Eurex confirms US partner search
NEWS
Eurex agreed that it would seek an external party to acquire a stake in Eurex US, following a supervisory board meeting last week.
The move follows parent companies Deutsche Börse and SWX Swiss Exchange's decision to push for changes to the strategic direction of the US exchange in 2005.
Eurex US has yet to make a profit since it launched in February 2004 at a cost of €$60 million. Eurex currently distributes approximately 30% of its global benchmark futures contracts to the US, and it had hoped
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