Article: Eurex faces growing competition in Europe.

Byline: Natasha de Teran

Eurex, the Swiss-German derivatives exchange led by chief executive Rudi Ferscha, has recently concentrated on the US where it hopes to launch its new operation next year, while its rivals have been stepping up their efforts in Europe.Euronext.Liffe, the London exchange and Eurex's principal European rival, has been the most active. In a bid to attract some of the buoyant trading volumes in single stock futures (SSFs) enjoyed by Meff, the Madrid derivatives exchange, Liffe introduced a fee holiday on all Spanish SSFs for six months from October 1, during which there are no charges for the trading and clearing of Liffe's 11 Spanish-based ...

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