EurexUS has no volume ???

R

RedDuke

I looked at few products’ statistics on eurexus, and the volume is very tiny. Anyone how any idea why?

Thanks,
redduke
 
They never did attract much volume. I followed most of the products since they started, and liquidity was always thin. Now it's almost non existant.
 
Hi Pabst,

You were spot on when you predicted their failure. Based on what I read on that old thread, the fees were reduced, they had good products and CBOT and CME were really worried, and yet it failed. Even though it looked promising, people totally ignored it. A bit puzzling???

Thanks,
redduke
 
Eurex computer system favours European Union and Swiss players if there's a slowdown or a freeze due to fast market. the European traders get the freeze but the non Europeans don't so they will lose out.

also Eurex was formerly Deutsche Terminborse and did mega business in Europe as an options exchange, was virtually unknown in USA as a player.

the Eurex treasury futures and currency futures got whipped by the Chicago exchanges.

and here's a biggie: Eurex exam = very hard compared to American exchanges.
 
Quote from RedDuke:

Hi Pabst,

You were spot on when you predicted their failure. Based on what I read on that old thread, the fees were reduced, they had good products and CBOT and CME were really worried, and yet it failed. Even though it looked promising, people totally ignored it. A bit puzzling???

Thanks,
redduke
More...

CBOT cut their fees by 75% (and free for six months to members) as a competitive response. At that point its almost impossible to pry the open interest away.

Of course once it was clear EurexUS was dead the fees went back up..

156769oTVS_w.jpg
 
Jul 27 2006

Man Group plc, the global provider of alternative investment products and one of the world’s largest futures brokers, and Eurex, the world’s largest derivatives exchange, today announced that they have entered into agreements that will further develop U.S. Futures Exchange LLC (USFE - formerly known as Eurex US). USFE will expand the derivatives market by serving as a product incubator and innovator to create new listed products.

Under the terms of the transaction, Man Group will purchase 70 percent of Eurex’s shares in USFE for a purchase price of $23.2 million in cash and in addition make a capital injection of $35 million into USFE. Deutsche Börse Systems, the developer and operator of the Eurex platform and network, will continue to operate the trading platform and corresponding communications network for USFE.

USFE will offer new products targeted at buy-side customers such as hedge funds and retail investors, sectors in which Man Group has significant expertise and market exposure. The goal is to expand the volume in listed derivatives by broadening the range of exchange traded products to new and existing user groups, rather than competing with established futures exchanges.
More...
www.EurexUS.com

www.mangroupplc.com/investor/investors_press_story.cfm?ID=121
 
You must log in or register to reply here.
Back
Top