Eurex says more Asians are trading European markets

Volumes generated from Asian users of Eurex rose 95% in the first half of 2010, compared to the same period last year, and a big driver of this was growing algorithmic trading volumes from small prop-trading firms, according to Eurex. Algo trading has become more important, with its share of overall volume rapidly increasing in recent years, the exchange reports. Coupled with that is a growing trend for Asian traders to use Eurex remotely to trade futures and options based on Europe…