Market Integrity

Regulatory Integrity

Neutrality to the markets, a clear and binding regulatory framework and the supervision through the responsible authorities is key, especially in volatile market conditions. Eurex has three levels of oversight: federal, state and internal regulatory measures ensuring we offer the highest integrity possible.

Electronic trading improves the regulatory monitoring of trading activities of banks and other market participants. The transparency of real-time "straight-through processing" from order to trade to clearing greatly improves supervision for both exchanges and their members.

Fair Price Discovery

The deep market liquidity of Eurex products, and the diversity of its trading participants ensure fair, transparent and competitive pricing.

Price discovery at Eurex takes place continuously throughout the trading day as market participants submit orders and quotes in central order books where they are matched against each other. In option and certain futures contracts, Market Makers support order book liquidity by providing constant quotes, thereby facilitating price discovery.

Efficient and Leading Risk Management

Eurex Clearing guarantees the fulfillment of every trade made in any of the markets for which it provides its services. Clearing Members have a variety of industry leading risk management tools at their disposal ranging from pre-trade risk tools to the newly introduced pro-active risk monitoring. The quintessence is an event-driven fully-automated supervision which marks each clearing participant's current open positions to market, in real-time. Now, risk management takes place simultaneously to trading. Through this, growing risk management needs - due to algorithmic trading and direct market access - are adequately accounted for. Together with its Risk-based Margining system, Eurex Clearing protects against the risk of default like no other clearing house. Click here for more information.