03:40 PM
ELECTRONIC TRADING NEWSFLASHES
Eurex US Exchange Soars in Volume During Month of July
Eurex US, the fully electronic U.S. futures and options exchange, reported that it had its highest monthly volume this July, the highest since its inception in February. In fact, volume rose more than 1000% throughout the month of July. Daily average volume in July rose to 32,056 contracts per day, and open interest more than tripled. Satish Nandapurkar, CEO of Eurex US, was quoted in the press release as saying that "We have seen excellent liquidity, consistently active trading and substantial growth in open interest," in a time of traditionally quieter markets.