Eurex On Continuing Upward Trend In September

["hans esser" <he96@xxxxxxxxxxxxxx>]

   Eurex On Continuing Upward Trend In September
               http://www.marketcenter.com/press/index.cgi?release=7719

says:



                Eurex On Continuing Upward Trend In
                               September


                  Frankfurt/Main, 01 Oct 1999 

                  Eurex, the European derivatives exchange,
                  is posting further increases in turnover:
                  About 36 million contracts were traded in
                  September on the world's largest derivatives
                  market. Eurex reports an increase of 7.6
                  million contracts traded as compared with
                  the number posted in September 1998. Total
                  turnover for the first nine months of 1999
                  came to about 281 million contracts, about
                  90 million contracts more than the number
                  traded during the first nine months of 1998
                  and about 33 million contracts above the
                  total for all of 1998. 

                  The BUND future was the top Eurex product
                  in September, with about 12.8 million
                  contracts traded. For another month in a
                  row, the BUND future was the world's most
                  heavily traded derivatives contract. Trading
                  in options on the BUND future was also
                  extremely active again in September,
                  beating out the number traded during the
                  same month of last year by more than 2
                  million contracts, representing an increase
                  of 112 percent.. 

                  Trading volume in futures on the BOBL and
                  SCHATZ was high in September. The BOBL
                  future set a new record on a monthly basis
                  with over 5.6 million contracts traded, a 13
                  percent increase over the number traded in
                  Sep-tember last year. The SCHATZ future
                  posted its second-best monthly total with
                  over 2.4 million contracts traded in
                  September, a 21 percent increase over the
                  September 1998 volume. 

                  Futures on the one-month and three-month
                  Euribor showed slight increases again in
                  contract volume. With 16,600 contracts
                  traded on a daily average in September,
                  about four thousand more contracts were
                  traded on a daily basis in the money-market
                  products than the average for 1999 so far. 

                  Trading in derivatives on the Dow-Jones
                  Euro STOXX 50 index also increased. More
                  than 1.3 million contracts in futures and
                  options on the Euro STOXX were traded in
                  September 1999, setting a new record on a
                  monthly basis and beating the previous
                  record of about 880,000 contracts set in
                  June 1999. Compared with the month of
                  August, turnover in the options grew by
                  about 54 percent in September, and the
                  volume in futures by 120 percent.