Eurex Company Presentation Product Overview 08.09Presentation Transcript
The International Derivatives Exchange June 2009
402 Eurex Members in 24 Countries 8.779 registered Traders Eurex – The International Derivatives Exchange | Company Profile and Development USA (73) Gibraltar (7) Portugal (1) Spain (14) Switzerland (28) Belgium (3) Netherlands (26) France (26) Ireland (5) United Kingdom (81) Denmark (2) Sweden (7) Finland (9) Germany (80) Australia (1) Singapore (4) UAE [Dubai] (2) Hong Kong (1) Japan (0) Italy (14) Austria (6) Greece (7) Cyprus (3) Croatia (1) Luxemburg (2) Host Access point (number of connected members in brackets) Additional member sites Direct exchange connection Applying for direct exchange connection
Eurex is in the top 3 Derivatives Markets Worldwide Eurex – The International Derivatives Exchange | Company Profile and Development 1999 2008
Eurex Product Range: a Truly European Portfolio (1/3) Eurex – The International Derivatives Exchange | Products Please find the current trading hours on our website: www.eurexchange.com > Trading > Trading Calender> Trading Hours * Available for trading in the U.S **only specific sectors available for trading in the U.S. Futures on 707 equities of leading Euro-pean and national indexes such as Dow Jones (EURO) STOXX 50 ® Index, DAX ® and SMI ® and 18 Futures on all index components of the RDxt® index MSCI Russia Options/LEPOs on 12 Belgian shares VSTOXX ® Mini Futures VSTOXX® Futures VSMI® Futures VDAX-NEW® Futures Volatility Index Futures Dow Jones Sector Titans 30 Index SM RDXxt® USD (Futures only)* Options/LEPOs on 9 Spanish shares EXTF® Derivatives Equity Index Derivatives (Futures* and Options) and Equity Index Dividend Derivatives (Futures) Equity Derivatives Dow Jones EURO STOXX®/STOXX® 600 Indices DivDAX ® Options/LEPOs on 5 Russian ADRs Dow Jones EURO STOXX® Select Dividend 30 Index* OMX Helsinki 25 Options/LEPOs on 16 Austrian shares Dow Jones Global Titans 50 ® SM Index* SMIM®* Options/LEPOs on 68 French shares Dow Jones STOXX® 600 ® Sector Index** MDAX® * Options/LEPOs on 11 Scandinavian shares Dow Jones EURO STOXX® Sector Index** TecDAX®* Options/LEPOs on 36 Italian shares iShares Dow Jones EURO STOXX 50® Futures & Options Dow Jones STOXX® Large, Mid and Small 200 ® Index* SLI Swiss Leader Index®* Options/LEPOs on 26 Dutch shares XMTCH on SMI® Futures & Options Dow Jones STOXX® 600 ® Index* SMI® Options/LEPOs on 55 Swiss shares iShares DAX® (DE) Futures & Options Dow Jones (EURO) STOXX 50® Index* DAX®* Options/LEPOs on 70 German shares Futures Options
Eurex Product Range: a Truly European Portfolio (2/3) Eurex – The International Derivatives Exchange | Products Please find the current trading hours on our website: www.eurexchange.com > Trading > Trading Calender> Trading Hours * Available for trading in the U.S. Unrevised Harmonised Index of Consumer Prices of the Eurozone excluding tobacco (HICP) Euro-Inflation Futures* iTraxx® Europe Crossover 5-year Index Futures iTraxx® Europe HiVol 5-year Index Futures iTraxx® Europe 5-year Index Futures Credit Derivatives Options on Euro-Bund Futures Options on Euro-Bobl Futures Options on Euro-Schatz Futures CONF Futures Euro-Buxl® Futures Euro-Bund Futures Euro-Bobl Futures Euro-Schatz Futures Fixed Income Market Interest Rate Derivatives* Options on Three-month EURIBOR Futures Three-month EURIBOR Futures One-month EONIA Futures Money Market
Eurex Product Range: a Truly European Portfolio (3/3) Eurex – The International Derivatives Exchange | Products Please find the current trading hours on our website: www.eurexchange.com > Trading > Trading Calender> Trading Hours * Available for trading in the U.S. IPD UK Annual All Property Index Futures Dow Jones-UBS Gold Derivatives* CO2 Derivatives* Property Derivatives Dow Jones-UBS Industrial Metals Futures (FCIN) Dow Jones-UBS Energy Futures (FCEN) Dow Jones-UBS Agriculture Future (FCAG) Dow Jones-UBS Commodity Future (FCCO) Options on EUA Futures Certified Emission Reductions (CER) Futures European Union Allowance (EUA)Futures Commodity Derivatives Gold Futures & Options
European Equity Options at Eurex cover 100% of the Dow Jones EURO STOXX 50 ® market capitalization
70 German equity options and LEPOs
55 Swiss equity options and LEPOs
11 Scandinavian equity options and LEPOs
26 Dutch equity options and LEPOs
68 French equity options and LEPOs
36 Italian equity options and LEPOs
9 Spanish equity options and LEPOs
16 Austrian equity options and LEPOs
12 Belgian equity options and LEPOs
Eurex – The International Derivatives Exchange | Products
Strong Growth in Contract Volume Eurex – The International Derivatives Exchange | Products compared to Jan.- May 08: 948 Mio Traded contracts (in millions)
Eurex – Total Traded Contracts in 2008 Eurex – The International Derivatives Exchange | Products
Distribution by Asset Class Eurex – The International Derivatives Exchange | Products
Exchange-Traded Fixed Income Futures: Traded Contracts and Notional Volume in 2008 Traded Contracts (in millions) Eurex – The International Derivatives Exchange | Products Notional Volume (in bn EUR)
Exchange-Traded Interest Rate Options: Traded Contracts and Notional Volume in 2008 Traded Contracts (in millions) Eurex – The International Derivatives Exchange | Products Notional Volume (in bn EUR)
Major European Index Futures: Traded Contracts and Notional Volume in 2008 Traded Contracts (in millions) Eurex – The International Derivatives Exchange | Products Notional Volume (in bn EUR)
Major European Index Options: Traded Contracts and Notional Volume 2008 Traded Contracts (in millions) Eurex – The International Derivatives Exchange | Products Notional Volume (in bn EUR)
Equity Options: International Comparison Traded Contracts and Notional Volume in 2008 Traded Contracts (in millions) Eurex – The International Derivatives Exchange | Products Notional Volume (in bn EUR)
ISE’s Options Products
ISE offers members access to options representing over 90% of total exchange-listed options volume traded in the U.S.
In December 2008, ISE traded more volume than any other options exchange in 1,197 of 2,052 issues in its listings.
In addition to offering the industry’s most actively traded equity and ETF options, ISE has a portfolio of proprietary index products and also offers ISE FX Options® on six currency pairs, allowing investors to trade their views on the relative strength of the U.S. dollar.
Concrete Outline of Membership Incentive 2009 (1/2) Three fix components and a fourth component of choice No MTF during the first year of membership Reimbursement for up to 10 trader or QBO exam fees and 10 GUI training fees Choice between three packages with different levels of connection fee and transaction fee incentives* For new members without own connection or with internet connection to Eurex For new members with standard connection to Eurex For new members with enhanced ETS/Enhanced Broadcast Solution connection to Eurex
* The 4th component will be explained in detail on the next slide
or or Access to Enhanced Broadcast Solution/ETS Simulation. Up to six months for free retroactively upon membership 4.1 4.2 4.3 Eurex – The International Derivatives Exchange | Special Incentives and Initiatives For new members admitted from 1. January until 31. December 2009
Eurex – The International Derivatives Exchange | Contacts One Canada Square, Canary Wharf London, E14 5DR United Kingdom P: +44-20-7862-7222 F: +44-20-7862-7297 [email_address] Selnaustrasse 30 8021 Zurich Switzerland P: +41-58854-2948 F: +41-58854-2466 [email_address] AIG Kabutochu Bldg. 3F, 5-1 Nihonbashi Kabutochu, Chuo-ku, Tokyo, 103-0026, Japan P: +81-3-58 47-82 04 F: +81-3-58 47-79 01 [email_address] Deutsche Börse AG UK Representative Office Eurex Zürich AG Eurex Frankfurt AG Tokyo Office 48 Wall Street, Suite 1100 New York, NY 10005 USA P: +1 212 918 - 4828 F: +1 312 544 - 1579 i [email_address] Sears Tower, 233 South Wacker Drive - Suite 2450 Chicago, IL 60606 - USA P: +1 312 544 – 1100 F: +1 312 544 – 1101 [email_address] U.S. Exchange Holdings, Inc. U.S. Exchange Holdings, Inc. 15/F, 100 Queen’s Road Central Hong Kong P: +852-31 80-92 70 F: +852-31 80-94 60 [email_address] 17, Rue de Sur è ne 75008 Paris France P: +33-1-5527-6767 F: +33-1-5527-6750 [email_address] Neue Börsenstraße 1 60487 Frankfurt / Main Germany P: +49 69 211-13940 F: +49 69 211-14477 [email_address] Eurex Frankfurt AG Hong Kong Office Deutsche Börse AG France Representative Office Eurex Frankfurt AG Technical Tel. +41 69 211-11200 Clearing Tel. +49 69 211-11250 Trading Tel. +49 69 211-11210 Eurex Technical Helpdesk Eurex Functional Helpdesks
And now in Singapore Philip Joslin P: +65 6304 5251 M: +65 8488 0003 [email_address] Bella Chiu P: +65 6304 5258 M: +65 8278 1492 [email_address] 50 Raffles Place #21-05 Singapore Land Tower Singapore 048623 Eurex Frankfurt AG Singapore Office
Eurex – The International Derivatives Exchange | Disclaimer
Deutsche Börse AG (DBAG), Clearstream Banking AG (Clearstream), Eurex Frankfurt AG, Eurex Clearing AG (Eurex Clearing) as well as Eurex Bonds GmbH (Eurex Bonds) and Eurex Repo GmbH (Eurex Repo) are corporate entities and are registered under German law. Eurex Zürich AG is a corporate entity and is registered under Swiss law. Clearstream Banking S.A. is a corporate entity and is registered under Luxembourg law. U.S. Exchange Holdings, Inc. and International Securities Exchange Holdings, Inc. (ISE) are corporate entities and are registered under U.S. American law. Eurex Frankfurt AG (Eurex) is the administrating and operating institution of Eurex Deutschland. Eurex Deutschland and Eurex Zürich AG are in the following referred to as the “Eurex Exchanges”.
All intellectual property, proprietary and other rights and interests in this publication and the subject matter hereof (other than certain trademarks and service marks listed below) are owned by DBAG and its affiliates and subsidiaries including, without limitation, all patent, registered design, copyright, trademark and service mark rights. While reasonable care has been taken in the preparation of this publication to provide details that are accurate and not misleading at the time of publication DBAG, Clearstream, Eurex, Eurex Clearing, Eurex Bonds, Eurex Repo as well as the Eurex Exchanges and their respective servants and agents (a) do not make any representations or warranties regarding the information contained herein, whether express or implied, including without limitation any implied warranty of merchantability or fitness for a particular purpose or any warranty with respect to the accuracy, correctness, quality, completeness or timeliness of such information, and (b) shall not be responsible or liable for any third party’s use of any information contained herein under any circumstances, including, without limitation, in connection with actual trading or otherwise or for any errors or omissions contained in this publication.
This publication is published for information purposes only and shall not constitute investment advice respectively does not constitute an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in any other transaction. This publication is not intended for solicitation purposes but only for use as general information. All descriptions, examples and calculations contained in this publication are for illustrative purposes only.
Eurex and Eurex Clearing offer services directly to members of the Eurex exchanges respectively to clearing members of Eurex Clearing. Those who desire to trade any products available on the Eurex market or who desire to offer and sell any such products to others or who desire to possess a clearing license of Eurex Clearing in order to participate in the clearing process provided by Eurex Clearing, should consider legal and regulatory requirements of those jurisdictions relevant to them, as well as the risks associated with such products, before doing so.
Eurex derivatives (other than Dow Jones EURO STOXX 50® Index Futures contracts, Dow Jones EURO STOXX® Select Dividend 30 Index Futures contracts, Dow Jones STOXX 50® Index Futures contracts, Dow Jones STOXX® 600 Index Futures contracts, Dow Jones STOXX® Large/Mid/Small 200 Index Futures contracts, Dow Jones EURO STOXX® Banks Futures contracts, Dow Jones STOXX® 600 Banks/Industrial Goods & Services/Insurance/Media/Personal & Household Goods/Travel & Leisure/Utilities Futures contracts, Dow Jones Global Titans 50 IndexSM Futures contracts, DAX® Futures contracts, MDAX® Futures contracts, TecDAX® Futures contracts, SMIM® Futures contracts, SLI Swiss Leader Index® Futures contracts, RDXxt® USD – RDX Extended Index Futures contracts, Eurex inflation derivatives, Eurex commodity derivatives, and Eurex interest rate derivatives) are currently not available for offer, sale or trading in the United States or by United States persons.
Trademarks and Service Marks
Buxl®, DAX®, DivDAX®, eb.rexx®, Eurex®, Eurex Bonds®, Eurex Repo®, Euro GC Pooling®, Eurex Strategy WizardSM, EXTF®, FDAX®, FWB®, MDAX®, ODAX®, TecDAX®, VDAX®, VDAX-NEW®, Xetra® and XTF Exchange Traded Funds® are registered trademarks of DBAG.
The service mark MSCI Russia is the exclusive property of Morgan Stanley Capital International, Inc.
RDXxt® is a registered trademark of Wiener Börse AG (Vienna Stock Exchange).
iTraxx® is a registered trademark of International Index Company Limited (IIC) and has been licensed for the use by Eurex. IIC does not approve, endorse or recommend Eurex or iTraxx® Europe 5-year Index Futures, iTraxx® Europe HiVol 5-year Index Futures and iTraxx® Europe Crossover 5-year Index Futures.
Eurex is solely responsible for the creation of the Eurex iTraxx® Credit Futures contracts, their trading and market surveillance. ISDA® neither sponsors nor endorses the product’s use. ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc.
SLI®, SMI®, SMIM®, and VSMI® are registered trademarks of SIX Swiss Exchange.
STOXX®, Dow Jones STOXX® 600 Index, Dow Jones STOXX® Large 200 Index, Dow Jones STOXX® Mid 200 Index, Dow Jones STOXX® Small 200 Index, Dow Jones STOXX® TMI Index, VSTOXX® Index, Dow Jones EURO STOXX 50® DVP, Dow Jones EURO STOXX® Select Dividend 30 Index, Dow Jones EURO STOXX®/STOXX® 600 Sector Indexes as well as the Dow Jones EURO STOXX 50® Index and Dow Jones STOXX 50® Index are service marks of STOXX Ltd. and/or Dow Jones & Company, Inc.
Dow Jones, Dow Jones Global Titans 50 IndexSM and Dow Jones Sector Titans IndexesSM are service marks of Dow Jones & Company, Inc. The derivatives based on these indexes are not sponsored, endorsed, sold or promoted by STOXX Ltd. or Dow Jones & Company, Inc., and neither party makes any representation regarding the advisability of trading or of investing in such products.
The names of other companies and third party products may be trademarks or service marks of their respective owners.