BCS Prime Brokerage, the international arm of BCS Financial Group and the largest broker of equities and derivatives on the Moscow Exchange, has been granted membership on Eurex, Europe’s largest derivatives exchange.
BCS Prime has become a non-clearing member (NCM), which allows trading participation and provides clients access to the Eurex exchange.
Clients of BCS Prime 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 like RDXUSD.
BCS Financial Group’s Eurex membership adds to its existing LSE Derivatives Market membership which grants the group access to the derivatives division of the London Stock Exchange, the largest stock exchange in Europe.
Matthieu Ressencourt, head of equity derivatives trading at 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.”
