CTFC approves Eurex U.S. exchange

Eurex's U.S. unit, U.S. Futures Exchange, today received unanimous approval from the Commodity Futures Trading Commission as a designated exchange, according to a news release from the CFTC. Trading on the exchange, to be called Eurex U.S., is scheduled to begin Feb 8 and will compete directly with the Chicago Board of Trade and the Chicago Mercantile Exchange.