Order Restrictions by Trading Period

With the beginning of the Pre-Trading Period, Eurex participants are able to enter orders. There are restrictions, however, on the types of orders that may be entered outside the main Trading Period. The chart below illustrates which types of orders can and cannot be entered during the various periods of the trading day:

Order Type	Pre-Trading	Pre-Opening	Trading	Post-Trading
Market Order	Yes	Yes	Yes	Yes
Stop Order (Futures contracts)	Yes	Yes	Yes	Yes
Restricted Limit Order (IOC)	No	No	Yes	No
Unrestricted Limit Order (GFD, GTC, GTD)	Yes	Yes	Yes	Yes
Futures Combination	Yes	No	Yes	Yes
Strategies	No	No	Yes	No

IOC	Immediate or Cancel
GFD	Good-for-Day
GTC	Good-till-Cancelled
GTD	Good-till-Date

Additional restrictions apply for the different phases of the Post-Trading Period:

	Post-Trading Full	Post-Late 1	Post-Late 2*	Post-Trading Restricted
OTC Trade Entry	Yes	No	No	No
Give-Up/Take-Up*	Yes	Yes	No	No
Trade Adjustment/Exercise	Yes	Yes	Yes	No

*for Interest Rate Options on the Last Trading Day only