BCS Financial Group expands in Europe with Eurex membership
Exchange membership grants BCS clients access to Europe’s most traded contracts; builds on existing LSE derivatives membership.
BCS Prime Brokerage, the international arm of Moscow exchange broker BCS Financial Group, has been granted membership on European derivatives exchange Eurex.
BCS Prime has become a Non-Clearing Member (NCM), which allows trading participation and provides clients access to the Eurex exchange.
Clients of BCS now have access to some of Europe’s most traded contracts such as Euro Stoxx 50 and Dax, as well as additional liquidity in Eurex’s Russian derivatives. The Eurex Exchange offers more than 1,900 products covering all major and alternative asset classes including Russian equity indexes derivatives such as RDXUSD.
The move aims to strengthen BCS Financial Group’s presence and capability in Europe, adding to its existing LSE Derivatives Market membership which enables the group to access the derivatives division of the London Stock Exchange.
Matthieu Ressencourt head of Equity Derivatives Trading, BCS Financial Group said: “Our membership of Eurex is yet another significant milestone as we grow and strengthen our international business. Joining the exchange will give both our international and Russian clients more options when trading, especially those based in Russia who will now have access to Europe’s largest derivatives exchange.”
Source: automatedTrader – BCS Financial Group expands in Europe with Eurex membership
