Athens Derivatives Exchange
| Athens Derivatives Exchange | |
| |
| Founded | 1999 |
|---|---|
| Headquarters | Athens, Greece |
| Key People | Socrates Lazaridis, CEO |
| Products | index and single stock futures and options |
| Website | http://www.athexgroup.gr/ |
The Athens Derivatives Exchange, launched in 1999, is part of the Athens Exchange or ATHEX, a subsidiary of the Hellenic Exchanges.
The derivatives market offers futures and options on the FTSE/ATHEX Large Cap Index and single stock futures.[1]
The Athens Derivatives Exchange and Athens Stock Exchange merged in September 2002, and was renamed the Athens Exchange.[2]
ADEX was ranked the 35th among global derivatives exchanges by volume in 2018 with 13.9 million contracts traded, down 28 perccent from a year earlier, according to the annual volume survey published by the Futures Industry Association (FIA).[3][4]
Backgound[edit]
ADEX was first established in 1999 as a subsidiary of the Athens Stock Exchange (ASE) and then combined with the ASE under a new parent company, Hellenic Exchanges, in 2002.[5]
The Athens Derivative Exchange Clearing House (ADEXCH) merged with Hellenic Exchanges in 2006.
Annual Volumes[edit]
| Year | Total Annual Volume | Percent Change |
| 2018 | 13,946,112 | (-28.2%) |
| 2017 | 19,447,211 | 25.7% |
| 2016 | 15,470,716 | 5.6% |
| 2015 | 14,653,105 | 35.7% |
| 2014 | 10,798,988 | 17.3% |
| 2013 | 9,204,155 | (-)67.4% |
| 2012 | 28,261,224 | 170.9% |
| 2011 | ~10,400,000 (est.) | 22.6% |
| 2010 | 8,481,281 | 7.9% |
| 2009 | 7,859,952 | -- |
Key People[edit]
- Socrates Lazaridis, CEO of Hellenic Exchanges
References[edit]
- ↑ Products. Athens Exchange.
- ↑ [www.athexgroup.gr/helex-history History]. Athens Exchange.
- ↑ Annual Volume Survey. FIA.
- ↑ 2018 Annual Volume Survey. Futures Industry.org.
- ↑ History. Hellenic Exchanges.