Eurex, part of the Deutsche Börse Group, launched a Credit Credit Retailers Program, providing a strong liquidity tank for these instruments and signaling an important step towards a more effective and affordable credit market.
The eight prominent financial institutions that have joined the program from its release on August 1, 2025, are: Banco Santander, BNP Paribas, Flowtraders, Goldman Sachs, Jane Street, JP Morgan, Morgan Stanyy and Susquehanna International Group.
This program expands Eurex’s successful partnership program-which has already been established at short-term interest rate and interest rates markets-to credit derivatives. The performance-based program encourages a cooperative ecosystem, aligning the motivation and responsibilities for all participants-from liquidity providers to the final users-as far as the economy and governance concerns. This common commitment aims to stimulate growth and liquidity in this basic market.
The Futures Eurex Credit Index Futures provides a simplified, centrally cleared way to manage the credit market market exposure, avoiding the complexity and costs associated with OTC instruments such as the Credit Default Swaps (CDS) and total exchanges (TRSs). Customers benefit from the effectiveness of the intersection of a product in the EUREX world multi -asset suite, including risk compensation with fixed income products. A wet and transparent market for future credit indicators contracts will expand access for a wider range of investors, including smaller institutions and electronic privately owned commercial companies.
Matthias Graulich, Member of the Eurex Executive Board:
“We are excited to launch this program with eight top partners, to share a common vision of converting credit markets. By promoting Eurex credit marketers, we accelerate electronic and standardization for a more efficient and accessible market, us worldwide. ”
Demand for future credit indicators contracts is steadily increasing since its founding in October 2021 with the launch of the Bloomberg MSCI Euro Corporate Monders Futures. Growth has been mainly driven by end customers looking for liquids, transparent and cost -effective investment vehicles. Today, the sector includes global credit markets, covering investment classes and high returns in all global coins.
The volume and open interest this year has more than doubled compared to the first eight months of 2024, while the total negotiable in all future credit contracts at EUREX amounted to more than 75 billion euros, with a total pending fictional level of EUR 31.