Future 7.3 million contracts. The Euro BTP future totaled more than 222,000 contracts. The Eurex segment dividend-based derivatives totaled approximately 571,000 contracts; single stock dividend derivatives peaked at a new monthly record of around 193,000 contracts. Commodity derivatives reached around 92,000 contracts. Volatility derivatives achieved about 270,000 contracts. Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling markets, recorded 238.2 billion euros average outstanding volume in all repo markets (January 2011: 268.0 billion euros). The Euro Repo Market totaled an average outstanding volume of 156.5 billion euros in November, an increase of 37 percent y-o-y. The secured money market GC Pooling recorded an average outstanding volume of 121.4 billion euros, an increase of 37 percent y-o-y (January 2011: 88.8 billion euros). The Swiss Franc Repo market reached 81.7 billion euros. The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded 12.0 billion euros (single counting) in January 2012 (Jan 2011: 14.6 billion euros). January volume is 44 percent higher than in the previous month December 2011. The volume traded on the Power Derivatives Market of European Energy Exchange (EEX) amounted to 105.2 tera watt hours (TWh) in January 2012 (January 2011: 94.5 TWh). On the EEX Spot and Derivatives Market for natural gas, the volume traded amounted to 7.0 TWh (January 2011: 2.3 TWh). In January, a volume of 7.4 million tons of CO2 was traded on the Spot and Derivatives Market for CO2 Emission Allowances compared with 14.0 million tons of CO2 in January 2011.Statistics January 2012 Eurex and IFM announce joint educational initiative IFM to deliver its best-in-class derivatives education for Eurex training purposes/ Eurex webinar series to target traders and investors in English and Portuguese languages Eurex Group and the Institute for Financial Markets (IFM) announced today that they have teamed up to offer a joint educational initiative. Both partners aim to bring IFM’s best-in-class derivatives education to Eurex Exchange members and potential clients as well as the general industry. One joint initiative will be the first-time offering of IFM’s well-respected courses in the form of webinars in English. A large subset of the webinars also will be available in Brazilian Portuguese. Members of the brokerage community will be involved to further extend customer outreach.The featured speaker in the 2012 webinars will be industry expert Kevin Baldwin, the IFM’s Director of Education. Baldwin has over 20 years of experience in the financial industry and has taught extensively around the globe.John Damgard, IFM Trustee and Futures Industry Association President, welcomed the opportunity to expand the IFM’s international audience: "The high standard of futures and options education that the IFM delivers will enhance Eurex’s educational offering. We are excited about the opportunity to translate our already popular in-person seminars to the webinar space and explore topics with a European focus. Together, Eurex and IFM will be able to expand our reach internationally and in important emerging markets."Michael Peters, member of the Eurex Executive Board, stressed: "Our joint initiative will provide neutral, informative education on complex derivatives topics in the areas of trading and clearing utilizing the efficient webinar channel. By offering training courses in Portuguese, we aim to promote Eurex in the Brazilian financial community."About the IFMEstablished in 1989, the Institute is a non-profit educational foundation. Its mission is to increase the technical competence of those in the global financial markets and the financial services industry through research, educational publications and industry services. The IFM is an affiliate of the Futures Industry Association (FIA), but operates autonomously as an independent foundation.As a non-profit organization, the IFM funds its activities from two principal sources: the sale of its products and services and the generous support of a broad range of financial institutions, exchanges, brokerage firms and other participants from a variety of market sectors. All proceeds from IFM training and consulting activities and sales of educational materials, after expenses, are returned to the financial services industry via the development of new materials and programs.Related linksFIA - Futures Industry AssociationIFM - Institute for Financial Markets Milestone for BTP futures reached with five million traded contracts On 24 January 2012, the international derivatives market Eurex Exchange exceeded five million contracts traded in the BTP derivatives segment since trading began in September 2009. The segment comprises three futures based on notional short-, medium- and long-term bonds issued by the Republic of Italy (Buoni del Tesoro Poliennali – BTP). "The extensive use of BTP futures is primarily due to the hedging motives of participants. Uncertainty regarding the development of the euro zone in light of the debt incurred by certain member countries caused a significant increase in volatility on the bond markets in 2011. The yield spread also widened between German bunds (AAA rating) and government bonds with lower ratings. This led to increased demand for hedging among market participants in this segment," explained Steffen Köhler, Eurex, Head of Product Development. Especially Italian and Spanish clients are active users of BTP derivatives. Other institutional investors (asset managers) that hold European bond portfolios and hedge them using a combination of German and Italian futures on government bonds (among other methods), are also above-average traders of such interest rate derivatives. The majority of the 5 million contracts, i.e. 4.3 million, were Long-Term Euro-BTP Futures contracts (FBTP), for which the average daily volume in 2011 was 9,287 contracts, a year-on-year increase of 70 percent. A further 0.7 million Short-Term Euro-BTP Futures (FBTS) contracts have been traded since their introduction in October 2010. The daily average for 2011 was 2,239 contracts (2010: 512). Around 11,000 Mid-Term Euro-BTP Futures (FBTM) contracts have been traded since their launch in September 2011. The FBTP set a new daily record outside the rollover period of 28,620 contracts traded on 11 October 2011. Total trading volume at Eurex Group at 2.8 billion contracts in 2011 Average daily volume in 2011 approximately 11.1 million contracts – increase of 7 percent/ Eurex KOSPI Product with highest growth rate/ Eurex Repo with significant increase in 2011 The international derivatives markets of Eurex Group ended 2011 with a turnover of approximately 2.8 billion contracts, compared with 2.64 billion in 2010. The total volume for 2011 splits into 2.04 billion contracts traded at Eurex Exchange (2010: 1.9 billion) and 778.1 million contracts traded at the International Securities Exchange (ISE) (2010: 745.2 million). This corresponds to a daily average trading volume of 11.1 million contracts (2010: 10.4 million), thereof 8.0 million contracts at Eurex Exchange and 3.1 million contracts at ISE. At Eurex Exchange, the equity index derivatives segment was the largest in 2011 with a total volume of 954.7 million contracts (2010: 805.1 million). Derivatives on the EURO STOXX 50® index were the largest single product with 408.9 million futures and 369.2 million options. The equity derivatives segment (options and single stock futures) saw 449.6 million contracts (2010: 511.1 million). In 2011, the interest rate derivatives segment reached a total of 630.4 million contracts (2010: 574.8 million). The Eurex KOSPI Product recorded the strongest growth year-on-year; volume soared to 17.4 million contracts after 166,000 contracts in 2010. Dividend derivatives grew by 32 percent and totaled 6.0 million contracts. Statistics for December 2011In December 2011, the Eurex Group derivatives markets reached an average daily volume of 8.2 million contracts with 5.9 million contracts traded at Eurex (Dec 2010: 5.8 million) and 2.3 million contracts traded at the ISE (Dec 2010: 2.5 million). A total of 171.9 million contracts were traded on both exchanges in December 2011 with 124.1 million at Eurex Exchange and 47.8 million contracts at ISE. At Eurex Exchange, equity index derivatives recorded the highest turnover among all product segments with 67.4 million contracts (Dec 2010: 56.1 million). The top equity index derivative was the future on the EURO STOXX 50 index with 29.5 million contracts, and 23.1 million options on this index were also traded. A total of 23.6 million contracts were traded in the equity derivatives segment, compared with 25.6 million in Dec 2010. Within this segment, equity options traded 16.5 million contracts and single stock futures another 7.1 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: In the first quarter of 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted monthly volume figure in the equity derivatives segment in December 2011 would have been approximately 29 million contracts under the previous, old contract specifications. A total of 32.6 million contracts were traded in the interest rate derivatives segment in December 2011, compared with 39.6 million in the same period last year. The Eurex segment dividend-based derivatives totaled approximately 331,000 contracts. Commodity derivatives reached around 59,000 contracts. Volatility derivatives achieved about 170,000 contracts. Statistics for Eurex Repo and Eurex BondsEurex Repo, which operates CHF Repo, Euro Repo and GC Pooling markets, continued to grow in 2011. The secured money market GC Pooling hit a new record with an average outstanding volume of 118.2 billion euros, an increase of 29 percent y-o-y; the Euro Repo market totaled at the new peak of 148.5 billion euros, an increase of 30 percent. In December 2011, the GC Pooling market grew 27 percent y-o-y and reached 140.4 billion euros; and the Euro Repo market recorded an outstanding volume of 174.7 billion euros, an increase of 31 percent. The electronic trading platform Eurex Bonds, which rounds out Eurex's fixed-income product range, traded 8.3 billion euros (single counting) in December 2011 compared to 6.8 billion euros in December 2010. In 2011, Eurex Bonds' trading volumes grew by 15 percent and totaled 117.2 billion euros (single counting), compared with 101.6 billion euros in 2010.Statistics December 2011 Average daily volume of 10.0 million contracts at Eurex Group in November Eurex KOSPI Product with new monthly record volume In November 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume (ADV) of 10.0 million contracts (November 2010: 10.2 million). Of those, 7.2 million were Eurex Exchange contracts (November 2010: 7.2 million), and 2.8 million contracts (November 2010: 3.0 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 159.1 million contracts were traded at Eurex Exchange and 59.8 million at ISE. At Eurex Exchange, equity index derivatives – the largest segment – recorded 85.1 million contracts (November 2010: 71.2 million), an increase of approximately 20 percent y-o-y. Futures on the EURO STOXX 50 Index totaled 31.7 million contracts. The option on this blue chip index totaled 35.0 million contracts. Futures on the DAX index recorded 4.2 million contracts. The DAX options reached another 6.5 million contracts. The Eurex KOSPI Product recorded 4.2 million contracts, an ADV of 190,000 contracts – a new monthly record since its launch. On 9 November, a new daily peak was achieved with 387,935 contracts. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 26.9 million contracts (November 2010: 33.9 million). Thereof, equity options totaled 20.6 million contracts and single stock futures equaled 6.3 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: In the first quarter of 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted monthly volume figure in the equity derivatives segment in November would have been approximately 32.2 million contracts under the previous, old contract specifications. Eurex Exchange's interest rate derivatives segment totaled 46.2 million contracts (November 2010: 53.2 million). The Euro-Bund-Future reached 17.7 million contracts, the Euro-Bobl-Future 9.9 million contracts and the Euro-Schatz-Future 10.8 million contracts. The Euro-BTP-Future totaled more than 293,000 contracts. The Eurex segment dividend-based derivatives totaled approximately 606,000 contracts; single stock dividend derivatives peaked at a new monthly record of around 153,000 contracts. Commodity derivatives reached around 49,000 contracts. Volatility derivatives achieved about 210,000 contracts. Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling markets, recorded 268.7 billion euros average outstanding volume in all repo markets (November 2010: 278.8 billion euros). The Euro Repo Market totaled an average outstanding volume of 181.4 billion euros in November, an increase of 47 percent y-o-y. The secured money market GC Pooling recorded an average outstanding volume of 148.2 billion euros, an increase of 48 percent y-o-y (November 2010: 100.1 billion euros). The Swiss Franc Repo market reached 87.3 billion euros. The electronic trading platform Eurex Bonds, which rounds out Eurex's fixed-income product range, traded 13.7 billion euros (single counting) in November, an increase of 33 percent y-o-y (November 2010: 10.3 billion euros) and of 59 percent compared with the previous month.Statistics November 2011 New partnerships in Taiwan Extension of Eurex’s Training & Education Initiative in Asia/ Agreements signed with National Taiwan University and Securities & Futures Institute The international derivatives exchange Eurex announced that it has signed co-operation agreements with two well-known and highly respected partners in Taiwan, the National Taiwan University (NTU) and the Securities & Futures Institute (SFI). The co-operation with NTU foresees joint training and education efforts for Taiwanese students and market participants. Eurex will provide substantial funding for the setup of a professional trading laboratory at NTU including the provision of market data. Additionally, the exchange will offer internships in its headquarter in Frankfurt/Main to selected students of NTU. The co-operation with SFI is dedicated to jointly offer capital market training courses and aims to contribute to the development of the regional futures markets. The partnerships shall support the further internationalization of the Taiwanese financial market and build up a solid base of financial experts in Greater China. Dr. Shing-yang Hu, Director, Department of Finance, NTU said, "The importance of Asian markets continues to grow and is driven by the development in Greater China. NTU has entered into this co-operation in order to intensify its efforts to combine practical experiences and academic research and study." Chen Wei Long, President of SFI, commented, "Eurex Group's reputation as one of the leading global derivatives exchanges and clearing houses and its state-of-the-art expertise in terms of trading as well as risk management will make it an important partner for the further development of our future market." "We share the vision of NTU and SFI to promote the internationalization of academic education in financial markets in Taiwan. I am looking forward to welcome the Taiwanese students in in our headquarter", added Michael Peters, member of the Eurex Executive Board. Since last week, Eurex together with an Asian partner is also offering a web-based broadcast service specifically designed for traders in Asia. In the "Eurex Broadcast", an experienced Eurex trader comments on the current market developments in Europe twice a day before European and US markets open. Further information:Both co-operations are an important element of Eurex's Training & Education Initiative in Asia. With this initiative, the Eurex Group aims to improve the knowledge and expertise of Asia-based investors about the European markets and products as well as to introduce popular and widely used products, trading strategies and trends. It was launched in August 2010 starting in Taiwan and then being extended to also include Hong Kong, China, Singapore, Japan, India, Australia and Malaysia. Over 1,400 students and industry professionals have already joined the sessions held by experts from trading companies, academic lecturers from universities and dedicated Eurex staff. The Training & Education Initiative complements Eurex's "Trader Development Program". The extension of the program is designed to further support trading development in this region. This development program is aimed at traders who have not been active on Eurex before but want to expand their proprietary trading activities in Eurex products.Related linksNational Taiwan UniversitySecurities & Futures InstituteEurexgroup Eurex successfully implemented software upgrade Eurex clients to benefit from a significant reduction in programming complexity thanks to new connectivity options based on the industry standards FIX and FIXML Eurex Group launched yesterday its latest software release. Eurex Release 14.0 provides members with greater choice and enhanced flexibility in how they connect to the Eurex network through new interfaces, further clearing and risk management improvements as well as performance optimization.The completely new developed three interfaces – Eurex Market Data, Eurex FIX Gateway and FIXML Clearing API – are based on the industry standards FIX and FIXML. They are geared towards non latency-sensitive trading members and clearing members alike as they complement our high-speed interfaces. The interfaces provide a number of benefits, namely increased customization, hardware independence, and flexibility. With this switch, in Release 14 Eurex Group lays the groundwork for a medium-term decommissioning of the VALUES API/MISS infrastructure for trading and clearing.-- The Eurex Market Data Interface disseminates price level aggregated and netted depth data in multicast format. The benefits are lower granularity and lower bandwidth requirements. It utilizes the FIX Adapted Streaming protocol (FAST) and the same content as the market data content via VALUES API.-- The new standard FIX Gateway interface supports FIX versions 4.2 and 4.4.-- The launch of the FIXML Clearing API reduces the costs associated with accessing Eurex Clearing, while simultaneously offering members greater flexibility and standardization in terms of technology. The new API uses the industry standard FIXML programming language. It is easy to integrate into members' existing IT infrastructures and requires no special programming efforts.In terms of risk management, as of now, members can also set pre-trade risk limits in product currency for bilaterally agreed trades, i.e. Eurex’s Advanced Risk Protection is also applicable to EurexOTC Trade Entry service. Until now, limits for this trade entry service were available in the form of maximal number of contracts only.Based on the actual margin parameter/current underlying price and the contract size, a risk calculation is made for the respective off-exchange transaction. This amount will be checked against another risk amount maintained as initially inserted into the system. The transaction is accepted if the risk amount maintained for the respective trader/counterparty/product is greater than or equal to the calculated amount of the entered transaction.On the clearing side, the new software release introduces a number of operational enhancements designed to improve collateral handling as well as enhance the give-up procedure.Eurex Release 14.0 is a key milestone in the Eurex Technology Roadmap. Launched in early 2006, the roadmap bundles a variety of components for system optimization: software and hardware upgrades, launches of new offers and services, and the distribution of new, customizable data packages. Default processing of clearing member MF Global UK Limited completed Safety measures of the clearinghouse proved to be effective/ Closing of open positions finalized/ Clearing Fund has not been utilized Eurex Clearing, Europe’s leading clearing house, has successfully wound down its clearing member MF Global UK Limited (MF Global). MF Global had entered Special Administration Regime on Monday evening, 31 October 2011, as confirmed by the responsible UK regulatory body, the Financial Services Authority (FSA). According to its clearing conditions, Eurex Clearing terminated the clearing agreement with MF Global on 1 November 2011. The termination triggered the liquidation of corresponding positions at Eurex Clearing by way of market transactions; the exposure was at all times fully covered by collateral placed by MF Global. At no time there was a need to draw on the Clearing Fund. ”The implemented safeguards of Eurex Clearing have again proven to be effective, and underline our high standards in risk management. In this critical situation, Eurex Clearing directly mitigated counterparty risks, thus contributing to the integrity and stability of markets”, said Thomas Book, member of the Eurex Executive Board, responsible for clearing. MF Global was licensed as a Clearing Member for the markets Eurex Exchange, Eurex Repo, European Energy Exchange, Xetra and Irish Stock Exchange. Average daily volume of 10.7 million contracts at Eurex Group in October Eurex Repo: GC Pooling and Euro Repo market with new records In October 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.7 million contracts (October 2010: 9.2 million). Of those, 7.3 million were Eurex Exchange contracts (October 2010: 6.3 million), and 3.4 million contracts (October 2010: 2.9 million) were traded at the U.S.-based International Securities Exchange (ISE). The growth of 17 percent y-o-y is due to stronger hedging need of market participants driven by uncertainty resulting from the European sovereign debt crisis, which led to an increasing use of exchange-traded and centrally cleared derivatives in the current market environment. In total, 153.9 million contracts were traded at Eurex Exchange and 72.1 million at ISE. At Eurex Exchange, equity index derivatives as the largest segment recorded 82.3 million contracts (October 2010: 57.7 million), an increase of 43 percent y-o-y. The future on the EURO STOXX 50 Index totaled 31.3 million contracts, its best monthly result year-to-date. The option on this blue chip index totaled 36.4 million contracts. Futures on the DAX index recorded 3.8 million contracts. The DAX options reached another 5.3 million contracts. The Eurex KOSPI product recorded 2.4 million contracts, an ADV of nearly 120,000 contracts – a new monthly record since product launch. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 24.7 million contracts (October 2010: 28.0 million). Thereof, equity options totaled 21.6 million contracts and single stock futures equaled 3.1 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: In Q1/2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted figure of monthly volume in the equity derivatives segment in October would have been approximately close to 28.0 million contracts based on an extrapolation. Eurex Exchange's interest rate derivatives segment totaled 46.0 million contracts (October2010: 45.7 million). The Euro-Bund-Future reached 18.4 million contracts, the Euro-Bobl-Future 9.3 million contracts and the Euro-Schatz-Future 11.0 million contracts. The Euro-BTP-Future totaled more than 144,000 contracts and the Short Term Euro-BTP-Future nearly 26,600 contracts. The Eurex segment dividend-based derivatives increased by 84 percent y-o-y and totaled approximately 706,000 contracts. Volatility derivatives achieved 259,000 contracts, four times higher compared to October 2010. Eurex Repo, which operates Swiss Franc, Euro Repo and GC Pooling markets, achieved new records in the Euro Repo and GC Pooling market. The Euro Repo market totaled an average outstanding volume of 183.4 billion euros in October, an increase of 54 percent y-o-y. The secured money market GC Pooling recorded a new monthly peak with an average outstanding volume of 150.2 billion euros, an increase of 61 percent y-o-y (October 2010: 93.0 billion euros). The Swiss Franc Repo market reached 82.8 billion euros. All Eurex Repo markets recorded 266.2 billion euros average outstanding volume (October 2010: 266.6 billion euros). The electronic trading platform Eurex Bonds, which rounds out Eurex's fixed-income product range, traded 8.6 billion euros (single counting) in October, an increase of 39 percent y-o-y (October 2010: 6.2 billion euros). In September 2011, volume was 7.8 billion euros.Statistics October 2011 Eurex completes migration to new data centre Matching engine successfully migrated The international derivatives exchange Eurex has completed the re-location of its active matching engines into a new single data centre. With this step, Eurex achieved a further milestone of its technology roadmap. The active Eurex trading and clearing infrastructure is now located in the International Business Exchange (IBX) data centre of the international IT company Equinix Inc., a global provider of data centre services. Eurex and Equinix have already been offering the co-location solution Proximity Services since 2006. As part of the migration, Eurex upgraded and replaced all of the matching engines with the latest high-performance hardware. As consequence, all Eurex members benefit from an increased throughput of the Eurex system. Since Deutsche Börse had already moved the Xetra cash market in July 2011 the migration of the Eurex system enables Deutsche Börse Group to offer its clients co-location services for derivatives and cash markets from a single location. Clients also benefit from the fact that as one of the largest global providers of data centre services, Equinix bundles a large number of exchange-related service providers, including data vendors, under one roof. Moreover, through the linkage of many telecommunication providers, Eurex participants can choose the access to the Equinix data centre that is the most cost-effective for them. First Maltese bank becomes a participant of Eurex Repo Mediterranean Bank joins Euro Repo and GC Pooling markets Eurex Repo, the leading marketplace for international, electronic repo trading and secured funding, today announced its further expansion in Europe. The newest member is the Mediterranean Bank domiciled in Malta, which has made first trades in the Euro Repo and the GC Pooling markets. With this new customer, the total number of Euro Repo participants has risen to 88, thereof 75 use the GC Pooling market. Eurex Repo members are based in twelve countries, among them Germany, France, Great Britain, Netherlands, Spain, and – since this week – in Malta. "We welcome Mediterranean Bank and we are pleased that this Maltese bank recognizes the advantages of our business model comprising anonymous electronic trading, central clearing and efficient collateral management via Clearstream", said Marcel Naas, Managing Director of Eurex Repo. "The option to gain liquidity in and out of the market in an anonymous and efficient way is especially important in turbulent market conditions." "Mediterranean Bank is proud to become the first Maltese participant of Eurex Repo. This leading pan-European marketplace will enable the bank to continue to develop and diversify its funding sources in conjunction with its growth in both the consumer and corporate market here in Malta", said Mark Watson, CEO of Mediterranean Bank. The volumes in the secured money market GC Pooling and the Euro Repo market reached new record levels on 27 September 2011. GC Pooling achieved 164.4 billion euros average outstanding volume, whereas the Euro Repo market totaled 199 billion euros. The annual growth rate (CAGR) of GC Pooling has been at 78 percent since its launch in 2005. In the context of the GC Pooling services, Mediterranean Bank is going to use Clearstream for settlement, custody and collateral management services through its account at the international central securities depository in Luxembourg. Average daily volume of 12.4 million contracts at Eurex Group in September Eurex Exchange: equity index derivatives with highest growth y-o-y/ Eurex Repo: GC Pooling with new all-time high In September 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 12.4 million contracts (Sep 2010: 9.9 million). Of those, 9.1 million were Eurex Exchange contracts (Sep 2010: 7.3 million), and 3.3 million contracts (Sep 2010: 2.6 million) were traded at the U.S.-based International Securities Exchange (ISE). The growth of 25 percent y-o-y is due to the stronger hedging needs of market participants driven by uncertainty resulting from the European sovereign debt crisis, which led to an increasing use of exchange-traded and centrally cleared derivatives in the current market environment. In total, 201.1 million contracts were traded at Eurex Exchange and 68.8 million at ISE. At Eurex Exchange, equity index derivatives as the largest segment recorded 112.6 million contracts (Sep 2010: 69.4 million), an increase of 62 percent y-o-y and the second-best month in 2011. The future on the EURO STOXX 50 Index totaled 51.0 million contracts, its best monthly result year-to-date. The option on this blue chip index totaled 41.3 million contracts. Futures on the DAX index recorded 5.5 million contracts, also a monthly record in 2011. The DAX options reached another 6.5 million contracts. The Eurex KOSPI Product achieved its second-best monthly result with 2.2 million contracts, an ADV of 101,000 contracts. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 27.1 million contracts (Sep 2010: 30.0 million). Thereof, equity options totaled 21.8 million contracts and single stock futures equaled 5.3 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: In Q1/2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted figure of monthly volume in the equity derivatives segment in August would have been approximately close to 32 million contracts based on an extrapolation. Eurex Exchange's interest rate derivatives segment totaled 60.2 million contracts (Sep 2010: 61.7 million). The Euro-Bund-Future reached 23.5 million contracts, the Euro-Bobl-Future 13.0 million contracts and the Euro-Schatz-Future 15.8 million contracts. The Euro-BTP-Future totaled more than 250,000 contracts and the Short Term Euro-BTP-Future 48,500 contracts. The Eurex segment dividend-based derivatives more than doubled y-o-y and totaled 774,000 contracts. Volatility derivatives achieved 250,000 contracts. Eurex Repo, which operates CHF, EUR repo and GC Pooling markets, achieved new records in the EUR Repo and GC Pooling market. The EUR Repo Market totaled an average outstanding volume of 179.4 billion euros in August, an increase of 47 percent y-o-y. The secured money market GC Pooling recorded a new monthly peak with an average outstanding volume of 145.4 billion euros, an increase of 50 percent y-o-y (Aug 2010: 97.1 billion euros). The CHF Repo market reached 76.3 billion euros. All Eurex Repo markets recorded 255.7 billion euros average outstanding volume (Sep 2010: 274.1 billion euros). The electronic trading platform Eurex Bonds, which rounds out Eurex's fixed-income product range, traded 7.8 billion euros (single counting) in September, an increase of 7 percent y-o-y (Sep 2010: 7.2 billion euros). In August 2011, volume was 9.1 billion euros. Statistics September 2011 First Portuguese bank becomes a member of Eurex Repo Banco de Investimento Global joins Euro Repo and GC Pooling markets Eurex Repo, the leading marketplace for international, electronic repo trading and secured funding, today announced its further expansion in Europe. Banco de Investimento Global is its first Portuguese member. The bank has entered its first transactions via the Euro Repo and the GC Pooling markets. With this new customer, the total number of Euro Repo participants has risen to 87, thereof 74 use the GC Pooling market. Eurex Repo members are based in eleven countries, among them Germany, France, Great Britain, Netherlands, Spain, and – since this week – in Portugal. "We welcome Banco de Investimento Global, and we are pleased that this Portuguese bank recognizes the advantages of our business model, which comprises anonymous electronic trading, central clearing and efficient collateral management via Clearstream", said Marcel Naas, Managing Director of Eurex Repo. "The option to gain liquidity in and out of the market in an efficient way is especially important in turbulent market conditions." "After a thorough vetting process, we are very pleased to become the first member of Eurex Repo from Portugal", said Carlos A. Rodrigues, Chairman and CEO of Banco de Investimento Global. He added that, "We expect that our direct membership will help us manage risks while adding efficiency and flexibility to our business model and look forward to working with Eurex Repo." The volumes in the secured money market GC Pooling and the Euro Repo market reached new record levels on 27 September 2011. GC Pooling achieved 164.4 billion euros average outstanding volume, whereas the Euro Repo market totaled 199 billion euros. The annual growth rate (CAGR) of GC Pooling has been at 78 percent since its launch in 2005. Eurex/KRX KOSPI 200 cooperation achieves milestone on its first anniversary KRX and Eurex look back at a successful first year of trading Eurex and KRX announced impressive figures about the volume development and the tight spreads of the Eurex KOSPI Product over the last twelve months at a joint press briefing in Seoul today. Since launch on 30 August 2010, the Eurex KOSPI Product has steadily increased its daily average volume – peaking at a record level of 108,000 contracts in August 2011 – the first month with ADV above 100,000 contracts. Additionally, a daily record was achieved on 4 August 2011 with 207,953 contracts. Bid-ask spreads for the Eurex KOSPI Product have become very narrow due to the liquidity provision of two market makers. Volumes are expected to rise further as KRX and Eurex continue to develop the after-hours market for the world’s most widely traded derivatives contract. The number of active end-customers as well as participating Eurex and KRX members continues to expand. At the launch, 12 KRX and Eurex members were able to trade the Eurex KOSPI Product, today the number has increased to 21. There are 9 additional KRX and Eurex members who are currently preparing to participate in the Eurex/KRX Link. "Our Eurex KOSPI Product has successfully established itself in the market within one year, exceeding our initial expectations," said Michael Peters, Eurex Executive Board member. "This is due to our close partnership with the Korea Exchange, our joint customer consultation and the innovative offering we have jointly created. Our participants do not only trade via the order book but also use our block trading functionality, which allows members to place OTC transactions directly and efficiently into the Eurex clearing system." Jin-Gyu Kim, KRX president & COO said: "The Eurex KOSPI Product has become an efficient risk management tool for global investors participating in the Korean market. As a result, this innovative product is seen as one of the most successful offerings introduced in the framework of exchange and clearing house cooperations. KRX will continue to improve the market quantitatively as well as qualitatively". The Eurex KOSPI Product is a daily futures contract based on the KOSPI 200 options available on the Korea Exchange. The futures contracts expire at the end of each trading day and any open positions are transferred to KRX to establish a position in the KOSPI 200 option. This product cooperation between Eurex and KRX enables market participants to trade KOSPI 200 options during European and North American trading hours.Volume Development Average daily volume of 13.2 million contracts at Eurex Group in August High market volatility leads to increase in August volumes at Eurex Exchange and ISE/Eurex Exchange: KOSPI Product with new record volumes/Eurex Repo: GC Pooling with new all-time high In August 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 13.2 million contracts (Aug. 2010: 7.8 million). Of those, 9.1 million were Eurex Exchange contracts (Aug. 2010: 5.4 million), and 4.1 million contracts (Aug 2010: 2.4 million) were traded at the U.S.-based International Securities Exchange (ISE). The massive growth of 69 percent y-o-y is due to the increasing use of exchange-traded and centrally cleared derivatives in the current market environment, which was driven by high volatility and uncertainty resulting from the European sovereign debt crisis. In total, 210.0 million contracts were traded at Eurex Exchange and 94.8 million at ISE. At Eurex Exchange, the equity index derivatives segment grew by 122 percent and totaled 123.5 million contracts (Aug. 2010: 55.5 million). The future on the EURO STOXX 50 Index totaled 50.7 million contracts. The option on this blue chip index totaled 52.1 million contracts. Futures on the DAX index recorded 5.3 million contracts while the DAX options reached another 8.2 million contracts. The Eurex KOSPI Product achieved a new monthly record with almost 2.5 million contracts, an ADV of 108,000 contracts. On 4 August, a new daily peak was recorded with around 208,000 contracts. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 30.9 million contracts (Aug. 2010: 25.0 million). Thereof, equity options totaled 25.6 million contracts and single stock futures equaled 5.3 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: In Q1 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted figure of monthly volume in the equity derivatives segment in August would have been approximately 37 million contracts based on an extrapolation. Eurex Exchange's interest rate derivatives segment grew by 41 percent and totaled 54.4 million contracts (Aug. 2010: 38.5 million). The Euro-Bund-Future reached 20.5 million contracts, the Euro-Bobl-Future 12.3 million contracts and the Euro-Schatz-Future 13.8 million contracts. The Euro-BTP-Future totaled 226,000 contracts and the Short Term Euro-BTP-Future around 37,000 contracts. The Eurex segment dividend-based derivatives totaled 782,000 contracts – a new monthly record. Volatility derivatives also had an all-time record month with around 289,000 contracts. Eurex Repo, which operates CHF, EUR repo and GC Pooling markets, achieved new records in the EUR Repo and GC Pooling market. The EUR Repo Market totaled an average outstanding volume of 164.1 billion euros in August, an increase of 39 percent y-o-y. The secured money market GC Pooling recorded a new monthly peak with an average outstanding volume of 133.4 billion euros, an increase of 46 percent y-o-y (Aug 2010: 91.6 billion euros). The CHF Repo market reached 92.5 billion euros. All Eurex Repo markets recorded 256.6 billion euros average outstanding volume (Aug 2010: 261.5 billion euros). The electronic trading platform Eurex Bonds, which rounds out Eurex's fixed-income product range, traded 9.1 billion euros (single counting) in Aug, an increase of 41 percent y-o-y (Aug. 2010: 6.4 billion euros). In July 2011, volume was 9.1 billion euros.Statistics August 2011 EEX and Eurex to launch New Incentive Model for CO2 Spot and Derivatives Market Leipzig, Frankfurt/Main - On 1 September 2011, the European Energy Exchange (EEX) and the Eurex Exchange will introduce a new incentive model for the emissions market which aims at strengthening the EEX CO2 market in the competition with other trading platforms. The model targets the secondary market trading and is designed to increase the attractiveness of EEX prices (tight spreads) and hence liquidity of the markets. The future incentive model provides for two volume thresholds: If the monthly volume achieved by a trading participant exceeds a level of 2 million tonnes of CO2 or a level of 4 million tonnes of CO2, the company concerned qualifies for a bonus of EUR 10,000 or EUR 20,000 respectively. This bonus will be paid to at maximum three trading participants that have traded the respective highest volumes above the thresholds specified in each month. All the products that are available for secondary trading in emission allowances, i.e. the Spot Market for EU Emission Allowances (EUA) and the Derivatives Market for EUA and Certified Emission Reductions (CER), will be considered.All trading participants that are licensed for the Spot and Derivatives Market for Emission Allowances will automatically be considered for this model. The market makers for whom EEX and the Eurex Exchange offer a separate incentive scheme are not included in this model.EEX and the Eurex Exchange offer their participants a platform for trading in EUA futures, CER futures and options on EUA futures. In the framework of this cooperation, which was launched in December 2007, Eurex participants can trade the CO2 derivatives products listed on EEX through their existing infrastructure and a simplified admission process. Eurex Clearing launches the first major element of its new Client Asset Protection Services New "Individual Clearing Model" offers individual client segregation to ensure maximum protection and portability of client assets/ Upcoming European regulatory requirements of EMIR on segregation of clients' and intermediaries’ assets already addressed/ Important contribution to increase market safety and integrity Eurex Clearing, Europe's leading clearinghouse, announced the launch of its "Individual Clearing Model", the first major element of a new suite of industry leading client segregation services. The new service is the first segregation solution offered by a clearing house enabling full legal and operational segregation of all assets (positions and margin collateral) for its non-clearing members (clients with trading admission) at the clearing house level. The new model allows for collateral and positions to be transferred immediately in the event of a clearing member default, thus clients are protected and enabled to continue their trading activities. The Individual Clearing Model responds to the increasing demand of buy-side firms for central counterparty (CCP) services. Through the new service, Eurex Clearing makes an important contribution to market safety and integrity and already offers a service which fulfils the planned regulatory requirements as specified in the published draft versions of the European Markets Infrastructure Regulation (EMIR). Eurex Clearing is the first CCP globally to offer full legal and operational segregation across all cleared markets. The new service will be offered in addition to the existing Eurex Clearing model. Eurex Clearing will also launch a so-called Omnibus Model, offering segregation of client assets in an omnibus account with higher operational efficiency and flexibility for the clearing member. The three different levels of protection enable clearing members to offer tailor-made access to Eurex Clearing and provide choice for clients. "Maximum legal protection and immediate portability of client assets are at the heart of the value proposition for CCP clearing", said Thomas Book, Eurex Executive Board member responsible for clearing. “In close collaboration with our participants, we have developed a unique offering of flexible alternatives for how client positions and assets can be held at Eurex Clearing, depending on clients' individual protection needs.” Eurex Clearing's new service will be optional and available for all its listed markets. The next step will be the extension to clients without trading admission and to the future Eurex OTC Clear offering once this has been launched. Further information:Eurex Clearing’s strategic agenda includes two further major initiatives focusing on market participant needs and safety for OTC derivatives. As already announced, Eurex Clearing plans to expand its Eurex OTC Clear service to include OTC-traded interest rate and equity derivatives. Second, Eurex Clearing plans to introduce a new risk methodology for the clearinghouse, which will be portfolio-based rather than instrument focused as in many current CCP risk management approaches. The new portfolio-based risk methodology will allow Eurex Clearing to offer cross-margining between listed derivatives and OTC interest rate swaps and equity derivatives, offering buy-side and sell-side firms significant margin and collateral efficiencies. Eurex statement on current market activity The current extremely volatile market environment has led to enormous increases in contract and quote volume on Eurex Exchange in the last two weeks. New records were set in some benchmark products, such as futures and options on the EURO STOXX 50 and DAX. The total average daily trading volume (ADV) in August is at an annual high of almost 12 million contracts, compared to the yearly ADV of 8.4 million contracts. The growth in the trading and clearing volume was accompanied by an even greater rise in system transactions and quotes handled by the system. At the beginning of last week, the number of quotes even reached a new peak of 1.2 billion on a single day.Despite the massive rise in volumes, Eurex Group’s IT systems constantly fulfilled its role as designed and provided well-functioning markets thus ensuring market integrity. The on-going and constant enhancement of and investment into Eurex Group’s IT infrastructure were the reasons that the system availability and data throughput at Eurex Exchange and Eurex Clearing remained stable – trading and clearing worked without any frictions or interruptions. The additional transaction load had no effect on the latency or response times of the Eurex systems.Eurex not only offers high performance and stable trading opportunities for its participants; its numerous risk management services also ensure that participants can optimally manage their individual risks – even in very volatile market situations. Risk management in real time using the Enhanced Risk Solution interface and the numerous pre- and post-trade functionalities ensure that participants can identify risks at an early stage and quickly avoid excessive exposure.The safety mechanisms that have been implemented also guarantee market integrity and orderly trading. These include volatility interruption, which allows a short-term interruption of trading in affected products in the event of high volatility, thus enabling market participants to react appropriately to excessive price volatility. Average daily volume of 10 million contracts at Eurex Group in July July volumes grew at Eurex Exchange and ISE/ Eurex Exchange: KOSPI Product with new peak in volumes In July 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10 million contracts (July 2010: 8.1 million) – an increase by 24 percent. Of those, 7.2 million were Eurex Exchange contracts (July 2010: 5.6 million), and 2.9 million contracts (July 2010: 2.5 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 151.9 million contracts were traded at Eurex Exchange (an increase of 23 percent) and 57.3 million at ISE (an increase of 8.3 percent). At Eurex Exchange, the equity index derivatives segment grew by 28.5 percent and totaled 72.5 million contracts (July 2010: 56.4 million). The single largest contract was the future on the EURO STOXX 50 Index with 31.3 million contracts. The option on this blue chip index totaled 29.3 million contracts. Futures on the DAX index recorded 3.0 million contracts while the DAX options reached another 4.2 million contracts. The Eurex KOSPI Product achieved a new monthly record with more than 1.7 million contracts, an ADV of more than 81,000 contracts. On 12 July, a new daily peak was recorded with 170,456 contracts. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 24 million contracts (July 2010: 30.1 million). Thereof, equity options totaled 18.8 million contracts and single stock futures equaled 5.1 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: in Q1 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted figure of monthly volume in the equity derivatives segment in July would have been approximately 27 million contracts based on an extrapolation. Eurex Exchange’s interest rate derivatives segment grew by 51 percent and totaled 54.8 million contracts (July 2010: 36.4 million). The Euro-Bund-Future reached 21.2 million contracts, the Euro-Bobl-Future 12.1 million contracts and the Euro-Schatz-Future 13.7 million contracts. The Euro-BTP-Future totaled 261,955 contracts and the Short Term Euro-BTP-Future 48,318 contracts. The Eurex segment dividend-based derivatives recorded 329,679 contracts (a decrease of 12.5 percent year-on-year). Volatility derivatives totaled 203,108 contracts (an increase of 619.3 percent year-on-year). Eurex Repo, which operates CHF, EUR repo and GC Pooling markets, achieved new records. All Eurex Repo markets grew by 25 percent in July 2011 and reached 301.3 billion euros average outstanding volume for the first time (July 2010: 240.9 billion euros). The EUR Repo Market recorded an average outstanding volume 134 billion euros in July, an increase of 17 percent y-o-y. The secured money market GC Pooling recorded an average outstanding volume of 105.4 billion euros, an increase of 14 percent y-o-y (July 2010: 92.3 billion euros). The CHF Repo market recorded the highest growth rate with 33 percent y-o-y, reaching 167.3 billion euros. The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded 9.1 billion euros (single counting) in July, compared to 6.8 billion euros in July 2010. In June 2011, volume was 8.5 billion euros. EURO STOXX 50 and DAX are registered trademarks of Deutsche Börse AG.Statistics July 2011 Eurex expands commodity derivatives offering by introducing derivatives on two commodity ETPs Listing on 29 July 2011 The international derivatives exchange Eurex today announced that from 29 July 2011 it will be offering futures and options on two commodity ETPs (exchange traded products) launched by ETF Securities: "Physical Gold" and "Crude Oil". The Physical Gold ETP is one of the world’s largest with assets under management of over 4 billion euros. The new derivatives complement the ETF derivatives segment of Eurex Exchange where 3 futures and 21 options on ETFs are currently tradable. "The market for exchange-traded commodities (ETC) is growing continually, both in terms of the volume invested and the products available. In listing these derivatives, we are supporting the expansion of the ETC market in Europe by providing tailored hedging opportunities for investors and issuers," said Eurex Executive Board member Peter Reitz. Mark Weeks, Managing Director at ETF Securities, said: "The launch of Eurex's options and futures on two of our flagship products marks a milestone in the evolution of the commodity ETP industry, which our chairman pioneered less than 10 years ago. Eurex's products will complement our existing offering, allowing clients further opportunities to access the commodities markets. Client demand for such products has been significant so we expect Eurex to enjoy great success with these products." A recent report by ETF Securities on commodity ETPs for Q2 showed global assets under management for commodity ETPs at over 170 billion British pound – an increase by 33 percent in the last 12 months alone. "We see the addition of options and futures on ETF Securities‘ products as a natural progression of this development and fully support their launch," adds Mark Weeks. The most important product features of the new contracts are that the futures and options have a contract size of 100 units and are tradable from 9 a.m. to 5.30 p.m. CET. They are traded in US dollars and delivery is planned in physical certificates. The options are European options with terms of up to 60 months. Eurex offers order book trading, whereas bilaterally agreed transactions can be cleared via the OTC Trade Entry facilities for each product. About ETF Securities ETF Securities (ETFS) is a provider of Exchange Traded Commodities (Commodity ETCs), Exchange Traded Currencies (Currency ETCs) and 3rd generation Exchange Traded Funds (ETFs). The management of ETF Securities pioneered the development of commodity ETPs, with the world’s first listing of a commodity ETP, Gold Bullion Securities in Australia and London in 2003, and then the world's first commodity ETP platform which was first listed on the London Stock Exchange in September 2006. ETFS Exchange Traded Products (ETPs) provide investors with a wide variety of investment strategies, with ETPs offering exposure to resource equities, physical, long, forward, leveraged and short exposure to all commodity sectors and G10 Currencies. ETPs are simple to access as they are traded in up to five currencies (EUR, USD, GBP, AUD and JPY) and listed on up to nine major exchanges globally including the London Stock Exchange, the New York Stock Exchange, the Tokyo Stock Exchange, NYSE-Euronext Paris, NYSE-Euronext Amsterdam, Deutsche Börse, Borsa Italiana, the Australian Securities Exchange and the Irish Stock Exchange. As at 30th June 2011, ETF Securities’ assets under management totalled US$ 27.3 bn. Newsflash: new daily record in the Eurex KOSPI Product on July 11, 2011 More than 100,000 contracts traded on a single day for the first time Record turnover on July 11, 2011: 103,318 contractsPrevious record on July 8, 2011: 93,006 contractsAverage daily volume July (month-to-date): 63,484 contractsAverage daily volume June 2011: 27,256 contractsThe new record volume is mainly due to the increasing number of active trading participants, especially from South Korea, and the related growth in trading activity. Further milestone reached in agricultural derivatives The international derivatives exchange Eurex has recently reached a further milestone in the agricultural derivatives segment. Last week, futures contracts on European processing potatoes (FEPP) traded in the order book passed the 100,000 mark for the first time since their launch."The Eurex future on European processing potatoes is a very important price hedging instrument for the entire central European potato industry – from farmers to the processing industry. We are very satisfied with the liquidity the market has achieved in the past few months, and aim to continue contributing to this success," commented Rene van Diepen, Director of the Dutch Organisation of Potato Merchants (Nederlandse Aaardapple Organisatie – NAO)."We are delighted to have achieved the 100,000-contracts mark in less than two years after we started trading in July 2009. We would like to thank all market participants for their support and confidence in this contract. Not only the volume but also an increasing number of trading participants in the derivatives market for potatoes confirms our decision to launch agricultural derivatives," said Peter Reitz, member of the Eurex Executive Board.The Eurex offering currently comprises six agricultural futures on butter, European processing potatoes and potatoes for the British market (London potatoes), hogs, piglets and skimmed milk powder. All futures are based on recognized reference prices from the relevant cash markets and are settled in cash. Further expansion of the product segment is planned in close cooperation with the agricultural industry. Eurex further expands its Italian government bonds derivatives offering Medium-term interest rate contract to launch on 19 September 2011/New contract complements the already listed Euro BTP Future and Short-Term Euro BTP Future The international derivatives exchange Eurex announced today that it will launch a new interest rate contract on 19 September 2011. The Mid-Term Euro BTP Future is based on notional medium-term bonds issued by the Republic of Italy (Buoni del Tesoro Poliennali – BTP). The new contract will complement Eurex's interest rate derivatives offering for all A and AA-rated European government bonds as well as for other interest rate instruments and will serve as an ideal hedging instrument for this market segment. "The success of our two listed BTP futures increased the demand among our customers for the yield curve to be completed. Our new BTP future covers medium-range maturities, creating new, additional trading opportunities," said Peter Reitz, member of the Eurex Executive Board. The Mid-Term Euro BTP Future will be based on deliverable bonds with a residual maturity of 4.5 to 6 years and an original maturity of not more than 16 years; the notional coupon will be 6 percent and the contract value will be 100,000 euros, as for the existing futures contracts. The minimum tick size will be fixed at 0.01 percent (10 euros per tick) in line with the tick sizes of the other BTP, Bund and Bobl futures. Trading hours will be from 8 a.m. to 7 p.m. CET. Eurex will also be offering a Market-Making program. Various banks have already shown an interest in market-making to provide sufficient liquidity from the outset. Eurex has been offering trading in the long-term Euro BTP Future (FBTP) since September 2009, the Short-Term Euro BTP Future (FBTS) has been listed since October 2010. Since their introduction, more than 3 million contracts have been traded in both futures together. Eurex to intensify its activities in the dairy segment of its agricultural derivatives offering Hosting a dairy conference in Chicago on 18 July in cooperation with FCStone LLC/ Launch of a weekly newsletter about European dairy futures markets The international derivatives exchange Eurex today announced that it will intensify efforts to extend its footprint in the agricultural markets. The exchange will kick off a new educational initiative to reach key U.S. dairy market participants with a one-day Chicago conference on global dairy markets on July 18. The program features renowned dairy market academics including Michael Keane, Senior Lecturer at University College Cork [in Ireland], and Mark Stephenson, Director of Dairy Policy Analysis from the University of Wisconsin.The conference is accompanied by the launch of the latest Eurex newsletter for investors later in July. The new Dairy Market Outlook is a weekly newsletter produced for Eurex by leading commodities broker FCStone LLC.The conference is organized together with lead sponsor FCStone LLC, a Fortune 500 company that provides customers across the globe with execution and advisory services in commodities and other asset classes. Robert Chesler, Vice President Food Service Division at FCStone LLC, stressed the receptiveness of the U.S. dairy community: "The United States has embarked on a road toward embracing the globalization of the dairy industry. As the global dairy industry becomes interconnected, global volatility is at the forefront of many participants’ concerns. The risk management tools offered by exchanges such as Eurex provide an oasis from undesired price fluctuations."Vassilis Vergotis, Executive Vice President and Head of Eurex Offices Americas, emphasized the importance of reaching key U.S. customers in growing the Eurex dairy contracts: "U.S. agricultural markets are extremely well-developed and serve as a model for international growth in dairy derivatives. Given the global nature of markets, we believe that U.S. dairy market participants can enhance their risk management by adding Eurex's dairy futures to their portfolio of risk management tools. We are expanding our educational initiatives and teaming up with key partners to raise product awareness."The conference and newsletter are well-timed as Eurex’s agricultural contracts have reached an important milestone recently: the number of traded agricultural derivatives exceeded 100,000 contracts since their launch in July 2009. Currently, Eurex offers two dairy contracts based on butter and skimmed milk powder; futures based on European processing potatoes, hogs, London potatoes and piglets complement the offering. All futures are based on established reference prices from the respective spot markets and are settled in cash.For more information visit:http://www.eurexchange.com/resources/html/mailings/rm_conference Eurex names new head of its Singapore office The international derivatives exchange Eurex announced today the appointment of a new Head of the Singapore Branch Office. As of 15 July 2011, Henk Huitema (48) will succeed Philip Joslin as Chief Representative of Eurex’s Singapore office. Henk Huitema's responsibilities will include the further development of Eurex’s business in the region, in particular in Singapore, India, South Korea and Australia. He will report to Roland Schwinn, Head of Sales Asia & Middle East, based in Eurex's headquarter in Frankfurt/Main, Germany.“Since the establishment of our Singapore office in 2009, Philip Joslin played a key role in developing our business in the region. I would like to thank him for his achievements,” commented Roland Schwinn. He added: “Henk Huitema joined Eurex in September 2010. He has more than 20 years of experience in our industry, including brokerage and clearing business, risk management, ISV solutions and exchange business. I welcome Henk Huitema in his new role."Eurex established offices in Singapore, Hong Kong and Tokyo in 2009. Currently 18 direct exchange members are connected to Eurex out of Asia. Average daily volume of 11.4 million contracts at Eurex Group in June June volumes grew at Eurex Exchange and ISE/ Eurex Exchange: KOSPI Product with new peak in volumes/ Eurex Repo: new records in all markets In June 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 11.4 million contracts (June 2010: 10.9 million). Of those, 8.6 million were Eurex Exchange contracts (June 2010: 8.3 million), and 2.8 million contracts (June 2010: 2.6 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 189.1 million contracts were traded at Eurex Exchange (an increase of 3 percent) and 60.9 million at ISE (an increase of 5 percent). At Eurex Exchange, the equity index derivatives segment grew by 4 percent and totaled 82.3 million contracts (June 2010: 79.3 million). The single largest contract was the future on the EURO STOXX 50® Index with 39.5 million contracts. The option on this blue chip index totaled 27.5 million contracts. Futures on the DAX index recorded 4.0 million contracts while the DAX options reached another 4.8 million contracts. The Eurex KOSPI Product achieved a new monthly record with more than 572,000 contracts, an ADV of more than 26,000 contracts. On 29 June, a new daily peak was recorded with 78,347 contracts. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached 33.9 million contracts (June 2010: 50.5 million). Thereof, equity options totaled 22.0 million contracts and single stock futures equaled 11.9 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: in Q1 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted figure of monthly volume in the equity derivatives segment in June would have been approximately 38 million contracts. Eurex Exchange's interest rate derivatives segment grew by 36 percent and totaled 72.1 million contracts (June 2010: 52.9 million). The Euro-Bund-Future reached 27.0 million contracts, the Euro-Bobl-Future 17.3 million contracts and the Euro-Schatz-Future 19.4 million contracts. The Euro-BTP-Future totaled around 210,000 contracts and the Short Term Euro-BTP-Future approximately 63,000 contracts. The Eurex segment dividend-based derivatives recorded more than 431,000 contracts (an increase of 37 percent year-on-year). Volatility derivatives totaled 243,000 contracts (an increase of 228 percent year-on-year). Eurex Repo, which operates CHF, EUR repo and GC Pooling markets, achieved new records. All Eurex Repo markets grew by 28 percent in June 2011 and reached 301.0 billion euros average outstanding volume for the first time (June 2010: 235.2 billion euros). The EUR Repo Market reached a new monthly record of average outstanding volume with 149.9 billion euros in May, an increase of 21 percent y-o-y. The secured money market GC Pooling recorded an average outstanding volume of 119.8 billion euros, an increase of 21 percent y-o-y (June 2010: 98.8 billion euros). The CHF Repo market recorded the highest growth rate with 35 percent y-o-y, reaching 151.1 billion euros. The electronic trading platform Eurex Bonds, which rounds out Eurex's fixed-income product range, traded 8.6 billion euros (single counting) in June, compared to 7.9 billion euros in June 2010. In May 2011, volume was 10.4 billion euros.Statistics June 2011 Deutsche Bank acts as market maker in Eurex’s dividend option The international derivatives exchange Eurex announced today that Deutsche Bank will serve as a market maker in the option on the EURO STOXX 50® Index Dividend future. Deutsche Bank is the first Permanent Market Maker in this product, providing continuous quotation in the order book. Since 1 June 2011, Eurex Exchange has been offering its Permanent Market Makers who fulfill predefined quote obligations in the option on EURO STOXX 50 Index Dividend future significant rebates until the end of 2012."We are pleased to have Deutsche Bank as a Permanent Market Maker as price transparency in the order book is one major precondition for the further success of our dividend option," said Peter Reitz, member of the Eurex Executive Board. "With our option on the EURO STOXX 50 dividend future, investors can hedge the income streams from the dividends of the euro zone’s leading equity index and thus improve risk management of expected dividends in their portfolios."Eurex launched its dividend options in May 2010. So far in 2011, more than 270,000 options contracts were traded, while open interest is approximately 260,000 contracts.The dividend options are part of Eurex's dividend derivatives product suite, with the initial products introduced in June 2008. Year to date, in all dividend products approximately 20,000 contracts are traded daily; altogether more than 2.4 million contracts in 2011. Open interest stands at 1.6 million contracts currently, representing approximately 11 billion euros of notional dividend value. Eurex Clearing to launch central clearing service for OTC securities lending transactions Phased roll-out of European offering will start in November 2011/ CCP clearing will mitigate counterparty risk and increase capital efficiency/ First clearing model to incorporate specific roles of agent lenders and beneficial owners Eurex Clearing, Europe's leading clearing house, announced today that it will launch a central counterparty (CCP) service for the securities lending market based on Eurex Clearing's proven systems and industry leading risk management standards. The new service will cover European markets for loans in equities, ETFs and fixed income securities. The phased roll-out will commence in November 2011, the full scope will be available in the course of 2012. The new CCP service for securities lending has been designed in close cooperation with key market participants. A core element of the concept is a specific member license for lending participants that enables beneficial owners to participate as clearing members of Eurex Clearing without any margin obligation whereas agent lenders can maintain their current role. "Our innovative offering preserves the key features of the OTC market for both lending and borrowing counterparties whilst being able to deliver significant capital and operational benefits to all participants", said Thomas Book, member of the Eurex Executive Board and responsible for clearing. "Eurex Clearing is the first clearing house to incorporate the special structure of the securities lending market into a CCP model allowing cash and non-cash collateral as well as providing automated trade flow and loan lifecycle management". Eurex Clearing's new CCP service for securities lending will provide significant improvements to the current market structure. The clearing house as single counterparty to all trades will reduce counterparty risk exposure and eliminate the need for multiple credit evaluations. Thus, users can achieve a significant reduction in capital allocation associated with bilateral transactions. Agricultural derivatives segment at Eurex hits important milestone Threshold of 100,000 traded contracts passed in mid June The international derivatives exchange Eurex today announced that the number of traded agricultural derivatives exceeded 100,000 contracts since their launch in July 2009. Volume has been increasing steadily, partly due to the volatile weather conditions in 2011 and 2010. Year-to-date, the average daily volume (ADV) is above 300 contracts, or around 38,000 contracts in total. In June 2011, the ADV stands at almost 400 contracts. In 2010, the ADV was around 200 contracts. Eurex offers six agricultural futures based on butter, European processing potatoes, hogs, London potatoes, piglets and skimmed milk powder. All futures are based on established reference prices from the respective spot markets and are settled in cash. Eurex’s agricultural contracts are aimed at a broad group of users, including farmers and agricultural cooperatives, trading and slaughter companies and the processing industry. For them, on-exchange traded agricultural derivatives increase the price transparency while the central clearing of these contracts at Eurex Clearing mitigates the counterparty risks which are existent in OTC markets. Eurex Exchange to further expand commodities derivatives segment Option on the Dow Jones UBS Commodity Index to be launched on 27 June 2011 The international derivatives exchange Eurex announced today that it will admit a new option on the Dow Jones UBS Commodity Index for trading on the Eurex Exchange on 27 June 2011. The new option will complement the future on the Dow Jones UBS Composite Index already listed as well as the nine other futures on the entire range of the Dow Jones UBS family subindices. "In launching the option, we are taking the next logical step and reacting to the increased interest of our clients in exchange-traded index products in this asset class. Trading in the index future should benefit considerably from the availability of an option," commented Peter Reitz, member of the Eurex Executive Board. "Commodities have established themselves as an investment vehicle among institutional investors, thus enabling better portfolio diversification." The new option based on the excess return version of the index is denominated in US dollars. A market making program will be offered for liquidity in the order book as well as for OTC transactions. Around 40,000 commodity index futures have already been traded this year, thereof 27,500 in the broad Dow Jones UBS Composite Index. Eurex to launch Polish single stock futures segment New country segment to be introduced on 27 June 2011 The international derivatives exchange Eurex today announced that it will launch 19 single stock futures (SSF) on leading Polish companies on 27 June 2011. The new listings reflect customer demand for derivatives based on shares from one of the largest economies in Eastern Europe. The new SSF contracts will be based on 19 shares of the Polish blue chip index WIG 20 (except CEZ) and denominated in euro. The launch extends Eurex’s SSF offering with a new country, bringing the total number of covered countries to 20."As Eastern European countries become more and more important for our customers and investors, demand for products based on companies listed in these markets also increases. Therefore, we have extended our offering and launched contracts covering companies from one of the biggest Eastern European markets", said Peter Reitz, member of the Eurex Executive Board. "Our current SSF suite gives customers greater flexibility in executing trading strategies in more than 850 names in Europe and internationally."The new Polish SSFs will extend the number of covered Eastern European and emerging markets to four. Volumes in Russian SSFs, the largest emerging market segment at Eurex, have risen steadily since their launch in 2007: In 2010, contracts totaled more than 680,000, while year-to-date volume is almost 300,000 contracts.The specifications of the new contracts are comparable to the other European listings. Each contract represents 100 shares and is cash settled. They will have expiry dates up to three years for the next 13 calendar months, plus the two following annual contract months out of the December cycle. The new Polish single stock futures also are eligible for Eurex’s Block Trade Facility. Average daily volume of 13 million contracts at Eurex Group in May Eurex Exchange: growing volume of interest rate derivatives segment/ Eurex Repo: continues to grow in all markets year-on-year In May 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 12.9 million contracts (May 2010: 16.2 million). Of those, 10.0 million were Eurex Exchange contracts (May 2010: 12.2 million), and 2.9 million contracts (May 2010: 4.0 million) were traded at the U.S.-based International Securities Exchange (ISE). The decline of Eurex Exchange volume y-o-y – which peaked in May 2010 – is due to the lower volatility compared with May 2010 and the adjustment of contract specification of equity derivatives. In total, 219.7 million contracts were traded at Eurex Exchange and 60.6 million at ISE. Eurex Exchange traded 64.3 million equity index derivatives contracts (May 2010: 101.4 million). The single largest contract was the future on the EURO STOXX 50® Index with 28.3 million contracts. The option on this blue chip index totaled 24.8 million contracts. Futures on the DAX index recorded 3.1 million contracts while the DAX options reached another 5.2 million contracts. The Eurex KOSPI Product achieved a new monthly record with more than 320,000 contracts, an ADV of more than 14,500 contracts. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange reached its second-best month with 96.8 million contracts (record month May 2010: 101.9 million). Thereof, equity options totaled 24.4 million contracts and single stock futures equaled 72.4 million contracts. Equity derivatives volume y-o-y is influenced by the change of contract specifications: in Q1 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of potentially lower turnover in these products. The adjusted figure of monthly volume in the equity derivatives segment would have been approximately 123 million contracts. Eurex Exchange's interest rate derivatives segment grew by 11 percent and totaled 57.9 million contracts (May 2010: 52.4 million). The Euro-Bund-Future reached 21.2 million contracts, the Euro-Bobl-Future 13.7 million contracts and the Euro-Schatz-Future 16.1 million contracts. The Euro-BTP-Future totaled around 134,000 contracts and the Short Term Euro-BTP-Future approximately 53,000 contracts. The Eurex segment dividend-based derivatives recorded approximately 289,000 contracts. Volatility derivatives totaled 208,000 contracts. Agricultural derivatives tripled y-o-y and totaled around 7,800 contracts. Eurex Repo, which operates CHF, EUR repo and GC Pooling markets, reported continued growth. All Eurex Repo markets grew by 43 percent in May 2011 and achieved 288.6 billion euros average outstanding volume (May 2010: 201.5 billion euros). The EUR Repo Market reached a new monthly record of average outstanding volume with 137.5 billion euros in May, an increase of 15 percent y-o-y. The secured money market GC Pooling recorded an average outstanding volume of 106.8 billion euros, an increase of 12 percent y-o-y (May 2010: 95.1 billion euros). The CHF Repo market recorded the highest growth rate with 84 percent y-o-y, reaching 151.2 billion euros. The electronic trading platform Eurex Bonds, which rounds out Eurex's fixed-income product range, traded 10.36 billion euros (single counting) in May, compared to 8.76 billion euros in May 2010. In April 2011, volume was 8.95 billion euros.Statistics May 2011 Eurex to launch new access point in Hong Kong Eurex announced today that it will launch its new access point in Hong Kong in June. This will be the second Eurex access point in Asia. Access points offer Eurex member firms direct, high-speed and cost-effective network access to Eurex's highly liquid trading platform. Currently, Eurex has five members based in Hong Kong – the newest member is Nanhua Futures (Hong Kong) Co. Ltd., which joined as a trading participant in April 2011. Michael Peters, member of the Eurex Executive Board, commented: "We are pleased to offer our customers a high-performance connection to our exchange in this fast-growing region. The launch of our new access point in Hong Kong underpins our strategy of expanding in one of the most important Asian market." One of Eurex's core strategic objectives is the expansion of its business activities in the Asia-Pacific region. Eurex has been operating an access point in Singapore since 2006. Representative offices in Hong Kong, Singapore and Tokyo were opened in 2009. Altogether, there are 19 members connected from the Asia-Pacific region, and several companies are in the admission process. The volume generated by members located in Asia has increased by 50 percent in the first quarter of 2011 compared to 2010. With the launch of this new access point, Deutsche Börse and Eurex operate 14 access points in major international financial centers around the world: Amsterdam, Chicago, Frankfurt, Gibraltar, Helsinki, Hong Kong, London, Madrid, Milan, New York, Paris, Singapore, Vienna and Zurich. Eurex KOSPI Product surpasses milestone of 1 million traded contracts The international derivatives exchange Eurex today announced that its Eurex KOSPI Product has exceeded the 1 million traded contracts threshold last Thursday, 12 May, for the first time since its launch on 30 August 2010. Monthly trading volume has been increasing steadily, reaching more than 147,000 contracts in the current month (as of 13 May). Average daily volume is on record levels and totals more than 21,000 contracts in the current month. The current daily record of more than 29,000 order book traded contracts was achieved on 11 May 2011. Eurex and KRX expect that volumes continue to grow in conjunction with the rising number of active end-customers as well as Eurex and KRX members using the Eurex KOSPI Product. Currently, five out of the ten most active Korean member firms trade the Eurex KOSPI Product. Altogether, 13 KRX and Eurex participants are active, among them two market makers. Further, there are 5 additional KRX and 7 Eurex members who are preparing to participate in the Eurex/KRX Link in due course. The Eurex KOSPI Product is a daily futures contract based on the KOSPI 200 options available on the Korea Exchange (KRX). The futures contracts expire at the end of each trading day and any open positions are transferred to KRX to establish a position in the KOPSI 200 option. This product cooperation between Eurex and KRX enables market participants to trade KOSPI 200 options during European and North American trading hours. Average daily volume of 10.5 million contracts at Eurex Group in April Eurex Exchange: stable volume year-to-date in 2011/ Eurex Repo: continues to grow in all markets year-on-year In April 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.5 million contracts (April 2010: 12.7 million). Of those, 7.6 million were Eurex Exchange contracts (April 2010: 9.4 million), and 2.9 million contracts (April 2010: 3.3 million) were traded at the U.S.-based International Securities Exchange (ISE). The decline of Eurex Exchange volume y-o-y is due to the lower volatility compared with April 2010 and the adjustment of contract specification of equity derivatives. In total, 145.1 million contracts were traded at Eurex Exchange and 58.3 million at ISE.Eurex Exchange traded 49.9 million equity index derivatives contracts (April 2010: 58.1 million). The single largest contract was the future on the EURO STOXX 50® Index with 20.8 million contracts. The option on this blue chip index totaled 20.2 million contracts. Futures on the DAX index recorded 2.3 million contracts while the DAX options reached another 4.3 million contracts. The Eurex KOSPI Product recorded approximately 167,000 contracts, an ADV of almost 8,800 contracts. On 13 April, a new daily order book volume peak was recorded with 17,688 Eurex KOSPI contracts.The equity derivatives (equity options and single stock futures) segment at Eurex Exchange recorded 54.3 million contracts (April 2010: 80.2 million). Thereof, equity options totaled 19.6 million contracts and single stock futures equaled 34.7 million contracts. The decrease of equity derivatives volume y-o-y is mainly due to the change of contract specifications. In Q1 2011, Eurex Exchange increased the contract size of most equity options and single stock futures to match international standards, with the effect of lower turnover in these products. The adjusted figure of monthly volume in the equity derivatives segment is 73.4 million contracts.Eurex Exchange’s interest rate derivatives segment achieved 40.4 million contracts (April 2010: 48.8 million). The Euro-Bund-Future reached 15.7 million contracts, the Euro-Bobl-Future 9.0 million contracts and the Euro-Schatz-Future 10.3 million contracts. The Euro-BTP-Future totaled around 125,000 contracts and the Short Term Euro-BTP-Future more than 40,000 contracts.The Eurex segment dividend-based derivatives recorded approximately 282,000 contracts. Volatility derivatives grew by 28 percent y-o-y and totaled 189,000 contracts. Agricultural derivatives more than doubled y-o-y and totaled almost 7,000 contracts.Eurex Repo, which operates CHF-, EUR repo and GC Pooling markets, reported continued growth. All Eurex Repo markets grew by 42 percent in April 2011 and achieved 256.0 billion euros average outstanding volume (April 2010: 180.8 billion euros). The secured money market GC Pooling recorded an average outstanding volume of 86.5 billion euros, an increase of 8 percent y-o-y (April 2010: 80.4 billion euros). The EUR Repo Market reached an average outstanding volume of 117.1 billion euros in April, an increase of 15 percent y-o-y. The CHF Repo market recorded the highest growth rate with 76 percent y-o-y, reaching 138.9 billion euros.The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded 8.95 billion euros (single counting) in April, compared to 11.6 billion euros in April 2010. In March 2011, volume was 10.1 billion euros.Statistics April 2011 Eurex admits Nanhua Futures Hong Kong The international derivatives exchange Eurex announced today that it has admitted Nanhua Futures (Hong Kong) Co. Ltd. as a new trading participant based in Hong Kong. Nanhua Futures is the Hong Kong subsidiary of one of the leading futures brokers from the People's Republic of China. David Luo, CEO of Nanhua Futures, said, "We are very honored to become a member of one of the leading derivatives exchanges in the world. Nanhua is committed to providing its clients with high-quality services, high efficiency and expertise. Being a member of Eurex will further leverage our business and our services and could help us to even better meet clients' needs. Moreover, it could enable Nanhua to develop the internationalisation further." "We are very pleased to admit Nanhua Futures to our global member network", said Michael Peters, member of the Eurex Executive Board. "Through this connection, Nanhua Futures can offer its customer base direct and reliable access to our international trading network out of Hong Kong. We are currently experiencing a growing interest from clients headquartered in China demanding direct access to our global product suite." One of Eurex's core strategic objectives is the expansion of its business activities in the Asia-Pacific region. Representative offices in Hong Kong, Singapore and Tokyo were opened in 2009. Currently, there are five Hong Kong-based Eurex members, of which Nanhua is the second Chinese broker that has been admitted. Altogether, there are 19 members connected from the Asia-Pacific region, and several more companies are in the admission process. The volume generated by the Asian members has increased by one-third in 2010 compared with 2009. About Nanhua Futures Nanhua Futures (Hong Kong) Co., Ltd is a subsidiary company fully owned by Nanhua Futures Co., Ltd. Its establishment was approved by China Securities Regulatory Commission as one of the first six Futures Commission Merchants (FCMS) to launch business in the Hong Kong market. Based in the international financial centre Hong Kong, Nanhua Futures (Hong Kong) Co., Ltd is dedicated to provide investors with diversified futures products and a user-friendly trading platform. The business of Nanhua Futures (Hong Kong) Co. Ltd maintains a rapid and steady growth with the strong support from the parent company which operates 24 branches and 6 distinguished futures research institutes across mainland China.For more information about Nanhua Futures (Hong Kong) Co. Ltd. visit www.nanhua.net Eurex to further expand its equity options offering by covering Irish equities Eleven new Irish equity options with settlement via CREST to be introduced in late April 2011 The international derivatives exchange Eurex announced today that it will launch new equity options based on 11 of the most liquid Irish stocks on 26 April 2011. The companies are Bank of Ireland, C&C Group, CRH, DCC, Dragon Oil, Elan Corp, Irish Life & Permanent Group, Kerry Group, Kingspan Group, Ryanair Holdings and Smurfit Kappa Group. With this launch, Europe's largest derivatives exchange will offer for the first time Irish equity options with home market settlement. The new equity options will be physically settled in the CREST system of Euroclear UK & Ireland. "Using the new Irish equity options, our customers will be able to better hedge their exposure to the Irish equity market. Simultaneously, we are offering new trading opportunities as we will completely cover the index constituents of the EURO STOXX 50® Index as well as extending our coverage of the STOXX 600® index components", said Peter Reitz, member of the Eurex Executive Board. "We will provide our customers with extended cross-margining opportunities as we offer trading of derivatives on all the major European blue-chip stocks on one platform." The new options will be denominated in euro. Eurex and Eurex Clearing have been officially recognized by statutory instruments as financial intermediaries in Ireland and will thus be exempted from Irish stamp duty taxation. Additionally, the customer business of all Eurex Clearing members will also automatically be exempted. The new suite of options will have maturities of up to two years. To support order book trading, a market-making scheme will be offered to ensure order book liquidity. During the first five months of trading, supporting market makers can qualify for a 50 percent revenue sharing program that will last for two years. Trading hours will be from 9:00 am until 17:28 pm CET. Average daily volume of 11.8 million contracts at Eurex Group in March Eurex Exchange: segment equity index derivatives increases by 40 percent y-o-y/ Eurex Repo continues to grow in all markets In March 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 11.8 million contracts (March 2010: 10.0 million). Of those, 8.7 million were Eurex Exchange contracts (March 2010: 7.1 million), and 3.1 million contracts (March 2010: 3.0 million) were traded at the U.S.-based International Securities Exchange (ISE). The significant growth of Eurex Exchange turnover is due to the increasing use of exchange-traded and centrally cleared derivatives in the current market environment, which was driven by high volatility and uncertainty. In total, 199.1 million contracts were traded at Eurex Exchange and 70.5 million at the ISE. In its largest segment – equity index derivatives – Eurex Exchange grew by 40 percent and achieved 97.2 million contracts (March 2010: 69.5 million), of these 55.4 million were index futures and 41.8 million were index options. Futures on the EURO STOXX 50® Index stood at 46.1 million contracts and 32.1 million on the index options. Futures on the DAX index totaled 4.9 million contracts while the DAX options reached another 8.2 million contracts. The Eurex KOSPI Product recorded approximately 217,000 contracts, an ADV of almost 10,000 contracts. The equity derivatives (equity options and single stock futures) segment at Eurex Exchange recorded 32.1 million contracts (March 2010: 36.4 million). Thereof, equity options totaled 25.7 million contracts and single stock futures equaled another 6.4 million contracts. Eurex Exchange’s interest rate derivatives segment grew by 21 percent and achieved 69.0 million contracts (March 2010: 57.3 million). The Euro-Bund-Future reached 25.0 million contracts, the Euro-Bobl-Future 16.6 million contracts and the Euro-Schatz-Future 20.1 million contracts. The Euro-BTP-Future totaled more than 220,000 contracts and the Short Term Euro-BTP-Future approximately 75,000 contracts. The segment dividend-based derivatives continued to grow and recorded approximately 467,000 contracts, an increase of 32 percent. Volatility derivatives totaled 148,000 contracts. Eurex Repo, which operates CHF-, EUR repo and GC Pooling markets, reported continued growth. All Eurex Repo markets grew by 48 percent in March 2011 and achieved 271.3 billion euro average outstanding volume (March 2010: 183.6 billion euro). The secured money market GC Pooling recorded an average outstanding volume of 98.7 billion euro, an increase of 23 percent year-on-year (March 2010: 80.5 billion euro). The EUR Repo Market reached an average outstanding volume of 126.7 billion euro in March, an increase of 24 percent y-o-y. The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded 10.1 billion euros (single counting) in March, compared to 13.3 billion euros in March 2010. In February 2011, volume was 8.1 billion euros.Statistics March 2011 EEX Supervisory Board approves transfer of LBBW shares New majority shareholder Eurex Zürich AG increases holding to 56.14 percent In today’s regular Supervisory Board meeting of the European Energy Exchange AG (EEX), board members unanimously approved the transfer of all shares in EEX previously held by Landesbank Baden-Württemberg (LBBW), totaling 22.96 percent. After meeting all of the terms set out by the agreement concluded between the two EEX shareholders, Eurex Zürich AG (Eurex) and LBBW at the end of December 2010, Eurex will acquire the majority of LBBW’s shares.In accordance with the consortium agreement and the contractually agreed upon rights of tender contained therein, LBBW was obligated to offer its shares on a pro rata basis to other EEX shareholders. 31 of these 40 EEX shareholders chose to forego a proportional increase in their stake during the tendering process. Eurex’s current shareholding of 35.23 percent in EEX will therefore rise to 56.14 percent (an increase of 20.91 percentage points). Eurex will pay approximately EUR 65 million to LBBW for the shares acquired.The transaction has been approved by the relevant supervisory bodies, including the Exchange Supervisory Authority in Saxony, the Federal Financial Supervisory Authority (BaFin) and the German Federal Cartel Office. The necessary approval has also been granted by the bodies of the seller (LBBW) and the buyer (Eurex Zürich AG). Together with the approval of the EEX Supervisory Board, this means that all of the conditions for the immediate execution of the transaction have now been fulfilled. About EEXThe European Energy Exchange (EEX) develops, operates and connects secure, liquid and transparent markets. EEX holds 50 percent of the shares in EPEX Spot SE, which operates the Power Spot Market for Germany, France, Austria and Switzerland. German and French power derivatives trading is concentrated within EEX Power Derivatives GmbH, a majority-owned EEX subsidiary based in Leipzig. Furthermore, EEX offers spot and derivatives trading in natural gas and CO2 emission rights as well as trading in financial coal futures. EEX Group also includes European Commodity Clearing AG (ECC), the central clearing house for energy and related products in Europe. Eurex Clearing prepares for upcoming regulatory reforms by expanding its services to interest rate and equity swaps New services focus on risk management and safety for OTC derivatives/ Client Asset Protection solution to be launched in Q2 2011 Frankfurt/Main, Boca Raton - Eurex Clearing, Europe's leading clearinghouse, announced today that it plans to expand its Eurex OTC Clear service to include OTC-traded interest rate and equity derivatives. The new services will be introduced in the context of the upcoming regulatory reforms expected to require mandatory clearing for standardized OTC derivatives in the U.S. and Europe. Currently, Eurex's OTC Clear service comprises OTC-traded Eurex look-alike futures and options on equities and interest rates as well as Eurex Credit Clear, a clearing service for OTC credit default swaps. In 2010, Eurex Clearing processed 774 million contracts in OTC-traded products. "The further expansion of our product coverage is an important part of our strategic agenda enabling our customers to prepare for the new regulatory environment", said Thomas Book, Eurex Executive Board member responsible for Eurex Clearing. "We will offer all clearing services in the relevant asset classes to our clearing members and buy-side clients to comply with new requirements in the most effective and capital efficient way."In addition to the expansion of the Eurex OTC Clear service, Eurex Clearing's strategic agenda includes two further major initiatives focusing on risk management and safety for OTC derivatives. First, Eurex Clearing will introduce a new Client Asset Protection service for its listed and OTC markets, which will be launched beginning in Q2 2011 in close coordination with market participants. The Client Asset Protection service will offer full protection of client assets within the clearinghouse and allow for immediate portability of positions and assets in case of a clearing member default. Second, Eurex Clearing plans to introduce a new risk methodology for the clearinghouse, which will be portfolio-based rather than instrument focused as in many current CCP risk management approaches. The new portfolio-based risk methodology will allow cross-margining between Eurex's listed derivatives and OTC interest rate swaps and equity derivatives (except CDS), offering buy-side and sell-side firms significant margin and collateral efficiencies. "Our objective is to be the industry leader in risk management standards. The new risk management approach will further contribute to the safety of the derivatives market, while delivering capital efficiencies to our clients by providing offsets particularly between Eurex's listed derivatives and OTC-traded derivatives," explained Book.About Eurex ClearingEurex Clearing AG is one of the world’s leading clearing houses. It offers fully automated and straight-through post trade services combined with an industry-leading risk management for derivatives, equities, repo and fixed income transactions traded at major international exchanges and trading platforms. The offering comprises flexible trade management functions, advanced risk management services, efficient collateral and delivery management tools. As a central counterparty, its focus is to increase market integrity. Eurex Clearing AG is a wholly owned subsidiary of Eurex Frankfurt AG. Eurex KOSPI Product hits important milestone More than 500,000 contracts traded since the launch of the Eurex/KRX Link The Eurex KOSPI Product exceeded 500,000 traded contracts last Friday for the first time since its launch on 30 August 2010. Average daily volume has been increasing steadily, reaching more than 11,000 contracts in March 2011. On 18 January, Eurex achieved a new daily record of more than 64,000 traded contracts."Our Eurex KOSPI Product has been very successful since its introduction," said Michael Peters, Eurex Executive Board member. "This is due to our close partnership with the Korea Exchange to offer our customers access to the most widely traded index derivative contract in the world. Our participants do not only trade via the order book but also use our block trading functionality, which allows members to place OTC transactions directly and efficiently into the Eurex clearing system." Currently, block trades of this product can only be executed on Eurex."The Eurex KOSPI Product is a linked derivative product that provides more convenient access to KOSPI 200 Options for European customers," said In-Soo Kim, KRX executive director. "This milestone reflects the high acceptance of the Eurex KOSPI Product as an investment tool for global investors. KRX and Eurex will continue to work closely together with market participants to develop ways to further increase liquidity in the Eurex KOSPI Product."Volumes are expected to rise as KRX and Eurex further develop the after-hours market for the world’s most widely traded derivatives contract. Bid-ask spreads for the Eurex KOSPI Product have narrowed considerably, and the number of active end-customers as well as Eurex and KRX members continues to expand rapidly. Currently, eleven KRX and Eurex members are active in the Eurex KOSPI Product, among them two market makers. There are 12 additional KRX and Eurex members who are preparing to participate in the Eurex/KRX Link.The Eurex KOSPI Product is a daily futures contract based on the KOSPI 200 options available on the Korea Exchange (KRX). The futures contracts expire at the end of each trading day and any open positions are transferred to KRX to establish a position in the KOPSI 200 option. This product cooperation between Eurex and KRX enables market participants to trade KOSPI 200 options during European and North American trading hours. Average daily volume of 10.3 million contracts at Eurex Group in February Eurex Repo continues to grow in all markets In February 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.3 million contracts (Feb 2010: 10.6 million). Of those, 7.1 million were Eurex contracts (Feb 2010: 7.45 million), and 3.2 million contracts (Feb 2010: 3.15 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 142.1 million contracts were traded at Eurex and 61.0 million at the ISE.In its largest product segment – equity index derivatives – Eurex Exchange achieved 58.4 million contracts (Feb 2010: 67.1 million), thereof 28.1 million were index futures and 30.3 million were index options. Futures on the EURO STOXX 50 Index stood at 23.9 million contracts and 23.6 million on the options of this index. Futures on the DAX index totaled 2.6 million contracts while the DAX options reached another 5.5 million contracts.The equity derivatives (equity options and single stock futures) segment at Eurex Exchange grew slightly and recorded 34.4 million contracts (Feb 2010: 32.7 million). Thereof, equity options totaled 29.1 million contracts and single stock futures equaled another 5.3 million contracts.Eurex Exchange’s interest rate derivatives segment achieved 48.6 million contracts (Feb 2010: 48.7 million). The Euro-Bund-Future reached 16.6 million contracts, the Euro-Bobl-Future 11.1 million contracts and the Euro-Schatz-Future 14.1 million contracts. The Euro-BTP-Future totaled more than 155,000 contracts and the Short Term Euro-BTP-Future more than 51,000 contracts. The Euro-Schatz-Option hit a new monthly record with 3.3 million contracts for the second consecutive time.Dividend-based derivatives continued to grow and recorded approximately 491,000 contracts. Volatility derivatives totaled 138,500 contracts.Eurex Repo, which operates CHF-, EUR repo and GC Pooling markets, reported continued growth in all segments. All Eurex Repo markets grew by 38 percent and achieved 262.0 billion euro. The secured money market GC Pooling recorded an average outstanding volume of 92.6 billion euro, an increase of 16 percent year-on-year. The EUR Repo Market reached an average outstanding volume of 117.8 billion euro, an increase of 18 percent y-o-y.The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded 8.1 billion euros (single counting) in February, compared to 8.6 billion euros in February 2010. In January 2011, volume was 14.6 billion euros.Statistics February 2011 Eurex to acquire a majority share in European energy exchange EEX Eurex Zürich AG's stake will grow to over 50 percent/ Purchase price of EUR 7.75 per share Eurex and the European Energy Exchange (EEX) announced today that Eurex will become the new majority shareholder in the EEX. Eurex and Landesbank Baden-Württemberg (LBBW) agreed to the acquisition of LBBW's 22.96 percent share in the EEX by Eurex in December 2010. However, under the pre-emption rights laid out in the consortium agreement, LBBW is obligated to offer its share on a pro rata basis to other EEX shareholders. The first round of the tender process was concluded on 22 February, 31 of the 40 eligible EEX shareholders declared that they would forgo a proportional increase in their stake. As a result, Eurex's current shareholding in the EEX of 35.2 percent will increase to over 50 percent. The exact shareholding will be determined in the second stage of the tender process, which immediately follows the first round.By achieving a majority share by Eurex Zürich AG, the final price for the shares to be acquired will be EUR 7.75. This consists of the strike price of EUR 7.15 per share and a premium of EUR 0.60 per share because Eurex becomes the majority shareholder.The necessary approval has already been granted by the boards of the seller, LBBW, and the buyer, Eurex Zürich AG. The Supervisory Board of EEX still has to agree to the transfer of LBBW’s shares. The transaction also requires the approval of further regulatory bodies. The Exchange Supervisory Authority in Saxony and the German Federal Cartel Office have already given their consent.Eurex's aim with the acquisition is to strengthen the long-term competitive position of the EEX. To this end, Eurex, the State of Saxony and the City of Leipzig have concluded an agreement which aims to maintain current EEX jobs in Leipzig and expand Leipzig as a centre of expertise for energy products. In addition, it is planned that the EEX will be able to increase its use of Eurex’s international locations in Europe, America and Asia and benefit from its global participant network.About EEXThe European Energy Exchange (EEX) develops, operates and connects secure, liquid and transparent markets. EEX holds 50 percent of the shares in EPEX Spot SE, which operates the Power Spot Market for Germany, France, Austria and Switzerland. German and French power derivatives trading is concentrated within EEX Power Derivatives GmbH, a majority-owned EEX subsidiary based in Leipzig. Furthermore, EEX offers spot and derivatives trading in natural gas and CO2 emission rights as well as trading in financial coal futures. EEX Group also includes European Commodity Clearing AG (ECC), the central clearing house for energy and related products in Europe. BTP futures hit record volumes in early 2011 The international derivatives exchange Eurex released today that its Euro-BTP Futures product suite had a very successful start into 2011. These futures are based on notional long and short-term debt instruments issued by the Republic of Italy (Buoni del Tesoro Poliennali, or BTP). The average daily volume (ADV) for the long-term Euro-BTP contract (FBTP) in January 2011 has grown about 25 percent year-on-year (y-o-y), totaling 6,800 contracts. The ADV of the Short-term Euro-BTP futures was 2,400 in January and continues to rise. Both contracts also had daily record volumes due to Ireland’s credit downgrade, with the Euro-BTP future at 18,289 contracts on 2 February and the Short-term Euro BTP future at 6,829 contracts on 3 February 2011 (excluding daily volumes during roll period).The open interest on the two contracts has also grown steadily. As of 17 February 2011 open interest on the FBTP is 30,175 compared to an open interest of nearly 20,000 in January 2010. This represents a growth rate of approximately 50 percent y-o-y. For the short-term BTP futures, open interest is 13,124 as of 17 February 2011. The main users are Italian and Spanish customers as well as institutional clients (asset managers) who run European bond portfolios that are partially hedged with a mixture of German and Italian government bond futures. Launched in September 2009, the long-term BTP future is part of Eurex’s benchmark interest rate derivatives segment and aims to offer an appropriate hedge for all non-triple A-rated European government bonds and potentially other interest rate bearing instruments (i.e. swaps). Furthermore, the futures add value to the Italian government bond market by enriching the basis and repo trading opportunities. In October 2010, Eurex introduced the short-term BTP contract to further complement its interest rate derivatives offering. Eurex introduces new European-style options on German stocks Launch on 21 February/ Maturities extended on existing German and Russian options The international derivatives exchange Eurex today announced that it will launch 11 new equity options on leading German companies on 21 February 2011. The options will be on Allianz, BASF, Bayer, Commerzbank, Daimler, Deutsche Bank, Deutsche Telekom, EON, RWE, SAP and Siemens. The 11 new contracts will have European exercise styles, whereas the rest of Eurex’s equity options follow American exercise styles. European-style options may be exercised only on the expiry date while American-style options may be exercised at any time before the expiry date. All other contract specifications are consistent with Eurex’s existing equity options products, including eligibility for Eurex’s Block Trade Facility.Separately, the expiration dates of German equity options will be consistently set to 60 months. Effective 14 February, this change allows the introduction of two semi-annual and two annual expiration dates for certain contracts.Similarly, the expiration dates for Russian equity options will be extended to 24 months, with two semi-annual expirations dates for all contracts. Currently, Eurex offers options on 72 German shares and four Russian companies. Eurex introduces dividend futures on UK underlyings Trading starts on 24 February/ Trading volume of all dividend derivatives grows 36 percent year-on-year International derivatives exchange Eurex will be launching new dividend futures on 24 February based on the dividends of thirteen UK equities: Anglo American, AstraZeneca, Barclays, BHP Billiton, BP, BT Group, Diageo, GlaxoSmithkline, HSBC Holdings, Rio Tinto, Royal Dutch Shell, Tesco and Vodafone. These new dividend futures expand the existing Eurex range of exchange-listed dividend derivatives, currently comprising five index dividend futures, 66 futures on single stock dividends and one option on the EURO STOXX 50 dividend future. The entire dividend derivative segment has grown year-on-year by 36 percent in terms of average trading volume."There is great demand for dividend contracts among our participants, so we worked together to expand the product range," explained Eurex Executive Board member Peter Reitz. "Now for the first time, the dividends from single stocks in GBP and USD can be hedged with an exchange product."The specifications of the new contracts largely correspond to existing dividend products. A designated market-making program will be offered for the new dividend futures from the start in order to make prices in the order book continuously available and to support trading activity. Eurex will be offering annual contracts denominated in Pounds Sterling, US dollars and euros with maturities between December 2011 and December 2015.The trading volume of Eurex dividend derivatives traded on-exchange and cleared via the central counterparty has grown continuously since introduction in 2008. The average volume traded daily at the end of January was around 24,000 contracts, of which around 21,500 were futures and 2,400 dividend options. The dividend option exceeded 50,000 contracts in one month for the first time in January 2011 – a new record. The single stock dividend futures recorded their second-best month with over 120,000 contracts, of which around 19,000 were recently introduced Swiss products, which thus recorded their best trading month. 10.4 million contracts per trading day at Eurex Group in January Significant growth year-on-year for equity and interest rate derivatives segments at Eurex Exchange In January, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.4 million contracts (Jan 2010: 10.8 million). Of those, 7.1 million were Eurex Exchange contracts (Jan 2010: 7.0 million), and 3.3 million contracts were at the U.S.-based International Securities Exchange (ISE) (Jan 2010: 3.75 million). In total, 214.7 million contracts were traded, thereof 148.6 million at Eurex and 66.1 million at the ISE.Eurex Exchange achieved 59.2 million contracts in its equity index segment – the largest product segment, compared with 63.4 million contracts in January 2010. Futures on the EURO STOXX 50® Index stood at 24.7 million contracts while 24.0 million options were traded on this index. Futures on the DAX totaled 2.8 million contracts while the DAX options reached another 5.1 million contracts.The equity derivatives (equity options and single stock futures) segment grew by 11 percent and achieved 40.9 million contracts (Jan 2010: 36.8 million). Thereof, equity options totaled 29.7 million contracts and single stock futures equaled another 11.2 million contracts.The interest rate derivatives segment increased by 21 percent and achieved 47.9 million contracts (Jan 2010: 39.6 million). The Euro-Bund-Future reached 17.5 million contracts in January, the Euro-Bobl-Future 10.7 million contracts and the Euro-Schatz-Future 12.0 million contracts. The Euro BTP future totaled almost 128,000 contracts and the Short Term Euro-BTP-Future almost 49,000 contracts. The Euro-Schatz-Option hit a new monthly record of almost 2.9 million contracts.Dividend derivatives traded more than 500,000 contracts, an increase of 36 percent year-on-year (y-o-y). Volatility derivatives totaled at 136,000 contracts.In January 2011, Eurex Repo reported growth in all markets. Its secured money market GC Pooling recorded an average outstanding volume of 88.8 billion euros, which is up 13 percent y-o-y. The EUR Repo market grew by 20 percent, totaling 113.9 billion euros. All Eurex Repo markets achieved an average outstanding volume of 249.1 billion euros, an increase of 29 percent y-o-y.The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, grew in January 2011 by 88 percent y-o-y and recorded a volume of 14.6 billion euros (single counting) compared to 7.7 billion euros the previous year. In December 2010, the figure was 6.8 billion euros.Statistics January 2011 Exchange Council of Eurex re-elects Gustav Gass as chairman At its constituent meeting on Thursday, 27 January 2011, the Exchange Council of Eurex Deutschland re-elected its Chairman as well as the Vice Chairman for a period of three years. Gustav Gass, CEO Gass Capital Markets GmbH, was again appointed as Chairman and Lars Hille, board member of DZ Bank AG, will continue to be Vice Chairman.Prof. Lutz Johanning, WHU – Otto Beisheim School of Management, and David Alan Martin, J.P. Morgan Securities Ltd., have been elected to serve as investor representatives on the Council.The Exchange Council consists of 18 members and was elected on 25 November 2010. Eurex’s approximately 410 trading members were eligible to vote.The Exchange Council is the highest controlling and supervisory body of an exchange. Its main responsibilities are the supervision of the Exchange’s Executive Board as well as the enactment of Exchange Rules. Eurex to launch equity options with weekly expirations for the first time Launch set for 24 January 2011 The international derivatives exchange Eurex will introduce equity options with weekly expiration dates on 24 January 2011. This is the first time that weekly options on individual stocks will be available on Eurex. The Eurex Weekly Equity Options will be listed as separate contracts and will initially comprise derivatives based on shares of Daimler, Deutsche Bank, Deutsche Telekom and Nokia (four per underlying stock).Eurex will offer Weekly Equity Options for the first, second, fourth and fifth Friday of a calendar month, complementing the standard equity options series, which expires on the third Friday of every month. All other contract specifications will correspond to those of Eurex’s existing equity options.Weekly options have been available on the EURO STOXX 50 and DAX indices since April 2006. Their success with market participants is illustrated by their trading volumes: In 2010 more than 2.6 million contracts were traded. Eurex increases the attractiveness of its Trader Development Program in 2011 Initiative entering its fifth year/ Extension for 2010 participants possible based on performance/ New incentives to be introduced The 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. These include educational and training services as well as fee waivers.Further, 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. It grants 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. It currently includes 625 traders from 27 locations."Our Trader Development Program has attracted a growing pool of active market users worldwide. 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", said Michael Peters, member of the Eurex Executive Board.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. Total trading volume at Eurex Group at 2.64 billion contracts in 2010 Stable average daily volume in 2010 with approximately 10.4 million contracts/ Eurex turnover of almost 122 million contracts in December 2010/ Eurex Repo with strong growth in all markets in 2010 The international derivatives markets of Eurex Group ended 2010 with a turnover of approximately 2.64 billion contracts, compared with 2.65 billion in 2009. The total volume for 2010 splits into 1.9 billion contracts traded at Eurex (2009: 1.7 billion) and 745.2 million contracts traded at the International Securities Exchange (ISE) (2009: 960.2 million). This corresponds to a daily average trading volume of 10.4 million contracts compared with 10.5 million in 2009.At Eurex, equity index derivatives was the largest segment in 2010 with a total volume of 805.1 million contracts (2009: 797.5 million). Derivatives on the EURO STOXX 50® index were the largest single product with 372.2 million futures and 284.7 million options. The equity derivatives segment (options and single stock futures) saw 511.1 million contracts (2009: 421.3 million). In 2010, the interest rate derivatives segment reached a total of 574.8 million contracts (2009: 465.7 million). The segment dividend derivatives recorded the strongest growth of 78 percent with 4.5 million contracts. Statistics for December 2010In December 2010, the Eurex Group derivatives markets reached an average daily volume of 8.3 million contracts with 5.8 million contracts traded at Eurex (Dec 2009: 6.15 million) and 2.5 million contracts traded at the ISE (Dec 2009: 2.7 million). A total of 177.8 million contracts were traded on both exchanges in December 2010 with 121.8 million (Dec 2009: 123.0 million) at Eurex and 56.0 million contracts (Dec 2009: 59.8 million) at ISE.At Eurex Exchange, equity index derivatives recorded the highest turnover among all product segments in December 2010 with 56.1 million contracts (Dec 2009: 54.5 million). The top equity index derivative was the future on the EURO STOXX 50 index with 26.3 million contracts; another 18.3 million options on this index were also traded.A total of 25.6 million contracts were traded in the equity derivatives segment, compared with 29.0 million in Dec 2009. Within this segment, equity options traded 20.1 million contracts and single stock futures another 5.5 million contracts.A total of 39.6 million contracts were traded in the interest rate derivatives segment in December 2010, compared with 39.2 million in the same period last year.Statistics for Eurex Repo and Eurex BondsEurex Repo, which operates CHF repo, EUR repo and GC Pooling markets, continued to grow in 2010. The three Eurex Repo markets grew by 14 percent and reached an average outstanding volume of 221.7 billion euros. Thereof, the secured money market GC Pooling hit a new record with an average outstanding volume of 91.6 billion euros, an increase of 25 percent y-o-y; the EUR repo market totaled at the new peak of 114.5 billion euros and the CHF repo market achieved the new record of 107.2 billion euros.In December 2010, all Eurex Repo markets grew by 39 percent y-o-y, reaching an average outstanding volume of 274.1 billion euros. Thereof GC Pooling reached a new record figure of 110.9 billion euros (Dec 2009: 84.3 billion euros) and the EUR repo market reached a record outstanding volume of 133.8 billion euros, an increase of 35 percent.The electronic trading platform Eurex Bonds, which rounds out Eurex’s fixed-income product range, traded 6.8 billion euros (single counting) in December 2010 compared to 5.2 billion euros in December 2009.In 2010, Eurex Bonds traded a total volume of 101.6 billion euros (single counting), compared with 87.3 billion euros in 2009.Statistics Year 2010 and December 2010 ISE Introduces Weekly FX Options more ISE and AlphaClone Announce Partnership more ISE To List Facebook Options on May 29 more ISE Wins Patent Case Appeal more ISE Introduces Implied Order Functionality more ISE Receives Award for Most Proactive Exchange ETF Options more ISE Reports Business Activity for April 2012 more ISE Launches ISE Premium Hosted Database more ISE Reports Business Activity for March 2012 more ISE Enhances Its Trading Platform with Optimise 3.0 more ISE Files to Trade Options on ISE MAX SPY more ISE Publishes Optimise Performance Metrics more Tibra Joins ISE as CMM more ISE Reports Business Activity for February 2012 more ISE Introduces Premium Access Connectivity more ISE Named Best Exchange Client Service at Wall Street Letter 2012 Institutional Trading Awards more ISE Reports Business Activity for January 2012 more ISE Reports Business Activity for December and Full Year 2011 more ISE Introduces Latency Improvements in Optimise 2.0 Release more ISE Introduces ISE SPY Bear Option Overlay Index and ISE SPY Bull Option Overlay Index more ISE Introduces Quoting in Its Complex Order Book more ISE Reports Business Activity for November 2011 more ISE Completes Latest Optimise Upgrade more First EIB Auction to be held on 7 June 2012 - Federal Ministry for the Environment increases weekly auction volume on EEX Primary Market for EmissionsIn the framework of the NER 300 Initiative of the European Investment Bank (EIB) the European Energy Exchange (EEX) will launch auctions of EU allowances (EUAs). more EEX: First EIB Auction to be held on 7 June more German Emissions Trading Registry to close on 03 June 2012 at 10:00 CEST, Union Registry to open on 20 June 2012 at 12:00 CEST - EEX Emission Spot Trading and Auctioning of EU Emission Allowances will not ceaseDear Trading Participants, The EU Commission has announced that from 03 June 2012 at 10:00 CEST, the operation of national registries will be suspended and account holders will not be able to access registry accounts, including allowances held in these accounts. more EEX to launch GASPOOL Season Contracts more EEX to launch GASPOOL-Natural-Gas-Season-FuturesDear Trading Participants, The European Energy Exchange will expand its product range with the introduction of GASPOOL-Natural-Gas-Season-Futures. more EEX creates Solution for Market Participants in Fulfilling REMIT Reporting Requirements more Maintenance Window on EEX Spot Natural Gas 24/7 MarketDear Trading Participants, We would like to inform you about the maintenance window on the EEX Spot Natural Gas 24/7 Market which is planned from 08/05/2012 to 09/05/2012. more ComXerv 3.5 Release Migration of the EEX EUA Spot Market and launch of EUAA Spot MarketDear Trading Participants, With this Customer Information we would like to inform you about the implementation of the ComXerv 3.5 Release and provide you further details regarding the migration of the EUA Spot Market. more EEX Trading Results in April more EPEX SPOT / EEX Power Derivatives: Power Trading Results in April more EEX launches Derivatives Market for EUAA and ERU - CF Partners new Liquidity Provider more EEX Final Settlement Prices French Financial Futures April 2012Dear Sir or Madam, Please find below the Final Settlement Prices of the French Financial Futures contracts April 2012 Baseload and Peakload. more EEX Final Settlement Prices Phelix Futures April 2012Dear Sir or Madam, Please find below the Final Settlement Prices of the Phelix Futures April 2012. more EEX Final Settlement Price NBP Natural Gas Futures May 2012Dear Sir or Madam, Please find below the Final Settlement Price of the NBP Natural Gas Futures contract May 2012. more EEX Final Settlement Prices Natural Gas Futures May 2012Dear Sir or Madam, Please find below the Final Settlement Prices of the Natural Gas Futures contracts for May 2012 for NCG and GPL. more EEX Final Settlement Prices French Power Futures May 2012Dear Sir or Madam, Please find below the Final Settlement Prices of the French Power Futures contracts May 2012 Baseload and Peakload.<br /> more Financial Year 2011: EEX achieves Record Result in a Difficult Market Environment more Availability of the EU Aviation Allowances Futures and Emission Reduction Units Futures - New Market Making Scheme and Market Message Service for the EEX Emission MarketsDear trading participants, As already announced in the Customer Information 2012-03-19, EEX will launch the new EU Aviation Allowances (FEAA) Futures and Emission Reduction Units (FERU) Futures on 30 April 2012. more EEX Carries Out Fifth Dutch Primary Market Auction more EEX Trading Results in March more EPEX SPOT / EEX Power Derivatives: Power Trading Results in March more Maibaum leaves EEX more New Participant: Freepoint Commodities Europe LLPFreepoint Commodities Europe LLP has been admitted to trading on the EEX Spot Market for Natural Gas as well as on the EEX Derivatives Market for Power, Natural Gas, Emission Allowances and Coal. more Prevention of Sales Tax Fraud in Power and Gas Trading: EEX welcomes Legislative Amendments in France and the Netherlands more European Investment Bank joins EEX and ECC for NER 300 transactions more EEX Carries Out Fourth Dutch Primary Market Auction more EEX offers Eurex participants further trading possibilities in the commodity segment more New Participant: JAS Budapest Zrt.JAS Budapest Zrt. has been admitted to trading on the EEX Derivatives Market for Power in Phelix Futures, Phelix Options and French Financial Power Futures. more New Participant Spot Market Emission Rights: Gunvor International B.V.Gunvor International B.V. has extended its admission to trading on the EEX Spot Market for Emission Rights. more Exchange Council Meeting: EEX establishes Position for itself for the Third EU ETS Trading Period - Introduction of new emission trading products Simplification of exchange trader training Discussion on REMIT requirements for the trading participants more New Participant: UPM-Kymmene OyiUPM-Kymmene Oyi has been admitted to trading on the EEX Derivatives Market for Power, Emission Rights and Coal. more EEX executes third Lithuanian EUA Auction more New Participant: Koch Commodities Europe LimitedKoch Commodities Europe Limited has been admitted to trading on the EEX Derivatives Market for Power, Emission Rights and Coal. more EEX Natural Gas Trading reaches New Volume Record More than 1.5 TWh traded in the GASPOOL Spot Market Area for the first time Incentive model and Market Message Service support trading more New Participant EEX Spot and Derivatives Market: Tauron Polska Energia S.A.Tauron Polska Energia S.A. has been admitted to trading on the EEX Spot Market for Emission Allowances and EEX Derivatives Market for Emission Allowances and Coal. more EPEX SPOT / EEX Power Derivatives: Power Trading Results in February more EEX Trading Results in February more New Participant: Erdgas Münster GmbHErdgas Münster GmbH has been admitted to trading on the EEX Spot Market for Natural Gas in the market areas GASPOOL and NCG. more EEX is awarded Contract for the Transitory Auction Platform for Germany more EEX Carries Out Third Dutch Primary Market Auction more EEX/ECC: OTC Clearing Service for NBP Natural Gas Futures starts with a Fee Holiday more New Participant Natural Gas Spot and Derivatives Market NCG: PGNiG Sales & Trading GmbHPGNiG Sales & Trading GmbH has extended its admission to trading on the EEX Spot and Derivatives Market for Natural Gas in the market area NCG. more New Participant EEX Derivatives Market: Energiehandelsgesellschaft West mbHEnergiehandelsgesellschaft West mbH has extended its admission to trading on the EEX Derivatives Market for Power and Emission Allowances. more EEX: Third Auction for Lithuania to take place on 15 March more Steffen Köhler appointed as New Member of the EEX Board more New Participant Options: BP Gas Marketing LimitedBP Gas Marketing Limited has extended its admission to trading Phelix Options on the EEX Derivatives Market for Power as well as EU Carbon Options on the EEX Derivatives Market for Emission Rights. more EEX launches CO2 Products for Airline Industry more New Participant Natural Gas Spot Market TTF: Electrabel S.A.Electrabel S.A. has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more EEX sets New Daily Record on the Gas Market more EEX Trading Results in January more EPEX SPOT / EEX Power Derivatives: Power Trading Results in January more New Participant: PGNiG Sales & Trading GmbHPGNiG Sales & Trading GmbH has been admitted to trading on the EEX Spot Market for Emission Allowances and Natural Gas (GASPOOL) as well as on the Deriviatives Market for Power, Emission Allowances and Coal. more New Participant Natural Gas Spot and Derivatives Market NCG: Stadtwerke Düsseldorf AGStadtwerke Düsseldorf AG has extended its admission to trading on the EEX Spot and Derivatives Market for Natural Gas in the market area NCG. more EEX executes second Lithuanian EUA Auction - Lithuanian Ministry of the Environment extends contract with EEX more EEX presents Excellence Award more EEX launches Incentive Scheme on the Natural Gas Spot Market more EEX opens Office in Brussels Energy Commissioner Günther Oettinger welcomes EEX to Brussels Political presence at the European level expanded more New Participant Natural Gas Spot Market TTF: Mercuria Energy Trading S.A.Mercuria Energy Trading S.A. has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more EEX to launch OTC Clearing for NBP Gas Futures on 29 February more New Participant Phelix Options: Tradition (Dubai) Ltd.Tradition (Dubai) Ltd. has extended its admission to trading Phelix Options on the EEX Derivatives Market for Power. more EEX Review of 2011 EEX asserts itself in a difficult market environment Boom in short-term trading Natural Gas Market reaches record level more 2011 in Retrospect: Transparency in Energy Markets improved continuouslyGeneration data from Austria In total 40 reporting companies for the market area Germany/Austria 94 % data coverage for Germany 100 % data coverage for Austria Publication requirements supplemented IT security and performance improved further more New Participant Natural Gas Spot and Derivatives Market: Hess Energy Power & Gas Company (UK) Ltd.Hess Energy Power & Gas Company (UK) Ltd. has extended its admission to trading on the EEX Spot and Derivatives Market for Natural Gas. more EEX Trading Results in December more EPEX SPOT / EEX Power Derivatives: Power Trading Results in December more New Participant French Financial Power Futures: Goldman Sachs InternationalGoldman Sachs International has extend its admission to trading French Financial Power Futures on the EEX Derivatives Market for Power. more EEX Transparency Platform will be extended to data for Czech Republic in early 2012 more EEX executes first Lithuanian Primary Market Auction more Exchange Council appoints Peter Reitz to the Management Board of the Exchange French Futures switched to financial settlement Report on EUA Primary Market Auction Election committee appointed more EEX Trading Results for Emission Rights in November more EEX Natural Gas Trading reaches New Monthly Record New record on the Spot Market More than 10 TWh traded for the first time more EPEX SPOT / EEX Power Derivatives: Power Trading Results in November more EEX Carries Out Second Dutch Primary Market Auction more EEX establishes Natural Gas Spot Market in the TTF MarketArea more New Participant Power Derivatives: KOM-Solution GmbHKOM-Solution GmbH has extended its admission to trading on the EEX Derivatives Market for Power. more New Participant Natural Gas Spot Market TTF: GETEC Energie AGGETEC Energie AG has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more EEX records rising volumes on the Natural Gas Derivatives Market - Incentive scheme still available until the end of the year more EEX to carry out EUA Auctions for Lithuania more EEX optimises Market Access via Trayport® GlobalVision Portal - Central portal reduces expenses for the customers Communicator software replaced by GlobalVision Portal more EEX Trading Results in October more EPEX SPOT / EEX Power Derivatives: Power Trading Results in October more EEX: Record Volume on the Natural Gas Spot Market - More than 2.5 TWh of natural gas traded in one month more EEX executes first Dutch Primary Market Auction more New Participant EEX Derivatives Market: GEN-I d.o.o.GEN-I d.o.o. has extended its admission to trading on the EEX Derivatives Market for Emission Rights and Coal. more New Participant Spot Market Emission Rights: GDF Suez Trading SASGDF Suez Trading SAS has extended its admission to trading on the EEX Spot Market for Emission Rights. more New Participant Natural Gas Spot Market TTF: DELTA Energy B.V.DELTA Energy B.V. has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more New Participant: Tauron Polska Energia S.A.Tauron Polska Energia S.A. has been admitted to trading on the EEX Derivatives Market for Power in Phelix Futures, Phelix Options and French Financial Power Futures. more New Participant: Stadtwerke Heidenheim Wärmeservice GmbHStadtwerke Heidenheim Wärmeservice GmbH has been admitted to trading on the EEX Spot Market for Natural Gas in the market area NCG as well as on the EEX Derivatives Market for Power, Natural Gas, Emission Rights and Coal. more Trading in French Financial Futures scheduled to start on 24 November more EEX admits Dutch Emissions Trading Registry NEa for the Primary Market Auction more New Participant Natural Gas Spot Market TTF: ENOI S.p.A.ENOI S.p.A. has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more New Market Maker on the Natural Gas Spot Market more New Participant Natural Gas Spot Market TTF: EnBW Trading GmbHEnBW Trading GmbH has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more New Participant French Power Futures: Danske Commodities A/SDanske Commodities A/S has extended its admission to trading French Power Futures on the EEX Derivatives Market for Power. more New Participant: 50Hertz Transmission GmbH50Hertz Transmission GmbH has been admitted to trading on the EEX Derivatives Market for Power. more New Participant Natural Gas Spot and Derivatives Market GASPOOL: BP Gas Marketing LimitedBP Gas Marketing Limited has extended its admission to trading on the EEX Spot and Derivatives Market for Natural Gas in the market area GASPOOL. more EEX Trading Results in September more EPEX SPOT / EEX Power Derivatives: Power Trading Results in September more New Market Maker Natural Gas Spot Market: Optimization Engineers GmbHThe European Energy Exchange AG (EEX) welcomes Optimization Engineers GmbH as new market maker for trading on the EEX Spot Market for Natural Gas. more EFET Press Release: Energiebörse EEX wird förderndes Mitglied im Energiehändlerverband EFET Deutschland more New Participant Natural Gas Spot Market NCG: SE Scherbeck Energy GmbHSE Scherbeck Energy GmbH has been admitted to trading on the EEX Spot Market for Natural Gas in the market area NCG. more New Participant Natural Gas Spot Market TTF: BP Gas Marketing LimitedBP Gas Marketing Limited has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more New Participant: Lechwerke AGLechwerke AG has been admitted to trading on the EEX Spot Market for Natural Gas in the market area NCG. more New Participant: Dalkia France S.C.A.Dalkia France S.C.A. has been admitted to trading on the EEX Derivatives Market for Power. more New Participant: Enérgya VM Gestión de Energía SLEnérgya VM Gestión de Energía SL has been admitted to trading on the EEX Derivatives Market for Power. more EEX Exchange Council supports Expansion of OTC Clearing: Clearing for NBP Gas Futures Expanded cross-margining presented more New Participants EEX Power Derivatives MarketThe following companies have extended their admission on the EEX Power Derivatives Market: Susquehanna Ireland Ltd. (French Financial Power Futures) | Skandinaviska Enskilda Banken AB plc (Phelix Futures/Options via Eurex cooperation) more New Participant: Susquehanna Ireland Ltd.Susquehanna Ireland Ltd. has been admitted to trading on the EEX Spot Market for Emission Rights as well as the EEX Derivatives Markets for Power (Phelix Futures and Options) and Emission Rights.<br /> more EEX awarded Contract for the Dutch Primary Market Auction more EEX Natural Gas and CO2 Trading Results in August - More than 100 participants admitted for EEX gas trading Incentive model on Derivatives Market effective more EPEX SPOT / EEX Power Derivatives: Power Trading Results in August more New Participant EEX Derivatives Market: BECOMAC GmbHBECOMAC GmbH has extended its admission to trading on the EEX Derivatives Market for Natural Gas, Emission Rights and Coal. more EEX increases Sales in a Difficult Market Environment Spot markets and clearing cooperations sustain the growth of the Group Product range expanded further Positive outlook for 2011 more New ParticipantsEEX welcomes 5 new Participants: Dynamic Energy ApS | Global Commodities SAS | METRO Group Energy Production Sp. z o.o. | Société Générale S.A. | WSW Energie & Wasser AG more New Participant EEX Derivatives Market: Optimization Engineers GmbHOptimization Engineers GmbH has extended its admission to trading on the EEX Derivatives Market for Power and Natural Gas more New Participant EEX Spot Market: KRI Marketing and Trading S.A.KRI Marketing and Trading S.A. has extended its admission to trading on the EEX Spot Market for Natural Gas and Emission Rights more EEX and Eurex to launch New Incentive Model for CO2 Spot and Derivatives Market more New Participant: HPC S.A.HPC S.A. has been admitted to trading on the EEX Derivatives Market for Power (Phelix Futures and Options) in the context of the Eurex co-operation. more New Participant German Power Futures: Burgo Energia S.r.lBurgo Energia S.r.l. has extend its admission to trading German Power Futures on the EEX Derivatives Market for Power. more EEX trading results in July more EPEX Spot / EEX Power Derivatives: Power Trading Results in July more New Participant Natural Gas NCG: BP Gas Marketing LimitedBP Gas Marketing Limited has extended its admission to trading on the EEX Spot and Derivatives Market for Natural Gas in the market area NCG. more Natural Gas Index EGIX Increasingly Used more New Participant Natural Gas Spot and Derivatives Market NCG: Sorgenia Trading S.p.A.Sorgenia Trading S.p.A. has extended its admission to trading on the EEX Spot and Derivatives Market for Natural Gas in the market area NCG. more New Participant: Repower Trading eská republika s.r.o.Repower Trading eská republika s.r.o. has been admitted to trading on the EEX Derivatives Market for Power (Phelix Futures, Phelix Options and French Financial Power Futures). more New Participant: Evolution Markets LimitedEvolution Markets Limited has been admitted to trading on the EEX Derivatives Markets for Power, Emission Rights and Coal. more New Participant: Tradition (Dubai) Ltd.Tradition (Dubai) Ltd. has been admitted to trading on the EEX Derivatives Market for Power in Phelix Futures, French Financial Power Futures, French Power Futures and German Power Futures. more Austrias Electricity Companies publish Power Plant Data onEEX Transparency PlatformTen reporting companies 98,81 % coverage in the field of power plant data right from the outset APG reports wind data Mandatory reports supplemented by voluntary reports Important step for Europeanisation of platform more New Participant Natural Gas Spot Market TTF: Vattenfall Energy Trading Netherlands N.V.Vattenfall Energy Trading Netherlands N.V. has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more New Participant EEX Derivatives Markets: EGL AGEGL AG has extended its admission to trading on the EEX Derivatives Market for Power, Emission Rights and Coal. more New Participant Natural Gas Spot Market TTF: Gazprom Marketing & Trading LimitedGazprom Marketing & Trading Limited has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. more Peter Reitz new CEO of EEX more New Participants EEX Derivatives MarketEEX welcomes 4 new trading participants at the EEX Derivatives Market: EnBW Transportnetze AG (Power) | KEHAG Kasseler Energiehandel AG (Power) | KRI Marketing and Trading S.A. (Power, Natural Gas, Emission Rights, Coal) | Method Investments & Advisory LTD (Emission Rights via Eurex cooperation)  more New Participant Natural Gas Spot Market NCG: POWEO S.A.POWEO S.A. has extended its admission to trading on the EEX Spot Market for Natural Gas in the market area NCG.<br /> more EEX trading results in June more EPEX Spot / EEX Power Derivatives: Power Trading Results in June more EEX opens Office in London more New Participants Natural Gas Spot Market TTFEnergy Logistic and Services GmbH and RheinEnergie Trading GmbH extended their admission to trading on the EEX Spot Market for Natural Gas in the market area TTF. <br /> more New Member Emission Rights Spot: Europe Energy S.P.A.Europe Energy S.P.A. has extended its admission to trading on the EEX Spot Market for Emission Rights. more General Meeting elects new Supervisory BoardDr. Kroneberg re-elected as Chairman of the Supervisory Board more New Participant Natural Gas Spot & Derivatives: Nordjysk Elhandel A/SNordjysk Elhandel A/S has extended its admission to trading on the EEX Spot and Derivatives Market for Natural Gas in the market areas NCG and GASPOOL. more Exchange Council discusses Effects of the Moratorium on TradingStatus of energy market regulation presented Expansion of connectivity through Global Vision Portal Switch of the French Futures to financial settlement New trading participant group more EEX supports Proposals by the EU Commission on Security Measures in EU Emissions TradingRules on the transfer of ownership of EUA, non-display of serial numbers and 24-hour delay of transactions are essential elements of a long-term solution more EEX trading results in May more EPEX Spot / EEX Power Derivatives: Power Trading Results in May more New Participant Natural Gas Derivatives: Crédit Agricole Corporate & Investment BankCrédit Agricole Corporate & Investment Bank has extended its admission to trading on the EEX Derivatives Market for Natural Gas in the market area NCG. more New Participant Natural Gas Spot & Derivatives: ThyssenKrupp AGThyssenKrupp AG has extended its admission to trading on the EEX Spot and Derivatives Market for Natural Gas in the market area NCG. more New Participants Natural Gas Spot Market TTFBayerngas Energy Trading GmbH | Alpiq Suisse SA | Braunschweiger Versorgungs-AG & Co. KG | Danske Commodities A/S | EconGas GmbH | EDF Trading Limited | Energiehandelsgesellschaft West mbH | E.ON Energy Trading SE | Morgan Stanley & Co. International plc. | natGAS Aktiengesellschaft | Noble Clean Fuels Ltd. | NetConnect Germany GmbH & Co. KG | PCC Energie GmbH | RWE Supply & Trading GmbH | Statkraft Markets GmbH | 24/7 Trading GmbH | Stadtwerke Hannover AG | Statkraft Energi AS | Syneco Trading GmbH | Trianel GmbH | Vattenfall Energy Trading GmbH | Vitol S.A. | VNG - Verbundnetz Gas Aktiengesellschaft | WINGAS GmbH & Co. KG more EEX chooses London as international office more EEX: 24/7 Gas Trading Launched SuccessfullyFirst transactions concluded in the new TTF market area more