Sydney Futures Exchange
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The Sydney Futures Exchange (SFE) is both a futures exchange and options exchange located in Australia. The 10th largest derivatives exchange in the world, SFE provides derivatives in interest rates, equities, currencies and commodities.
The Sydney Futures Exchange is the 10th largest financial futures and options exchange in the world by volume turnover and the second largest in the Asia Pacific region. SFE provides futures and options on the four most actively traded markets - interest rates, equities, currencies and commodities including wool and cattle.
The SFE's most active products are:
- SPI200 futures - Futures contracts on an index representing the largest 200 stocks on the Australian Stock Exchange by market capitalisation.
- AU 90-day Bank Accepted Bill Futures - Australia's equivalent of T-Bill futures.
- 3 year Bonds Futures - Futures contracts on Australian 3 year bonds
- 10 year Bonds Futures - Futures contracts on Australian 10 year bonds.
On Monday 27th of March 2006, a merger was announced between the Australian Stock Exchange and the Sydney Futures Exchange. Subject to regulatory and shareholder approval, the combined entity will be the 9th largest listed exchange in the world.
The New Zealand Futures & Options Exchange (NZFOE) previously existed as a subsidiary of the SFE until the markets were integrated on the 11th of March 2004.
