Eurex has partnered with FIA Tech to use their Foreign Security Futures (FSF) data services to evaluate FSF eligibility.
FIA Tech’s FSF service provides firms with analysis and advice on how to navigate regulations governing the trading of non-US index derivatives.
Eurex will begin using the data service from 31 December 2023 and will also join the Databank network.
Rachna Mathur, head of equities for the Americas at Eurex, says: “We are pleased to partner with FIA Tech and leverage their analytics to offer eligible Foreign Security Futures Products to eligible US clients. FIA Tech’s reputable expertise and network in the derivatives industry complements our strategy to increase product distribution and make Eurex more accessible to clients.”
Andrew Castello, head of client operations at FIA Tech, adds: “With the integration of our FSF trade eligibility analytics and Eurex's expertise in futures, we will usher in a new level of precision in security futures compliance. Eurex will join the Databank Network as a consumer of FSF analysis and will be using it to measure their own products for the industry. This alliance signifies a pivotal convergence of innovation and experience that could shape the future landscape of compliance."
