Eurex issues Euribor futures challenge

The Deutsche Börse-owned derivatives exchange is opening up a new front in its battle against NYSE Liffe

Eurex is renewing its push into short-term Euribor derivatives, opening up a new front in its battle against NYSE Liffe.

From June 1, the Deutsche Börse-owned derivatives exchange said it plans to relaunch three-month interest-rate futures based on Euribor, the popular interbank lending benchmark, putting it in direct competition with NYSE Liffe.

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