Source: Eurex
The international derivatives market Eurex eases access to its global liquidity network for member firms trading out of Gibraltar. Eurex opened its new Access Point in Gibraltar on Monday and connected its first local trading member thus increasing the number of access points to 10 globally.
An Access Point is a telecommunications hub connecting Eurex members via fixed telecommunications lines to the Eurex network. Currently, eight member firms are located in Gibraltar.
"With the new hub, Eurex is accommodating the continually growing customer base and the increasing trading activities from trading out of Gibraltar," said Eurex CEO Rudolf Ferscha. "The Access Point allows Eurex to connect customers faster to our network."
Deutsche Börse and Eurex operate the largest stock exchange network worldwide and now maintain telecommunications hubs in 10 cities: Amsterdam, Chicago, Frankfurt, Gibraltar, Helsinki, London, Madrid, New York, Paris and Zurich. Additionally, Eurex offers an "Internet Access Point" for members accessing Eurex remotely worldwide via the Internet.