Service Navigation

“Interest in our MSCI options has increased”: Three questions for Ralf Huesmann

Release date: 26 Jun 2018 | Eurex Exchange

“Interest in our MSCI options has increased”: Three questions for Ralf Huesmann

The June roll in the MSCI derivatives has just come to an end. We spoke to Ralf Huesmann, Eurex Product Research and Development, about how the segment has developed recently.

Ralf, the quarterly roll period is over. Have volumes risen again?
Yes, we saw strong volumes, but not only because of the roll. On 14 June, we had an all-time-high in open interest with 2.76 million contracts. We also noted a daily record turnover on 12 June with 553,000 contracts. With a total volume of 2.44 million contracts traded so far, June is already quite close to the record monthly volume of March with 2.52 million contracts. All in all, total volume in 2018 grew 47% year-on-year.

What are the latest developments in Eurex’ MSCI space?
In particular, interest in our MSCI options has increased recently. The decisive factor here was the relatively sharp price fall in some emerging markets (EM) due to the ongoing uncertain geopolitical situation. This has created additional hedging demand and consequently increased activity in options. The open interest of our Broad EM options (price index) has doubled this year to 135,000 contracts now or almost EUR 6 billion notional.

In the past, more than 50% of open interest was linked to Asian-dominated indices. Is that still the case?
Other contracts such as MSCI USA, North America or World have gained this year. At the same time, we see increased competition in Asian contracts, so that the share of open interest in Asian-dominated products is now at approximately 45%. Here, we believe that the trading hours extension, which is planned for December, will help to foster trading of Asian-based contracts as they can be traded or entered as blocks during the local cash market hours. All MSCI Futures will be available for Asian hours right from the start.

Ralf Huesmann

Eurex Frankfurt AG
Equity and Index Product Research and Development

Mergenthalerallee 61
65760 Eschborn

T +49-69-211-1 54 43


Market Status




Parts of the trading system are currently experiencing technical issues

The trading system is currently experiencing technical issues

Production newsboard

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java? version within the browser.

  • 越来越多人家中不装推拉门 现在流行这种采光好 ——凤凰网房产 2018-12-18
  • 南昌火车站区域将增设电子警察 2018-12-17
  • 地价10年暴涨4倍背后:供地减半 开发商拿地疯狂 ——凤凰网房产天津 2018-12-16
  • 思想与用词停留在三十年前。 2018-12-15
  • 法制日报:别让世界杯激情冲淡守法意识 2018-12-14
  • 候选案例:碧桂园沪苏一对一帮扶基金 2018-12-14
  • 昌赣高铁假期加紧施工 2018-12-13
  • 本网专稿--河北频道--人民网 2018-12-13
  • 21个月写了12封家书——左权:烽火里的家国情怀 2018-12-12
  • 为何限制次数?预期效果怎样?如何保障出行?——三问北京部分载客汽车管理新政策 2018-12-11
  • 电视剧《脱身》曝最新海报 2018-12-11
  • 北汽两年估值涨6倍 却难掩新能源汽车“拐杖”后遗症 2018-12-10
  • 不好意思了,忘记还有赌球一说。[哈哈] 2018-12-10
  • 最悲催的吃货:7年前花1万比特币买两个披萨现在值2亿 2018-12-09
  • 申长雨率团访问加拿大知识产权机构 2018-12-08
  • 832| 374| 725| 866| 549| 495| 264| 191| 875| 534|