Eurex and KRX Celebrate 1 Year of KOSPI 200 Index Option Trading
On Monday September 5, 2011 the Korea Exchange and the Deutsche Bourse’s Eurex segment celebrated the one year anniversary of the latter exchanges listing of the KOSPI 200 Index Option with a Gala dinner in Seoul, Korea. The dinner held at The Shilla Hotel was attended by Michael Peters of Eurex’s Executive Board and Jin-Gyu Kim President and COO of the Korea exchange among a wide array of Korean brokers and buy side members.
The contract began trading August 30, 2010 which saw just 24 contracts changing hands. One year later, however, volume for August 2011 ballooned to a staggering 2.48 million contracts or more than 107,000 per day on average. There was a one day high on August 4 of 207,000 contracts. As you can see by the graph volume initially grew slowly and it was not until May 2011 that the contract began to take off breaching the 1 million contract mark since launch.
The Bombay Stock Exchange’s SENSEX 30 index future also trades on Eurex and the Singapore Exchange has listed the STOXX 50 Index future.