Trading Fees & Pricing

Fee levels for Eurex derivatives include trading and clearing and vary by product or product group. Fee levels at Eurex are very competitive in comparison to those of other derivatives exchanges. The table below features the fees Eurex charges members for customer business. Brokers may charge additional fees for their services.

Contract	Agency fee per Contract Order Book	Agency fee per Contract OTC Block Trade	Available OTC Trading Facilities & Services	Maximum Block Trade Fee (Agency)
Equity Derivatives/Single Stock Futures
Futures on European Equities (EUR)	EUR 0.20	EUR 0.20	Block Trade, Flexible Futures	EUR 200
Futures on Swiss Equities	CHF 0.30	CHF 0.30	Block Trade, Flexible Futures	CHF 300
Futures on Brazilian Equities	USD 0.30	USD 0.30	Block Trade, Flexible Futures	USD 300
Futures on Russian Equities	USD 0.30	USD 0.30	Block Trade, Flexible Futures	USD 300
Futures on U.S. Equities	USD 0.30	USD 0.30	Block Trade, Flexible Futures	USD 300
Futures on British Equities	GBP 0.15	GBP 0.15	Block Trade, Flexible Futures	GBP 150
Equity Derivatives/Equity Options and LEPOs
European Equity Options (EUR)	EUR 0.20	EUR 0.20	Block Trade, Flexible Options, Block Auction Requests, MTR	EUR 200
British Equity Options	GBP 0.30	GBP 0.30	Block Trade, Flexible Options, Block Auction Requests, MTR	GBP 300
Swiss Equity Options	CHF 0.30	CHF 0.30	Block Trade, Flexible Options, Block Auction Requests, MTR	CHF 300
Russian Equity Options	USD 0.30	USD 0.30	Block Trade, Flexible Options, Block Auction Requests, MTR	USD 300
Equity Index Derivatives/Futures
DJ Global Titans 50 IndexSM Futures (EUR)	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
DJ Global Titans 50 IndexSM Futures (USD)	USD 0.50	USD 0.75	Block Trade, EFPI Trade, EFS Trade, Flexible Futures
EURO STOXX 50® Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
EURO STOXX® Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
EURO STOXX® Large Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
EURO STOXX® Mid Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
EURO STOXX® Small Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
EURO STOXX® Select Dividend 30 Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
STOXX® Europe 50 Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
STOXX® Europe 600 Index Futures (F600/FXXP)	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
STOXX® Europe Large 200 Index Futures (F2LA/FLCP)	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
STOXX® Europe Mid 200 Index Futures (F2MI/FMCP)	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
STOXX® Europe Small 200 Index Futures (F2SM/FSCP)	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
STOXX® Europe 600 Sector Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
EURO STOXX® Sector Index Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
DJ Sector Titans IndexSM Futures	USD 0.50	USD 0.75	Block Trade, EFPI Trade, EFS Trade, Flexible Futures
DAX® Futures	EUR 0.50	EUR 0.75	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
DivDAX® Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
MDAX® Futures	EUR 0.30	EUR 0.45	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
TecDAX® Futures	EUR 0.20	EUR 0.30	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
SMI® Futures	CHF 0.40	CHF 0.60	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
SMIM® Futures	CHF 0.20	CHF 0.30	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
SLI® Futures	CHF 0.20	CHF 0.30	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
OMXH25 Futures	EUR 0.90	EUR 1.35	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
MSCI Japan Index Futures	USD 1.00	USD 1.50	Block Trade, EFPI Trade, EFS Trade, Flexible Futures
MSCI Russia Index Futures	USD 0.40	USD 0.40	Block Trade, EFPI Trade, EFS Trade, Vola Trade, Flexible Futures
Eurex KOSPI Product*	0.04%	0.04%	Block Trade
Equity Index Derivatives/Options
DJ Global Titans 50 IndexSM Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
EURO STOXX 50® Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
EURO STOXX® Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
EURO STOXX® Large Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
EURO STOXX® Mid Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
EURO STOXX® Small Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
EURO STOXX® Select Dividend 30 Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
STOXX® Europe 50 Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
STOXX® Europe 600 Index Options (O600/OXXP)	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
STOXX® Europe Large 200 Index Options (O2LA/OLCP)	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
STOXX® Europe Mid 200 Index Options (O2MI/OMCP)	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
STOXX® Europe Small 200 Index Options (O2SM/OSCP)	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
EURO STOXX® Sector Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
STOXX® Europe 600 Sector Index Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
DAX® Options	EUR 0.75	EUR 0.75	Block Trade, Flexible Options, Vola Trade	EUR 1,500
DivDAX® Options	EUR 0.75	EUR 0.75	Block Trade, Flexible Options, Vola Trade	EUR 1,500
MDAX® Options	EUR 0.30	EUR 0.30	Block Trade, Flexible Options, Vola Trade	EUR 600
TecDAX® Options	EUR 0.20	EUR 0.20	Block Trade, Flexible Options, Vola Trade	EUR 400
SMI® Options	CHF 1.50	CHF 1.50	Block Trade, Flexible Options, Vola Trade	CHF 3,000
SMIM® Options	CHF 0.40	CHF 0.40	Block Trade, Flexible Options, Vola Trade	CHF 800
SLI® Options	CHF 0.40	CHF 0.40	Block Trade, Flexible Options, Vola Trade	CHF 800
OMXH25 Options	EUR 0.90	EUR 0.90	Block Trade, Flexible Options, Vola Trade	EUR 1,800
MSCI Russia Index Options	USD 0.40	USD 0.40	Block Trade, Flexible Options, Vola Trade	USD 800
Dividend Derivatives / Futures
Single Stock Dividend Futures on French and German equities	EUR 0.40	EUR 0.60	Block Trade
Single Stock Dividend Futures on Belgian, Dutch, Finnish, Irish and Spanish equities	EUR 0.20	EUR 0.30	Block Trade
Single Stock Dividend Futures on Italian equities	EUR 0.04	EUR 0.06	Block Trade
EURO STOXX 50® Index Dividend Futures	EUR 1.20	EUR 1.80	Block Trade, Vola Trade
EURO STOXX® Select Dividend 30 Index Dividend Futures	EUR 1.20	EUR 1.80	Block Trade
DAX® Price Index Dividend Futures	EUR 2.00	EUR 3.00	Block Trade
DivDAX® Dividend Futures	EUR 2.00	EUR 3.00	Block Trade
SMI® Dividend Futures	CHF 1.60	CHF 2.40	Block Trade
Dividend Derivatives / Options
Options on EURO STOXX 50® Index Dividend Futures	EUR 1.20	EUR 1.20	Block Trade, Vola Trade
Exchange Traded Funds Derivatives/Futures
Futures on iShares ETFs	EUR 0.30	EUR 0.40	Block Trade, Flexible Futures
CS ETF (CH) on SMI® Futures	CHF 0.50	CHF 0.70	Block Trade, Flexible Futures
Exchange Traded Funds Derivatives/Options
Options on db x-trackers ETFs	EUR 0.30	EUR 0.40	Block Trade
Options on iShares ETFs	EUR 0.30	EUR 0.40	Block Trade, Flexible Options
Options on Source ETFs	EUR 0.30	EUR 0.40	Block Trade
CS ETF (CH) on SMI® Options	CHF 0.50	CHF 0.70	Block Trade, Flexible Options
Volatility Index Derivatives
VSTOXX® Mini Futures	EUR 0.20	EUR 0.30	Block Trade
VSTOXX® Options	EUR 0.30	EUR 0.30	Block Trade
Interest Rate Derivatives/Futures
One-Month EONIA Futures	EUR 0.20	EUR 0.30	Block Trade
Three-Month EURIBOR Futures	EUR 0.20	EUR 0.30	Block Trade, Vola Trade
Euro-Schatz Futures, Euro-Bobl Futures, Euro-Bund Futures	EUR 0.20	EUR 0.30	Block Trade, EFP Trade, EFS Trade, Vola Trade
Euro-Buxl® Futures, Euro-BTP Futures	EUR 0.20	EUR 0.30	Block Trade, EFP Trade, EFS Trade
CONF Futures	CHF 0.30	CHF 0.45	Block Trade, EFP Trade, EFS Trade
Interest Rate Derivatives/Options
Options on Three-Month EURIBOR Futures	EUR 0.20		Block Trade, Vola Trade, Flexible Options
Options on Euro-Schatz Futures, Options on Euro-Bobl Futures, Options on Euro-Bund Futures	EUR 0.20	EUR 0.20	Block Trade, Vola Trade, Flexible Options	EUR 800
Credit Derivatives
iTraxx® Europe 5-year Index Futures	EUR 0.40	EUR 0.60	Block Trade, EFP Trade, EFS Trade
iTraxx® Europe HiVol 5-year Index Futures	EUR 0.40	EUR 0.60	Block Trade, EFP Trade, EFS Trade
iTraxx® Europe Crossover 5-year Index Futures	EUR 0.40	EUR 0.60	Block Trade, EFP Trade, EFS Trade
Single Name Recovery Futures	EUR 0.10	EUR 0.15	Block Trade, EFP Trade, EFS Trade
Inflation Derivatives
Euro-Inflation Futures	EUR 0.50	EUR 0.75	Block Trade, EFP Trade, EFS Trade
Commodity Derivatives / Commodity Index Futures
Dow Jones-UBS Commodity (Sub-) IndexSM Futures	USD 1.00	USD 1.50	Block Trade, Flexible Futures
Commodity Derivatives / Agriculture Futures
European Processing Potato Futures	EUR 3.00		EFPI Trade
London Potato Futures	EUR 4.00		EFPI Trade
Piglet Futures / Hog Futures	EUR 10.00		EFPI Trade
Butter Futures / Skimmed Milk Powder Futures	EUR 1.50		EFPI Trade
Commodity Derivatives / Gold & Silver Derivatives
Gold Futures, Gold Options Silver Futures, Silver Options	USD 0.70	USD 0.70	Block Trade, Flexible Futures, Flexible Options
Commodity Derivatives / CO2 Derivatives**
CER Futures (EarlyDec/MidDec)-, EUA Futures (EarlyDec/MidDec)	EUR 1.80	EUR 2.00	Block Trade
Options on EUA Futures EarlyDec	EUR 2.00	EUR 2.00	Block Trade
Commodity Derivatives / Power Derivatives***
Phelix Base® Futures-, Phelix Peak® Futures Phelix Off-Peak® Futures Options on Phelix® Base Futures	EUR 0.01 ≤1 TWh EUR 0.005 > 1 TWh	EUR 0.0075 ≤ 2 TWh EUR 0.005 > 2 TWh	Block Trade
Weather Derivatives
Hurricane Futures	USD 5.00	USD 5.00	Block Trade
Property Derivatives
IPD UK Annual All Property Index Futures	GBP 8.00	GBP 12.00	Block Trade

Fees for proprietary business of Eurex members are equal to fees for customer business as laid out above. However, Eurex member may benefit from the following volume rebates, depending on their monthly, on-exchange proprietary trading volumes:

Rebate	Range 1		Range 2		Range 3
	10%		20%		30%
Monthly contract volume	From	To	From	To	From
Equity Derivatives
Equity options/LEPOs	100,001	200,000	200,001	600,000	600,001
Equity Index Derivatives
Futures	200,001	400,000	400,001	1,200.000	1,200.001
Options	40,001	80,000	80,001	240,000	240,001
Interest Rate Derivatives
Futures	400,001	800,000	800,001	2,400,000	2,400,001
Options (other than Options on Three-Month EURIBOR Futures)	10,001	20,000	20,001	60,000	60,001
Options on Three-Month EURIBOR Futures	10,001	20,000	20,001	60,000	60,001

The thresholds in the table above refer to aggregated proprietary trading volume per product group executed in the order book. The different rebates will be applied to the corresponding contract volumes within each range. By calculating the minimum number of contracts entered in Options on Three-Month EURIBOR Futures exchange transactions and OTC transactions are taken into account.

Furthermore, Eurex offers extensive Market-Making programs for all option products. These Market-Making programs allow Market Makers to benefit from up to 90% reduction in transaction fees. Market making volumes are however excluded from the volume rebates on proprietary trading volumes.

All clearing fees are charged on the basis of the Clearing Conditions and the Conditions for Utilization of the OTC Trade Entry Facilities. Please see the Eurex Clearing AG Price List for the complete list of Eurex Clearing Fees & Prices.

For a consolidated form of the application principles for volume rebates together with the processes in case of non-compliance, please see Circular No. 141/07.