Emerging markets derivatives: The central European option

Emerging markets derivatives: Swings and roundabahts

Emerging markets derivatives: Latins learn virtue of credit swaps

The images often associated with Vienna – waltzing couples, horse-drawn carriages and Gothic cathedrals – are far removed from the aggressive world of the trading floors of New York, London or Chicago. Yet over the past year the Austrian capital has become the centre of a booming trade in east European equity derivatives. Last month, the Austrian Futures and Options Exchange (Ötob) launched a futures contract on a Polish equity index.