Financial Times FT.com

Eurex and SGX in cross-listing deal

By Jeremy Grant in London

Published: July 26 2010 10:14 | Last updated: July 26 2010 10:14

Eurex and SGX, the Singapore exchange, said on Monday they would launch an Asian version of Euro Stoxx 50 index futures and options on futures, highlighting how product cross-listing deals between exchanges in different regions are becoming increasingly popular.

The move is the latest in a series of similar alliances involving Eurex, owned by Deutsche Börse, and its US rival CME Group, in Asia. All are designed to expand distribution of exchanges’ core products beyond their time zones and to tap into communities of traders in other regions.

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