Derivatives Forum Madrid 2025

Moderator: Annette Weisbach, Financial Journalist and Moderator

The upcoming Euro-EU Bond Futures are designed to enhance liquidity in the EU debt market. What are the key drivers behind this innovative product, its potential benefits for investors, and does it complement Eurex's existing fixed income offerings. Discover how these physically delivered futures can be utilized for hedging EU Bond exposure and contribute to a more dynamic market.

• How can investors leverage Euro-EU Bond Futures to manage risk and potentially enhance returns within their portfolios?

• Understanding the specifics of the contract specifications, delivery mechanism, and how these futures fit into the broader fixed income landscape.

Moderator: Annette Weisbach, Financial Journalist and Moderator

Speakers:

• Jutta Frey Hartenberger, Global Product Lead EU Bond Futures, Derivatives Products & Markets

• More speakers will be announced soon:
  

With trading and clearing of euro-denominated derivatives now readily available on a single platform, the market landscape is changing. But is liquidity the only measure of success? This panel goes beyond the hype and explores the real drivers shaping the future of euro derivatives.

• How to optimize trading strategy with STIRs?

• How to manage STIR/FX exposure during uncertain central bank interventions?

• How can investors leverage benchmark derivatives to achieve specific investment goals?

Moderator: Annette Weisbach, Financial Journalist and Moderator

Speakers:

• Sophie Granchi, Regional Sales Manager, Eurex

• Bastien Donnadieu, Delta One Trading, BNP Paribas

• More speakers will be announced soon.

After a decade of low interest rates, 2022 marked the return of inflation and volatility to the corporate bond market, creating both challenges and opportunities for investors. Looking ahead, the macroeconomic outlook remains uncertain,

particularly with ongoing geopolitical risks and fiscal pressures. How can investors navigate this complex landscape and gain efficient exposure to corporate bonds? Our panelists present a transparent and cost-effective solution.

• How do Eurex Credit Index futures and options work?

• What are the benefits of using these products to invest in the global corporate bond market?

Speakers:

• Davide Masi, Credit Derivatives Global Product Lead, Eurex

• Juan Manuel Lorencio, Head of Portfolio & ETF Trading, Banco Santander

• Imanol Urquizu, Head of Derivatives, Santander Asset Management

Join us for an engaging panel discussion exploring the diverse applications of delta one derivatives, starting with a beta-focused approach. We'll delve into various use cases for futures in replicating equity benchmarks, examining how the risk profiles of price vs. net total return futures influence the efficiency of targeting specific exposures. Discover how Total Return Futures across European and MSCI markets can help minimize tracking error.

The panel will then shift its focus to alpha generation strategies using delta one derivatives. Learn how total return futures (TRFs) and dividend futures provide asset managers with opportunities to enhance returns and generate alpha. We'll also explore the role of derivatives in quantitative investment strategies (QIS), from portfolio construction to alpha generation.

• How to utilize futures for replicating equity benchmarks

• How TRFs can serve as a listed alternative to OTC swaps

• How asset managers use TRFs and BTRFs to generate alpha

• How to harness derivatives in QIS portfolio construction

Moderator: Stuart Heath, Director Products & Markets, Eurex

Speakers:

• Pablo Fernandez Gomez, Head of Equity Dealing, BBVA Asset Management

• Antoine Deix, Head of Dividend & Repo Solutions, BNP Paribas

• Nir Shah, Delta 1 Equity Solutions, BNP Paribas

Macroeconomic trends and regulations are significantly reshaping the repo market. Buy-side institutions are increasingly adopting cleared repo to navigate these changes and optimize liquidity and stability. This fireside chat will explore how buy-side firms are leveraging cleared repo to adapt and thrive in this evolving landscape.

• How does cleared repo help buy-side firms gain operational efficiencies and reduce financing costs?

• What are the key risk management benefits of using cleared repo in a volatile market environment?

• How can buy-side firms effectively integrate cleared repo into their existing trading and collateral management strategies?

Moderator: Annette Weisbach, Financial Journalist and Moderator

Speakers:

• Gwennaelle Massin, Regional Sales Manager Southern Europe, Eurex

• Frank Odendall, Member of the Management Board Eurex Repo, Head of Eurex Funding & Financing Products & Markets, Eurex

Moderator: Annette Weisbach, Financial Journalist and Moderator

Oroya, at the rooftop bar of the venue