What is Eurex used for?
What Is the Eurex? The Eurex (or Eurex Exchange) is one of the largest futures and options markets in the world. It deals primarily with European-based derivatives but provides electronic access to traders connected from more than 700 locations around the world.
What is Euro Bund Future?
Definition of term Euro-Bund Future Synonym: Bund future Interest rate futures contract on a notional long-term German government bond (Bundesanleihe) with a remaining term comprised between 8.5 and 10.5 years. Bund futures are the most actively traded interest rate future contracts of the euro zone.
What is Eurex EnLight?
Eurex EnLight is a selective request-for-quote (RFQ) platform, fully integrated Straight-Through-Processing (STP) into the T7 trading system. It is designed to enhance market structure and bring together buying and selling interest from all types of market participants engaged in off-book trading.
What time do Eurex options expire?
* On each last trading day, the Post-Trading Full-Period starts at 12:30 CET and ends at 20:00 CET.
What is Eurex improve?
Eurex Improve provides Trading Participants with a tool suited to guarantee their customers complete execution of orders below minimum block trade sizes at the best available price.
What is an exchange day at Eurex?
An exchange day within the meaning of this exception is a day, which is both an exchange day at the Eurex Exchanges and a federal workday in the U.S. Close of trading in all option series on the Last trading day is at 17:15 CET. The daily settlement price is established by Eurex.
When does Eurex establish the final settlement price?
If such a price cannot be determined, or does not reasonably reflect the prevailing market conditions, Eurex will establish the final settlement price. Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 2,000 contracts.
What are the trading phases of the Eurex Exchange?
Eurex Exchange operates in three trading phases: pre-trading, trading and post-trading. The post-trading phase is further split in several periods where different functions are available. The pre-trading phase starts at 07:30 CET.
How do I notify Eurex of my short positions?
Clearing members with open short positions must notify Eurex on the last trading day of the maturing futures which debt instrument they will deliver. Such notification must be given by the end of the Post-Trading Full Period.
