Who is the head of Eurex? (2024)

Who is the head of Eurex?

Michael Peters is CEO of Eurex Frankfurt AG

since July 2020. He has been a member of the Executive Board of Eurex Frankfurt AG since 2006 and had been Vice Chairman of the Executive Board of Eurex Frankfurt AG since February 2016.

Who regulates Eurex?

Eurex Clearing AG is a company incorporated in Germany and licensed as a credit institution pursuant to the German Banking Act under supervision of the German Financial Supervisory Authority (BaFin – Bundesanstalt für Finanzdienstleistungsaufsicht).

Who owns Eurex Clearing?

Eurex Clearing AG, one of the world's leading clearing houses, is a wholly-owned subsidiary of Eurex Frankfurt AG - which is part of Deutsche Börse Group.

How big is Eurex?

About Eurex Clearing

Eurex Clearing serves about 200 Clearing Members in 19 countries, managing a collateral pool of EUR 49 billion and clearing trades valued at EUR 11 trillion every month.

Is Eurex a CCP?

Eurex Clearing, as one of the leading global CCPs, is fully aware of its role in the financial markets and the responsibility that comes along with it – including during the resolution of a Clearing Member.

Where is Eurex headquarters?

The Exchange is headquartered in Eschborn, Germany, near Frankfurt am Main, and it is operated by Eurex Frankfurt AG and Eurex Zürich AG, which are public companies wholly owned by the German stock exchange operator Deutsche Börse AG.

Who owns Eurex Exchange?

Eurex is located near Frankfurt, Germany. It is part of the Eurex Group and is now owned by Deutsche Börse AG, an exchange and transaction services provider that enables access by investors and financial institutions to global capital markets.

Who are Eurex competitors?

Alternatives and possible competitors to Eurex Group may include CME Group , SCM Insurance , and CM TRADING .

Is Eurex a regulated market?

Eurex Clearing aims to provide our participants with an efficient, orderly and well-regulated market place. Our set of rules and conditions outline the relationship between us and our members and provide guidance to maintain a safer market.

What currency is clearing in Eurex?

Eurex Clearing has three clearing currencies, EUR, CHF and GBP.

What does Eurex stand for?

Eurex stands for the leading European derivatives exchange and – with Eurex Clearing – one of the leading central counterparties globally. We are the architect of market liquidity, efficiency and integrity by providing our customers with innovative solutions to seamlessly manage risk.

When did Eurex start?

Since its inception in 1998, Eurex has continually set a proven track record in electronic trading and clearing and is proving the success of its business model year in and year out by providing highly efficient liquidity pools.

Is Eurex an MTF?

Eurex Repo GmbH is a Multilateral Trading Facility (MTF) according to the Markets in Financial Instruments Directive 2004/39/EC (MIFID) and is supervised by the German Federal Financial Supervisory Authority (BaFin).

What is the difference between LCH and Eurex?

LCH offers multicurrency netting and margining capability, while Eurex Clearing offers cross-product margining⁴, and both offer rebates and incentive programs.

Is Eurex part of Deutsche Boerse?

Eurex, part of Deutsche Börse Group, is one of the world's leading derivatives exchanges offering a broad range of international benchmark products, operating the most liquid fixed income markets in the world and featuring open and low-cost electronic access along with access to the Eurex partner network.

What is Eurex next gen?

The NextGen ETD concept allows trading and clearing of options volatility strategies (OVS) in single stock options within the Eurex risk framework. Daily settled Single Stock Futures with physical delivery will serve as an underlying instrument to eliminate delta risk. Mitigate counterparty risk.

What does Eurex Clearing do?

Eurex Clearing provides its services for derivatives, equities, bonds and secured funding, and the securities financing market. We stand between the buyer and the seller, which makes us the central counterparty for all your transactions.

What is Eurex T7?

T7 is a powerful state-of-the-art trading platform. Cutting-edge technology delivers ultra-low latency, robustness and safe handling of very high throughput. Features include: Streamlined processing and reporting. Improved functionality, including enhanced calendar spreads and packs & bundles.

Where is the Eurex derivatives Forum 2023?

This year you will be able to join either in Frankfurt -and take full advantage of exclusive networking opportunities- or view selected slots on our virtual platform. The Derivatives Forum Frankfurt 2023 takes place in Frankfurt on 22-23 March.

Who runs the stock exchange?

What is the largest derivatives exchange in Europe?

The Eurex Exchange is the largest European futures and options market. It primarily deals in Europe-based derivatives.

Who owns MEMX exchange?

The exchange is wholly owned by its founding members, a group of 9 banks, financial services firms, market makers and retail broker-dealers. These members include Bank of America Merrill Lynch, Charles Schwab, Citadel Securities, E*TRADE, Fidelity Investments, Morgan Stanley, TD Ameritrade, UBS and Virtu Financial.

What are the liquidity classes in Eurex?

The concept of Liquidity Classes ("LC") differentiates rebate levels according to the liquidity of the product, with Liquidity Class 1 representing the most liquid and Liquidity Class 3 the least liquid products.

What is the difference between a liquidity provider and a market maker?

In essence, a liquidity provider is a broader term encompassing entities that enhance overall liquidity, while a market maker is a specific form of liquidity provisioning that actively engages in the market by quoting prices to facilitate trades.

Do central banks control forex?

Central banks, which represent their nation's government, are extremely important players in the forex market. Open market operations and interest rate policies of central banks influence currency rates to a very large extent. A central bank is responsible for fixing the price of its native currency on forex.