Fixed Income Futures

Fixed Income Futures

Equity Index Futures

With the Exchange for Physicals for Financials (EFP) Trade facility, members have the possibility to enter the futures leg of a wholesale trade into the system for clearing. The wholesale trade components comprise of:

Admitted Underlyings (Reporting Transaction)	Eurex Futures (Transaction creating a position)
Debt securities	Eurex Fixed Income Futures Eurex Credit Futures
Eurex or Non-Eurex Money Market Futures	Eurex Fixed Income Futures
Eurex or Non-Eurex Fixed Income Futures	Eurex Fixed Income Futures

All debt securities, which show a price correlation to exchanged Fixed Income Futures and a spread correlation to exchanged Credit Futures so that the respective futures contract describes an appropriate hedge instrument for cash transactions, may be part of an EFP trade.

Non-Eurex Fixed Income Futures within this meaning are all Fixed Income Futures traded outside the Eurex exchanges whose design does not correspond to the essential specifications of the Fixed Income Futures traded on the Eurex exchanges.

The underlying cash transaction of the EFP trade must be denominated in a currency of the OECD Member States.

Both contract parties are obligated to provide proof of the completed cash transaction if requested by a supervisory authority.

Name	Date	File
Introduction to the Exchange for Physicals (EFP) Trade Facility on the Eurex @X-ceed Front-End	May 2009