Helsinki Exchanges and the German-Swiss derivatives exchange Eurex have agreed upon large-scale co-operation in April 1999. Eurex extends its Trading System to Nordic Countries starting from Helsinki, Finland. The objective of the agreement is to begin trading in Eurex´s System with the central derivative products of Helsinki Exchanges in October 1999.
The planned co-operation makes it accessible for all the members of Eurex to trade with the principal derivative instruments of Helsinki Exchanges. Correspondingly, the members of Helsinki Exchanges will be able to trade with the variety of Eurex´s listed derivative products.
"The objective now attained has actually been in sight in various ways from the moment that development of the book entry system started at the beginning of the decade," states Helsinki Exchanges CEO Juhani Erma. The Deputy CEO of Eurex Zürich sees the co-operation as a step in promoting Eurex´s target of connecting the international derivatives markets. He
