SGX launching Euro Stoxx 50 futures Dec. 6

From a press release issued by SGX...

19 November 2010 – Singapore Exchange (SGX) today announced that the SGX EURO STOXX 50 Index futures and options on futures will start trading on its derivatives market on 6 December.

The debut of the US-dollar denominated EURO STOXX 50 futures and options will mark the first time these products are available in Asia.

Ms Janice Kan, Senior Vice President, Derivatives at SGX said, “The launch of the SGX EURO STOXX 50 futures and options will allow investors to respond earlier to developments occurring outside of European trading hours but affecting European equity markets. The addition of these contracts will bring a more international flavour to our suite of equity index derivatives, thereby strengthening our position as the listing, trading and clearing venue of choice in Asia.”

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