Eurex the Frankfurt-based derivatives exchange, has expanded its suite of indices as competitor Euronext attempts to wrestle away market share from its coveted index derivatives segment.

Eurex enjoys a strong lead in the sector with its DJ Euro Stoxx 50 index contracts. But last week Euronext, the Paris-based exchange, teamed up with FTSE, the index company, in an attempt to break into the pan-European equity derivatives market with two new indices, the FTSEurofirst 80 and 100.