Eurex Plans EU Bond Futures in 2025 in Boost to Bloc’s Goals
- Exchange cites increased volumes and EU repo facility for move
- Decision comes before rival ICE introduces product next month
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Eurex Clearing AG plans to launch bond futures for the European Union’s debt next year, joining its rival Intercontinental Exchange Inc. in the race to provide liquidity to what has become one of the region’s biggest issuers.
The exchange cited increased secondary market volumes and the EU’s new repo facility as meeting the “pre-requisites” for a deliverable futures market, according to an emailed statement. The decision follows an annoucement from ICE that it is launching a similar product next month.