11.25.2021

Eurex Expands FX to Scandinavia Currencies

11.25.2021
Markit to Launch Cash FX Affirmation Service

Eurex has expanded its FX Futures coverage to the most heavily traded European currencies after GBP, CHF, and EUR. The derivatives trading arm of Eurex continues to develop into a liquidity hub covering major European currencies.

The exchange has started trading seven new FX Futures on Scandinavian currencies, including EUR/NOK, EUR/SEK, EUR/DKK, USD/NOK, USD/SEK, USD/DKK, NOK/SEK. A liquidity scheme caters for tight pricing and competitive liquidity.

Maximilian Dannheimer, Head of FX ETD Sales at Eurex: “Gaining exposure to Swedish, Danish and Norwegian currencies allows clients to hedge positions and seize unique trading opportunities. The launch of Scandinavian currency futures is a natural evolution to offer transparency and minimize risk by exchange-traded, centrally cleared derivatives in G10 currencies.”

Eurex FX Futures are comparable to OTC FX forwards but have significantly lower counterparty credit risk (CCR) as financial obligations are guaranteed by Eurex Clearing as central counterparty (CCP). For those traders who want to take their contracts to expiration, Eurex FX Futures are physically settled through CLS.

In total, Eurex offers now 19 currency pairs including seven pairs on Scandinavian currencies. All Eurex FX contracts are 100,000 units (except for NOK/SEK pair) of the base currency with a minimum price change at 1/10th of a pip. Eurex Listed FX service portfolio can be accessed through the standard T7 trading system or Deutsche Börse’s OTC FX platform 360T.

Source: Eurex

It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/

4

Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.

Load More

Related articles

  1. Expanding membership is an OCC priority for capital efficiency, risk reduction and operational simplicity.

  2. The smallest contract in CME's crypto complex will provide greater precision and market accessibility.

  3. Buy Side Forced to Review Collateral Arrangements

    End-user clients would benefit from increased capital and margin efficiencies.

  4. This opens a path for FCMs to use digital assets as customer collateral under CFTC regulation.

  5. The monthly average daily volume record was set in April 2025.