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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who started this subject1/28/2004 9:11:59 AM
From: TFF   of 12617
 
Eurex US set for February 8th launch

The launch of Deutsche Börse’s derivatives exchange Eurex in the US has been set for February 8th. Eurex US is currently seeking approval from the US regulator, Commodity Futures Trading Commission. CFTC is due to decide the case on February 4th, and Eurex is confident of a positive outcome.

Meanwhile all technical and operational preparations are complete, making a swift start possible. The production software is being rolled out today to customers for installation.

"We have finalized preparations and the market is ready to start. We anticipate a positive vote by the Commission on February 4 which will allow for a timely implementation of our U.S. business venture," said Rudolf Ferscha, CEO of Eurex.
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