Eurex hopes to steal march on rival CME with FX launch
Eurex is hoping to launch foreign exchange futures and options during the first half of 2014, according to a source familiar with the situation, as it continues to finalise its on-boarding process with its third-party settlement provider.
The Deutsche Börse-owned exchange had to delay its original launch date of October 7 due to a control issue at a top-tier bank. The bank, which is still working with Eurex, will be providing the exchange with settlement services to FX settlement utility, CLS.
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