Deutsche Börse might launch crypto derivatives trading at Eurex

  • The largest European exchange for financial derivatives might add crypto-based instruments to its offering.
  • An official announcement is expected within weeks.

The platform for financial derivative products Eurex operated by the most significant European bourse Deutsche Börse is about to launch cryptocurrencies futures for Bitcoin, Ethereum and ERP.

The European giant follows the lead of the US-based trading platforms CME and CBOE that launched Bitcoin futures in December 2017. According to people familiar with the subject matter, the company has been exploring the crypto universe and following the numbers produced by US-based operators before making a decision. The official announcement is expected in recent weeks.

“We are thinking about futures, with which private investors and institutional investors can protect existing investments in bitcoin or set for falling prices of the cyber currency,” a Deutsche Börse spokesperson told German-based publication Wirtschaftswoche in December 2017.

Eurex is one of the world’s leading Derivative exchanges, established in 1998 as a result of a merger between German  Deutsche Terminbörse and Swiss Options and Financial Futures. It offers a wide range of derivatives based on equities, stock indices, bonds, volatility indices, credit, and interest-based derivatives.

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