News Center
07 May 2015

Eurex

Eurex KOSPI Product achieves major volume milestone

Total volume of 100 million Eurex KOSPI contracts exceeded

By the end of April 2015, the Eurex KOSPI Product surpassed the level of 100 million traded contracts cumulative since launch in August 2010. It is part of the Eurex/KRX Link which has been developed by the international derivatives markets Eurex Exchange and Korea Exchange (KRX). Through this Link, both exchanges provide market participants worldwide with nearly 24h-trading and clearing access to KOSPI 200 Options.

Currently, 23 Eurex Exchange members and 21 KRX members participate in the Eurex/KRX Link, while 2 additional members are preparing their connectivity. In the first four months of 2015, the average daily volume of the Eurex KOSPI Product exceeded 90,000 contracts. This trading volume represents approximately 5 percent of the day-time volume of KOSPI 200 Options traded on KRX.

“We are very pleased about the success of our Link. Exceeding the number of 100 million traded contracts spurs our efforts to deepen our partnership. Our cooperation has become a blue print for mutual beneficial cooperation agreements among exchanges for the benefits of market participants to trade, hedge and manage their risk,” said Michael Peters, member of the Eurex Executive Board.

The Eurex KOSPI Product is a daily futures contract on the KOSPI 200 option listed on KRX. The futures contracts expire at the end of each trading day, and open positions are transferred to the KRX into new positions in the KOSPI 200 options. The product cooperation between Eurex and KRX enables market participants to trade the KOSPI 200 option during European and North American trading hours.

Media contact:

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.