Athens Derivatives Exchange

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Athens Derivatives Exchange
ADEX.png
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

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

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

References

  1. Products. Athens Exchange.
  2. [www.athexgroup.gr/helex-history History]. Athens Exchange.
  3. Annual Volume Survey. FIA.
  4. 2018 Annual Volume Survey. Futures Industry.org.
  5. History. Hellenic Exchanges.