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DAX® Futures

DAX® Futures (FDAX)

Product ISIN
DE0008469594
Underlying ISIN
DE0008469008
Currency
EUR

Latest

Prices/Quotes

Displayed data is 15 minutes delayed. Last Update: Jun 18, 2013 22:03:42

Orderbook

Opening PriceHighLowBid PriceBid VolumeAsk PriceAsk VolumeDiff. to previous dayLast PriceDateTimeDaily Settlem. PriceTraded ContractsOpen Interest (adj.)Open Interest DateLast Trading Day
8,203.50 8,243.50 8,174.00 n.a. 0 n.a. 0 +0.62% 8,241.50 06/18/2013 22:03:42 8,230.50 101,784 136,998 06/18/2013 06/18/2013
Prices/Quotes for all products

Statistics

Data is for Jun 17, 2013   Last Update: Jun 18, 2013 00:00:00

Product Type:
F
Stock Exchange:
n/a
Underlying Closing Price:
8,215.73
Delivery MonthOpening PriceDaily HighDaily LowUnderlying Closing PriceSettlem. PriceTraded ContractsOpen Interest (adj.)*
Jun 138,139.008,264.008,139.008,191.008,220.00157,369150,208
Sep 138,145.508,270.008,145.508,202.008,227.0045,43545,415
Dec 138,189.008,275.008,189.008,194.008,236.00651,774
Total     202,869197,397
More statistics for DAX® Futures
More statistics for DAX®
Statistics for all products

Product News

Product News for product group

Vendor Codes

Vendor NameVendor Code
Bloomberg L.P.GXA Index CT
ComStock<17>l,FDAXmy
CQGDD
SIX TelekursDAX
Thomson FinancialFDAX/F.EX*
thomsonreuters<0#FDX:>
vwd2701 & 2705
Vendor Codes for product group

Trading

Contract Specifications

Version : 09 Jul 2012

Contract Standards

Contract

Product ID

Underlying

DAX® Futures

FDAX®

DAX®, the blue chip index of Deutsche Börse AG

DivDAX® Futures

FDIV

DivDAX®, the dividend index of Deutsche Börse AG

MDAX® Futures

F2MX

MDAX®, the international mid cap index of Deutsche Börse AG

TecDAX® Futures

FTDX

TecDAX®, the international technology index of Deutsche Börse AG


Settlement

Cash settlement, payable on the first exchange day following the Final Settlement Day.


Contract Values and Price Gradations

Contract

Contract Value

Minimum Price Change

Points

Value

DAX® Futures

EUR 25

0.5

EUR 12.50

DivDAX® Futures

EUR 200

0.05

EUR 10

MDAX® Futures

EUR 5

1

EUR 5

TecDAX® Futures

EUR 10

0.5

EUR 5


Contract Months

Standard - up to 9 months: The three nearest quarterly months of the March, June, September and December cycle.


Last Trading Day and Final Settlement Day

Last Trading Day is the Final Settlement Day.

Final Settlement Day is the third Friday of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day.

Close of trading in the maturing futures on the Last Trading Day is at the beginning of the Xetra® intraday auction starting at 13:00 CET (for MDAX® Futures at 13:05 CET).


Daily Settlement Price

The Daily Settlement Prices for the current maturity month are derived from the volume-weighted average of the prices of all transactions during the minute before 17:30 CET, provided that more than five trades transacted within this period.

For the remaining maturity months, the Daily Settlement Price for a contract is determined based on the average bid/ask spread of the combination order book.


Final Settlement Price

The Final Settlement Price is established by Eurex on the Final Settlement Day of the contract and is determined by the value of the respective index, based on Xetra® auction prices of the respective index component shares. The intraday auction starts at 13:00 CET (for MDAX® component shares at 13:05 CET).


Further details are available in the clearing conditions and the contract specifications.



DAX® Futures, MDAX® Futures and TecDAX® Futures are available for trading in the U.S.

Trading Calendar

  • 02 Jan 2013
    Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Exchange Traded Funds Derivatives | Interest Rate Derivatives | Switzerland | Holiday

    No cash payment in CHF

  • 02 Jan 2013
    Equity Index Derivatives | Switzerland | Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • 21 Jan 2013
    Equity Derivatives | Equity Index Derivatives | Dow Jones-UBS | Gold Derivatives | Silver Derivatives | Exchange Traded Commodities Derivatives | Coal Derivatives | Weather Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 18 Feb 2013
    Equity Derivatives | Equity Index Derivatives | Dow Jones-UBS | Gold Derivatives | Silver Derivatives | Exchange Traded Commodities Derivatives | Coal Derivatives | Weather Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 29 Mar 2013
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Volatility Index Derivatives | Exchange Traded Funds Derivatives | Inflation Derivatives | Commodity Derivatives | Weather Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 01 Apr 2013
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Volatility Index Derivatives | Exchange Traded Funds Derivatives | Inflation Derivatives | Commodity Derivatives | Weather Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 01 May 2013
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Volatility Index Derivatives | Exchange Traded Funds Derivatives | Inflation Derivatives | Commodity Derivatives | Weather Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 09 May 2013
    Equity Index Derivatives | Finland | Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • 09 May 2013
    Fixed Income Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Exchange Traded Funds Derivatives | Switzerland | Holiday

    No cash payment in CHF

  • 09 May 2013
    Equity Index Derivatives | Switzerland | Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • 20 May 2013
    Fixed Income Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Exchange Traded Funds Derivatives | Switzerland | Holiday

    No cash payment in CHF

  • 20 May 2013
    Equity Index Derivatives | Switzerland | Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • 27 May 2013
    Equity Derivatives | Equity Index Derivatives | Dow Jones-UBS | Gold Derivatives | Silver Derivatives | Exchange Traded Commodities Derivatives | Coal Derivatives | Weather Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 20 Jun 2013
    Equity Index Derivatives | Finland | Last Trading Day

    Last Trading Day for Finnish equity index derivatives

  • 21 Jun 2013
    Equity Index Derivatives | Finland | Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • 04 Jul 2013
    Equity Derivatives | Equity Index Derivatives | Dow Jones-UBS | Gold Derivatives | Silver Derivatives | Exchange Traded Commodities Derivatives | Coal Derivatives | Weather Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 01 Aug 2013
    Fixed Income Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Exchange Traded Funds Derivatives | Switzerland | Holiday

    No cash payment in CHF

  • 01 Aug 2013
    Equity Index Derivatives | Switzerland | Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • 02 Sep 2013
    Equity Derivatives | Equity Index Derivatives | Dow Jones-UBS | Gold Derivatives | Silver Derivatives | Exchange Traded Commodities Derivatives | Coal Derivatives | Weather Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 14 Oct 2013
    Equity Derivatives | Equity Index Derivatives | Dow Jones-UBS | Gold Derivatives | Silver Derivatives | Exchange Traded Commodities Derivatives | Coal Derivatives | Weather Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 11 Nov 2013
    Equity Derivatives | Equity Index Derivatives | Dow Jones-UBS | Gold Derivatives | Silver Derivatives | Exchange Traded Commodities Derivatives | Coal Derivatives | Weather Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 28 Nov 2013
    Equity Derivatives | Equity Index Derivatives | Dow Jones-UBS | Gold Derivatives | Silver Derivatives | Exchange Traded Commodities Derivatives | Coal Derivatives | Weather Derivatives | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • 06 Dec 2013
    Equity Index Derivatives | Finland | Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • 24 Dec 2013
    Weather Derivatives | Volatility Index Derivatives | Property Derivatives | Interest Rate Derivatives | Inflation Derivatives | Equity Index Derivatives | Exchange Traded Funds Derivatives | Equity Derivatives | Dividend Derivatives | Commodity Derivatives | Holiday

    Eurex is closed for trading in all derivatives

  • 25 Dec 2013
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Volatility Index Derivatives | Exchange Traded Funds Derivatives | Inflation Derivatives | Commodity Derivatives | Weather Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 26 Dec 2013
    Interest Rate Derivatives | Equity Derivatives | Equity Index Derivatives | Dividend Derivatives | Volatility Index Derivatives | Exchange Traded Funds Derivatives | Inflation Derivatives | Commodity Derivatives | Weather Derivatives | Property Derivatives | Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • 31 Dec 2013
    Commodity Derivatives | Dividend Derivatives | Equity Derivatives | Exchange Traded Funds Derivatives | Equity Index Derivatives | Inflation Derivatives | Interest Rate Derivatives | Property Derivatives | Volatility Index Derivatives | Weather Derivatives | Holiday

    Eurex is closed for trading in all derivatives

Complete Trading Calendar

Trading Hours

Regular Trading Day
Pre-TradingTradingPost-Trading
FullLate1Late2Restricted
07:3007:5022:0022:30
Last Trading Day
Pre-TradingTradingPost-Trading
FullLate1Late2Restricted
07:3007:5013:00

Transaction Fees

Fee TypeFee
Exchange transactions: Standard feesEUR 0.50 per contract
OTC transactions: Standard FeesEUR 0.75 per contract
Position Closing AdjustmentsEUR 1.00 per contract
Cash settlementEUR 0.50 per contract
Position transfer with cash transferEUR 7.50 per transaction
All Trading Fees and Prices

OTC Block Trade

Admitted to the OTC Block Trade Facility for minimum number of tradable contracts: 250

Parameters

Transaction Limits

FloorFactor / TradeLimit per ProductFee per Transaction in Excess of Limit
NormalMass Quote (MASSQ)< 50 %50-100 %> 100 %
200,0006n/an/a0.050.20.5

Market Makers

Mistrade Ranges

A deviation of the Mistrade Transaction Price from the Reference Price shall be deemed significant if the price of the Mistrade Transaction deviates from the Reference Price more than 20 percent of the margin parameters for the corresponding futures contract, unless another regulation has been made for an individual product.

Crossing Parameters

(section 2.3 Eurex Trading Conditions)

(1) Orders and quotes relating to the same contract or to a system-supported combination of contracts may, in case they could immediately be executed against each other, neither be entered knowingly by an Exchange Participant (a cross trade) nor pursuant to a prior understanding by two different Exchange Participants (a prearranged trade), unless the conditions according to paragraph 3 have been fulfilled. The same shall apply for the entry of orders as part of a quote.

(2) An Exchange Participant may submit a description of his internal and external links to the EDP system of the Eurex Exchanges to the Market Surveillance Office of Eurex Germany or to the Surveillance and Enforcement Office of Eurex Zürich, with a view to a decision on whether the Exchange Participant acted knowingly within the meaning of paragraph 1. The details of the specifications of the description of the IT linkage pursuant to sentence 1 shall be determined by the Surveillance Offices of Eurex Germany and Eurex Zürich in agreement with the Boards of Management of the Eurex Exchanges. The specifications shall be subject to publication. Disclosure of said specifications to one of the two Surveillance Offices named above shall be deemed to be disclosure to both Eurex Surveillance Offices.

(3) A cross trade or a pre-arranged trade is admissible if a participant in a cross-trade or a pre-arranged trade, prior to entering his order or quote, enters a cross request equivalent to the number of contracts of the order. The order or quote giving rise to the cross trade or pre-arranged trade must be entered five seconds at the earliest and 65 seconds at the latest with regard to Money Market Futures contracts, Fixed Income Futures contracts, options on Money Market Futures contracts and options on Fixed Income Futures contracts, respectively 35 seconds at the latest with regard to all other futures and option contracts after having entered the cross request. The purchasing Exchange Participant shall bear the responsibility for compliance with the content of the cross request entry.

(4) Paragraphs 1 and 3 shall not apply to transactions consummated during the netting process in the opening period (subsection 1.3 paragraph 2) or during the closing auction (subsection 1.3 paragraph (3)).

(5) Paragraph 1 shall apply mutatis mutandis to other behaviour constituting evasion of this regulation.

 

© Eurex Frankfurt AG