Trading > Market Model > Market-Making > Designated Market-Making  

Designated Market-Making in Futures

Eurex encourages Designated Market-Making for selected futures contracts in order to add liquidity. As a Designated Market Maker, the Eurex member undertakes to provide continuously bid and ask prices in the defined quoting phase for the respective futures contracts, subject to maximum spreads for a specified minimum quote size over a defined period.

Eurex currently offers Designated Market-Making with a limited period of time in the following futures contracts:

  • Euro-OAT Futures (until December 31, 2012)
  • EURO STOXX®, EURO STOXX® Large/Mid/Small Index Futures (until December 31, 2012)
  • EURO STOXX 50®, STOXX® Europe 50 and EURO STOXX® Select Dividend 30 Index Futures (until December 31, 2012)
  • STOXX® Europe 600, STOXX® Europe Large/Mid/Small 200 Index Futures (until December 31, 2012)
  • EURO STOXX® and STOXX® 600 Europe Sector Index Futures (until December 31, 2012)
  • VSTOXX® Mini Futures (until December 31, 2012)
  • IPD UK Annual All Property Index Futures (until December 31, 2012)
  • Single Stock Futures on components of the blue chip indexes EURO STOXX 50®, DAX®, SMI® and CAC 40® (until December 31, 2012)
  • Single Stock Dividend Futures (until December 31, 2012)
  • Equity Index Dividend Futures (until December 31, 2012)
  • Sector Index Dividend Futures (until December 31, 2013)
  • Dow Jones-UBS Commodity (Sub-) IndexSM Futures (until December 31, 2012)
  • Three-Month EURIBOR Futures (until December 31, 2013)
  • RDX® USD Index Futures (until December 31, 2014)

Further information regarding the respective Designated Market-Making programs:

DMM Program Circular File
VSTOXX® Mini Futures 102/2011: Extension of Market-Making Schemes in VSTOXX® Products
IPD UK Annual All Property Index Futures 299/2011: Property Index Futures: Extension of Designated Market Participant Programme for IPD® UK Annual Property Index Futures
Dow Jones-UBS Commodity (Sub-) IndexSM Futures 245/2010: Dow Jones-UBS Commodity (Sub-) IndexSM Futures: Adjustments
Selected Single Stock Futures 237/2011: Single Stock Futures: Incentive Scheme for Designated Market-Making Extended
EURO STOXX 50®, STOXX® Europe 50 and EURO STOXX® Select Dividend 30 Index Futures: 286/2011: EURO STOXX 50®-, STOXX® Europe 50- und EURO STOXX® Select Dividend 30-Futures: Verlängerung des Designated Market-Making (DMM)-Programms
EURO STOXX® and STOXX® Europe 600 Broadbased, Size and Sector Index Futures 287/2011: Futures on EURO STOXX® and STOXX® Europe 600 Broadbased, Size and Sector Indexes: Extension of Designated Market-Making Programmes
RDX® USD Index Futures 028/2012: RDX® USD Index:
Introduction of Futures and Options (FRDX, ORDX)
Dow Jones-UBS Commodity (Sub-) IndexSM Futures 023/2009: Commodity Index Derivatives:
Introduction of Futures on Dow Jones-UBS Indexes
Single Stock Dividend Futures 181/2010: Single Stock Dividend Futures: Introduction of 51 Single Stock Dividend Futures with a Multiplier of 1000
(inkl Designated Market-Making Scheme)

227/2010: Single Stock Dividend Futures: Introduction of a Designated Market-Making Scheme for Swiss Single Stock Dividend Futures

043/2011: Single Stock Dividend Futures: Introduction of a Designated Market-Making Scheme for British Single Stock Dividend Futures








Equity Index Dividend Futures 123/2008: New Index Dividend Futures: Designated Market Participant Scheme

031/2012: Index Dividend Futures: Introduction of Dividend Futures on EURO STOXX® and STOXX® Europe 600 Sector Indexes



Euro-OAT Futures 052/2012: Euro-OAT-Futures: Introduction of Futures Contracts on long-term French Government Bonds
Three-Month EURIBOR Futures 029/2011: EURIBOR Futures:
Extension of Designated Market-Making Scheme

The following Designated Market Makers are available for products within the different asset classes:

Single Stock Futures

Company Member ID Contact Phone Number
Banca IMI (for Italian and Dutch Single Stock Futures) CAHMISalvatore Capasso
Enrico Lazzaroni
+39 02 7261 5318
+39 02 7261 5858
Société Générale (for the quotation packages "ESX50/DE/FR") SOGFRWallid Fera
Massimiliano Pignatelli
Edoardo Fabris
+33 1 42 13 54 95
+33 1 42 13 55 03
+34 91 589 50 66
Oddo Options (for the quotation package "ESX50") OOPPAJulien Leroy+33 1 44 51 84 03
Optiver (for the quotation package "ESX50") OPXAMThierry Rijper+31 20 708 7000
All Options (for German Single Stock Futures) AINAMDimitri Wesdorp+31 20 795 7443

EURO STOXX 50®, STOXX® Europe 50 EURO STOXX® Select Dividend 30 Index Futures

Company Member ID Contact Phone Number
Getco Europe Ltd.
(for EURO STOXX 50® Index Futures)
GTOCXStephen Warr+44 20 7489 2200
The Kyte Group
(for EURO STOXX 50® Index Futures)
KYTLOThomas Texier+44 20 7390 7775
Optiver
(for all three products)
OPXAMSimon Soet+31 20 708 7713
Blink Trading L.L.C.
(for EURO STOXX 50® Index Futures; US time zone)
BTGCHSilvio Visconti+1 312 931 2200
Marex Financial Ltd.
(for EURO STOXX 50® Index Futures)
MFLLOOliver Jones+44 20 7655 6044
IMC Trading B.V.
(for EURO STOXX 50® Index Futures)
INMAMMichiel Jensma+41 41 560 3252
GDT Global Derivative Trading GmbH
(for EURO STOXX 50® Index Futures)
GDTFRThorsten Wagner+49 69 9055 7700
RSJ a.s.
(for EURO STOXX 50® Index Futures)
RSJPRLibor Winkler+42 02 57 531 234
Getco Asia PTE Ltd.
(for EURO STOXX 50® Index Futures; Asian time zone)
GTOSIRobert Smith+65 67 22 88 08
Gelber Group LLC
(for EURO STOXX 50® Index Futures)
GEGCHBrian Pagano+1 312 408 4622
Geneva Ireland Financial Trading Ltd
(for all three products)
GIFDBJustin Mealey+353 1 618 1000
Allston Trading LLC
(for EURO STOXX 50® Index Futures)
ATRCHKevin Devlin+1 312 663 7220
BNP Paribas Arbitrage
(for EURO STOXX 50® and STOXX Europe 50® Index Futures)
BNAPAOlivier Osty+33 1 40 14 3521

EURO STOXX® and EURO STOXX® Large/Mid/Small- as well as STOXX® Europe 600 and STOXX® Europe Large/Mid/Small 200 Index Futures

Company Member ID Contact Phone Number
BNP ParibasBNPPAJimmy Konietzko+33 1 48 01 40 30
DekaBankDGZFRMark Schönbrodt+49 69 71 47 70 72
DRW Investments (UK) Ltd.
(for STOXX® Index Futures)
LOTLOChad Miller /
Paul Kremsky
+44 20 7031 1369
OptiverOPXAMMaarten Botman+31 20 708 7820
Positive Equity Ltd.POSDBJason Berry+ 353 1 479 4115
Société GénéraleSOGFRPierre Kervella+33 1 42 13 58 40

EURO STOXX® and STOXX® Europe 600 Sector Index Futures

Company Member ID Contact Phone Number
BNP ParibasBNPPAJimmy Konietzko+33 1 48 01 40 30
CommerzbankCBKFRLars Hermann+49 69 136 42 404
DekaBankDGZFRMark Schönbrodt+49 69 71 47 70 72
DRW Investments (UK) Ltd.LOTLOChad Miller /
Paul Kremsky
+44 20 7031 1369
Optiver
OPXAMMaarten Botman+31 20 708 7820
Positive Equity Ltd.POSDBJason Berry+353 1479 4115
Société GénéraleSOGFRPierre Kervella
Hassan Belkbir
+33 1 42 13 58 40
+33 1 42 13 32 05
Timber Hill (Europe)THECXAlain Perregaux+41 41 726 5081

RDX® USD Index Futures

Company Member ID Contact Phone Number
Raiffeisen Centrobank AGCENWIJohannes Hämmerle+43 1 51520 439

Single Stock Dividend Futures

Company Member ID Contact Phone Number
Banca IMICAHMIBarbara Valbuzzi, CFA+39 02 7261 5317
Barclays CapitalBACLOChristopher Brocklehurst
Riju Raj Srivastava
+44 20 7773 7009
+44 20 7773 9767
Nomura InternationalNOICXJon Atkins+44 20 7103 0207
OptiverOPXAMRichard Van Zanten+31 20 708 7814
Société GénéraleSOGFRMassimiliano Pignatelli
Erwan Tigreat
Jad Comair
+33 1 42 13 55 03
+33 1 42 13 45 70
+33 1 42 13 68 10

Equity Index Dividend Futures

Company Member ID Contact Phone Number
BNP Paribas Arbitrage
(EURO STOXX 50® Index Dividend Futures)
BNAPAEmmanuel Dray+44 20 7595 8996
BNP Paribas (Suisse)
(SMI® Dividend Futures)
BNPBSJulien Cohen+41 22 787 7206
Société Générale
(EURO STOXX 50® Index Dividend Futures)
SOGFRMassimiliano Pignatelli
Erwan Tigreat
Jad Comair
+33 1 42 13 55 03
+33 1 42 13 45 70
+33 1 42 13 68 10

Sector Index Dividend Futures

Company Member ID Contact Phone Number
BNP ParibasBNAPAAurélien Cristini+44 20 7595 8998
Société GénéraleSOGFRMassimiliano Pignatelli
Raphael Atlan
+33 1 42 13 55 03
+33 1 42 13 72 44

VSTOXX® Mini Futures

Company Member ID Contact Phone Number
Barclays Capital
(Screen und Block Trades)
BACLOJoshua Spitz
Gabriel Manceau
+44-20-77 73-92 64
+44-20-77 73-31 46
Dominicé & Co Asset Management (Screen Trades)-Alain dos Santos+41-22-319-21 74

Dow Jones-UBS Commodity (Sub-) IndexSM Futures

Company Member ID Contact Phone Number
UnicreditBVMMUDaniel Becker+49 89 378 15 094
Flow TradersNEDAMMaurice Oomens+31 207 996 767

Three-Month EURIBOR Futures

Company Member ID Contact Phone Number
Schneider TradingSCHLOJulian Barker-Ward +44 20 7664 4339 or -4912
Xconnect Market Making LLPXCPLOPaul Sutton+44 20 7031 8926

Euro-Bund, Bobl, Schatz und Buxl® Futures

Company Member ID Contact Phone Number
Goldman Sachs (only OTC trades) GSIEBFixed Income+44 20 7774 5586

Short-Term Euro-BTP Futures

Company Member ID Contact Phone Number
Banca IMI (OTC and on-exchange trades) CAHMIGustavo Baratta+39 02 7261 5458
Goldman Sachs (only OTC trades) GSIEBFixed Income+44 20 7774 5586
Jefferies International Ltd. (only OTC trades) JILLODomenico Crapanzano+44 20 7898 7307
JP Morgan (only OTC trades) JPMFRAlberto Campari+44 20 7777 3004

Mid-Term Euro-BTP Futures

Company Member ID Contact Phone Number
Jefferies International Ltd. (OTC and on-exchange trades) JILLODomenico Crapanzano+44 20 7898 7307
JP Morgan (only OTC trades) JPMFRAlberto Campari+44 20 7777 3004

Long-Term Euro-BTP Futures

Company Member ID Contact Phone Number
Banca IMI (OTC and on-exchange trades) CAHMIGustavo Baratta+39 02 7261 5458
Goldman Sachs (only OTC trades) GSIEBFixed Income+44 20 7774 5586
Jefferies International Ltd. (only OTC trades) JILLODomenico Crapanzano+44 20 7898 7307
JP Morgan (only OTC trades) JPMFRAlberto Campari+44 20 7777 3004

Euro-OAT Futures

Company Member ID Contact Phone Number
Barclays Capital BACLODavid Dymov+44 20 7773 5200
Morgan Stanley MGILOPanos Yiasoumi+44 20 7677 3724









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