Editing Eurex (section)

== History ==
In the 1990s, Europe went through a power shift in its financial sector. London ([[LIFFE]], London Financial Futures Exchange) began to lose dominance in trading German government bonds futures (The Bund) to the Frankfurt-based Deutsche Terminbörse (DTB). This event has come to be known as the ‘Battle of the Bund’.<ref>{{cite web|url=https://www.economist.com/blogs/freeexchange/2008/09/battle_of_the_bund|title=Battle of the Bund|publisher=}}</ref>

The DTB was one of the world's first electronic exchanges, and by 1997 had distributed its screens across Europe and into the United States. As the DTB was in the midst of a battle to wrench [[liquidity]] in the Bund contract away from its chief cross-continental rival, the [[open outcry]] operated LIFFE, it began the merger proceedings with [[SOFFEX]] (the Swiss Options and Financial Futures Exchange). The shift started gradually but then followed a “tipping point” dynamic that began in early 1998.<ref name="marketswiki.com">{{cite web|url=http://www.marketswiki.com/wiki/Eurex|title=Eurex - MarketsWiki, A Commonwealth of Market Knowledge|website=www.marketswiki.com}}</ref>

All of these dynamic changes led in 1998 to the creation of Eurex. Its creation took almost a decade of close cooperation between the DTB and SOFFEX and their parent companies, Deutsche Börse AG and [[SIX Swiss Exchange]] to be completed.  
Eurex was jointly operated by Deutsche Börse and the SIX Swiss Exchange with the German group holding 50 percent of the voting rights and 85 percent of the share capital. This joint leadership lasted until January 2012, when Deutsche Börse acquired the remaining shares in Eurex Zurich AG from SIX Group AG, making Deutsche Börse the sole owner of the pan-European derivatives exchange.

Eurex has nine worldwide representative offices.