信用市場掛牌交易創新的先驅
透過投資組合交易和交易所交易基金(ETF)進行的電子化與指數化交易,已改善分散的信用市場格局中的價格發現機制與流動性。
然而,場外交易(OTC)信用衍生性商品市場仍然不透明、營運上具有挑戰性,且並非普遍可及。正如在股票指數和政府債券市場中所展現的,Eurex 可在這一領域提供價值。我們的信用指數期貨市場透明度高,並受益於多元的流動性提供者,確保窄幅的螢幕報價及場外交易價格。自 2021 年起,Eurex 已為市場參與者提供一套獨特且有價值的投資工具,透過一系列上市信用指數期貨,以對沖全球信用市場並建立合成型多頭部位。
市場諮詢結果顯示,市場需要多元化的產品組合,以便透過 ETF 和指數衍生性商品、現金債券(投資組合交易)及場外交易來表達信用觀點。這些標準化的交易所交易合約,採用股票指數期貨市場中廣泛使用的簡單衍生性商品結構。
全球信用世界
全球產品系列包括歐元投資級、歐元高收益、美元新興市場、英鎊投資級、美元投資級及美元高收益等區塊。Eurex 採用彭博固定收益指數系列,藉此運用客戶已然熟悉的成熟基準指標,成為首家提供真正全球性信用指數期貨商品的交易所,協助客戶掌握跨產品的風險管理效率優勢,並降低資本成本。
| Product | Contract | Product Name | Indicative US Closing Price | Date |
|---|---|---|---|---|
| FUIG | Sep 18, 2026 | Bloomberg US Corporate Index Futures | 3597.90 | Jul 02, 2026 |
| FUHY | Sep 18, 2026 | Bloomberg US High Yield Very Liquid Index Futures | 763.00 | Jul 02, 2026 |
Liquidity providers On-screen
The following list of on-screen Liquidity Providers is non-exhaustive, as some prefer to remain undisclosed while making markets in the order book. See details below.
Company | Member ID | Contact |
Banca Sella Holdings | BASBI | Matteo Rolle
|
Banco Santander | BSAMD | Juan Manuel Lorencio Gomez |
Flow Traders | NEDAM | Jasper Jansen |
Jane Street | JSNAM | Europe Institutional Sales team |
Société Générale | SOGFR | Aziz Tikouirt |
Susquehanna | SISDB | Ronan Henderson |
+7 additional undisclosed liquidity providers in the order book | ||
Liquidity providers Off-book
Company | Member ID | Contact |
Banco Santander | BSAMD | Juan Manuel Lorencio Gomez |
Bank of America | MLEPA | Joel Stainton |
BNP Paribas | BNAPA | Philip Ghosn
|
DRW | DRWZI | Tom Pughe
|
Flow Traders | NEDAM | Jasper Jansen |
Goldman Sachs | GSIEB | Antony Harden |
Jane Street | JSELO | Europe Institutional Sales team |
JP Morgan | JPDFR | EMEA Futures & Options Sales Execution |
Société Générale | SOGFR | Aziz Tikouirt |
Susquehanna | SISDB | Ronan Henderson Bruce Gunn SIS-Sales-ETF@sig.com |
TransMarket | ATLCH | Victor De Cagny
|
销售代表 Neo Chiu 欧交所香港办事处 |
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.
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