Eurex Introduces New Derivatives to Expand Its Presence in Asia
Eurex, an international derivatives exchange and a member of the Deutsche Börse Group, announced today that it has decided to expand its presence in Asia. The exchange has launched new derivatives to support exposure to the Chinese equity market.
Eurex has launched futures on the MSCI China Tech 100 Index with a focus on China’s technology sector. Additionally, the exchange has announced the launch of futures and options on the MSCI Hong Kong Listed Large Cap and the MSCI China Hong Kong Listed Large Cap indexes.
Investors will be able to participate in China’s growing equity market through the newly introduced derivatives. Eurex is planning to expand its presence in the APAC region. The derivatives arm of the Deutsche Börse Group mentioned that the new derivatives will cover Chinese stocks related to different sectors including the internet, mobility, automation, health and Robotics.
Commenting on the latest announcement, George Harrington, Global Head of Derivatives and Fixed Income Indexes at MSCI, said: “MSCI is pleased to continue to build our strategic relationship with Eurex. The MSCI China Tech 100 Index will allow investors to focus on technological innovations and the broader value-chain in China.”
In its latest monthly report, Eurex saw a jump in the OTC clearing business of the exchange during April 2021. Moreover, the average daily cleared volume jumped 78% in April.
APAC Region
Eurex has a broad range of MSCI derivatives for the Asia Pacific region. The company has a total of 37 futures and options derivatives related to the region. “Alongside the three China-related indexes, Eurex is also offering further futures for investors in the APAC region: futures on MSCI World ex Australia are targeting large Australian asset managers, while futures on MSCI Emerging Markets Asia ex-China offer a separate investment tool for emerging markets in Asia outside China, which is by far the largest single country in the broad Emerging Markets index,” Eurex added.
Recently, Eurex expanded its long-standing partnership with Korea Exchange through the launch of new futures.
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