Athens Derivatives Exchange

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Athens Derivatives Exchange
Founded 1999
Headquarters Athens, Greece
Key People Socrates Lazaridis, CEO
Products index and single stock futures and options

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]


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]


  1. Products. Athens Exchange.
  2. [ History]. Athens Exchange.
  3. Annual Volume Survey. FIA.
  4. 2018 Annual Volume Survey. Futures
  5. History. Hellenic Exchanges.