中文網站 (繁體)
09 3月 2023

Eurex Asia

【特約專稿】股市牛市走勢暫緩…至少目前如此


作者:Zubin Ramdarshan

看起來一般市場投資人(Main Street)和華爾街的大型金融機構投資人可能再次出現分歧。儘管在幾家美國科技巨頭裁員潮的背景下,全球股市受到了明顯的一月效應影響並上升。此外,投資者考慮遠離美股,投資重心或終於重回歐洲市場。

與去年同期相比,Eurex基準指數產品的交易量錄得正增長,尤其是Eurex的含股息在內的總回報指數期貨 (Total Return Futures, TR 和股息指數期貨(Index Dividend Futures)方面‘這表明創造了遠期收益敞口的結構性產品發行的需求。EURO STOXX 50®、歐洲銀行板塊和富時 100 指數 TRF 受益於高活躍度。各個股息指數期貨也反應良好,尤其是其中的 STOXX® Select 30。隨著資產配置的進行,MSCI 衍生品系列在EM Asia, EM EMEA, 中國期貨方面的交易量尤其強勁。相比之下,期權交易量增長主要來自於每周到期和月底到期的短期EURO STOXX 50®期權。正如美國期權市場發展趨勢所證明的那樣,這種對於短期期限期權交易的強勁需求是我們即將推出的NextGen ETD系統升級 項目背後的主要驅動力之一。
 

隨著市場情緒在牛熊之間取得微妙的平衡,我發現投資者關注點從宏觀圖景和美聯儲利率決策轉移到微觀的個別公司盈利。自然,這樣的環境支持投資者通過 Eurex流動的衍生品市場進行對沖。會員們還可以期待新產品的發佈時間表,本季度不久將發布第一個令人振奮的消息。






Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.