Eurex Exchange
One of the world's leading derivatives exchanges
About Eurex Exchange
Eurex Exchange is one of the world's leading derivatives exchanges, offering a broad range of international benchmark products and operating the most liquid fixed income markets in the world. Founded in 1998, Eurex is part of Deutsche Börse Group and provides access to a wide range of derivatives products including European equity index derivatives, interest rate derivatives, equity derivatives, and ETF derivatives.
Major Product Categories
European Equity Index Derivatives
- EURO STOXX 50® Index Futures (FESX)
- DAX® Futures (FDAX)
- STOXX® Europe 600 Index Futures (FXXP)
- EURO STOXX® Banks Index Futures (FESB)
- MSCI World Index Futures (FMWO)
Interest Rate Derivatives
- Euro-Bund Futures (FGBL)
- Euro-Bobl Futures (FGBM)
- Euro-Schatz Futures (FGBS)
- Euro-OAT Futures (FOAT)
- Euro-BTP Futures (FBTP)
Equity Derivatives
- Single Stock Futures
- Single Stock Options
- Dividend Derivatives
- Total Return Futures
- Equity Index Options
ETF Derivatives
- ETF Options
- ETF Futures
- iShares Core DAX UCITS ETF Options
- iShares Core Euro STOXX 50 UCITS ETF Options
- Xetra-Gold® Futures
FX Derivatives
- EUR/USD Futures
- GBP/USD Futures
- EUR/GBP Futures
- EUR/CHF Futures
- USD/CHF Futures
Commodity Derivatives
- European Power Derivatives
- European Natural Gas Derivatives
- European Emissions Derivatives
- Agricultural Derivatives
- Precious Metals Derivatives
Trading Hours
Eurex Exchange offers extended trading hours for most products. Here are the key trading sessions:
Equity Index Derivatives
Pre-Trading: 07:30-08:50 CET
Continuous Trading: 08:50-22:00 CET
Post-Trading: 22:00-22:30 CET
Interest Rate Derivatives
Pre-Trading: 07:30-08:00 CET
Continuous Trading: 08:00-22:00 CET
Post-Trading: 22:00-22:30 CET
Equity Derivatives
Pre-Trading: 07:30-09:00 CET
Continuous Trading: 09:00-17:30 CET
Post-Trading: 17:30-20:00 CET
FX Derivatives
Pre-Trading: 07:30-08:00 CET
Continuous Trading: 08:00-22:00 CET
Post-Trading: 22:00-22:30 CET
Popular Eurex Contracts
EURO STOXX 50® Index Futures (FESX)
The most actively traded European equity index futures contract, representing the 50 largest blue-chip companies in the Eurozone.
- Contract Size: €10 per index point
- Minimum Price Movement: 1 index point = €10
- Contract Months: March, June, September, December (up to 9 months)
- Settlement: Cash settlement
Euro-Bund Futures (FGBL)
The benchmark for European government bonds, based on notional long-term debt instruments issued by the Federal Republic of Germany.
- Contract Size: €100,000 nominal value
- Minimum Price Movement: 0.01% = €10
- Contract Months: March, June, September, December (up to 9 months)
- Settlement: Physical delivery
DAX® Futures (FDAX)
Based on the German blue-chip DAX index, representing the 40 largest and most liquid German companies.
- Contract Size: €25 per index point
- Minimum Price Movement: 0.5 index points = €12.50
- Contract Months: March, June, September, December (up to 9 months)
- Settlement: Cash settlement
How to Trade Eurex Products
1. Choose a Broker
Select a broker that offers access to Eurex products. Popular choices include:
- Interactive Brokers
- Saxo Bank
- IG Group
- European banks with brokerage services
2. Fund Your Account
Ensure you have sufficient capital to meet margin requirements and manage risk effectively.
3. Access the Market
Eurex products can be traded through:
- Eurex T7: The exchange's electronic trading platform
- Broker Platforms: Proprietary trading software
- Third-party Platforms: Compatible with various trading platforms
4. Develop a Trading Strategy
Create a comprehensive trading plan including:
- Risk management rules
- Entry and exit criteria
- Position sizing guidelines
- Market analysis methods
Risk Management
Trading Eurex derivatives involves substantial risk. Consider these risk management principles:
- Understand the products you are trading and their specific risks
- Use stop-loss orders to limit potential losses
- Be aware of market hours and potential gaps between sessions
- Monitor European economic events that may impact market volatility
- Consider currency risk if your base currency is not Euro
- Start with smaller positions until you gain experience
Regulatory Information
Eurex Exchange is regulated by the Exchange Supervisory Authority of the State of Hesse (Germany). Eurex Clearing AG, the central counterparty for Eurex trades, is regulated by the German Federal Financial Supervisory Authority (BaFin).
Traders should be aware of the regulatory requirements in their own jurisdictions when trading Eurex products.