Ferscha: We anticipate a positive vote by the Commission on February 4
Production software rolled out today
Eurex, the world's largest derivatives exchange, announced on Tuesday it has adapted the launch schedule of its new U.S.-based futures exchange Eurex US to a February 8 launch, subject to Commodity Futures Trading Commission (CFTC) approval. Eurex US is currently seeking approval from the U.S. regulator CFTC, which announced earlier on Tuesday that it will
consider Eurex US' application on February 4.
"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.
According to Eurex the technical and operational launch preparations for Eurex US have been completed as planned. The production software is being rolled out today to customers for installation at member sites, completing technical member readiness for the exchange launch.
Walter Allwicher, Candice Adam, Uwe Velten
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