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Explore the depths of short-term options trading opportunities
Eurex offers daily expiring options on the EURO STOXX 50® Index (OEXP) and DAX® (ODAP) to react quickly to sudden market movements and events. These daily expiring options are also known as zero day to expiry options (0DTE).
Trade with more accuracy and cost efficiency using options that expire daily. Daily Options are available every day of the trading week during the entire trading day at expiration, capturing the full European trading day and overlapping with the US market.
Professionally trade Daily Options, manage short-term risks in the market precisely and customize your trades to your specific needs with options with daily expirations.
Significant reduction in transaction fees on A-Accounts for the EURO STOXX 50 End-of-Day Index Options extended until June 2026!
Traded Contracts und Open Interest
Extensive and dynamic instrument scope
End users benefit from liquidity across a broad universe of instruments, including the newly listed second week of expiries
Mandatory coverage includes the first six daily expiries and all three listed end-of-month contracts
Additional incentives for liquidity providers quoting daily expiries seven to ten
The new LP program delivers a robust quoted surface across more than seven hundred instruments
Improved efficiency and price discovery
Shift away from fixed requirement thresholds to reward real liquidity provisioning performance
Encourages competitive advantages among liquidity providers specializing in different areas of the curve
Incentives skewed toward spread quality support an ecosystem aimed at reducing trading costs for end clients
A spread improvement of twenty-five percent over the current best bid-offer qualifies for maximum exchange incentives
Easier access to liquidity
Liquidity Provider competing for passive execution enable customers to execute electronically with higher certainty in the order book
Eurex invests twenty-five percent of net revenues in the product toward passive volume incentives, ensuring a competitive package attractive to new liquidity providers
Combined with incentives on spread quality, this creates a virtuous circle that motivates price setting and price improvement
Daily Options on EURO STOXX 50® Index | |
Eurex product code | OEXP |
Underlying Index | EURO STOXX 50® Index |
Contract size | EUR 10 |
Tick size | Premium-dependent tick size for simple instruments for order book (outright) only. Bid up to: 0.10 – 10.00: 0.10 index points 10.25 – 25.00: 0.25 index points 25.5+: 0.50 index points TES Block Trade and complex instruments (e.g. strategies): 0.1 |
Trading hours | Monday – Friday : 09.00 – 17.30 CET (TES: 09.00 – 19.00 CET) |
Last trading day | Last trading day of the relevant contract Close of trading on the last trading day: 17:30 CET |
Final settlement price | EURO STOXX 50® index level based on the closing auction price of the respective index constituents |
Settlement | Cash settlement |
Vendor codes | Refinitiv: Bloomberg: |
Eurex product code | ODAP |
Underlying Index | DAX® Index |
Contract size | EUR 5 |
Tick size | Premium-dependent tick size for simple instruments for order book (outright) only. Bid up to: 0 – 25: 0.10 index points 25.5 – 250: 0.25 index points 251+: 0.50 index points TES Block Trade and complex instruments (e.g. strategies) |
Trading hours | Monday – Friday : 09.00 – 17.30 CET (TES: 09.00 – 19.00 CET) |
Last trading day | Last trading day of the relevant contract Close of trading on the last trading day: 17:30 CET |
Final settlement price | Index level of the DAX index based on the closing price of the underlying stocks |
Liquidity Provider (On Screen)
| Company | Member ID | Contact | Phone / e-mail |
All Options International B.V. | AINAM | Martin Polak | T +31 20 795 7021 martin.polak@alloptions.nl |
| IMC Trading B.V. | INMAM | Cathal Hardiman | T +31 20 798 8572 cathal.hardiman@imc.com |
Maven Europe Ltd. | MAELO | Adam Kaldor | T +44 20 3535 7057 adam.kaldor@mavensecurities.com |
Optiver V.O.F. | OPXAM | Maikel Verdiesen | T +31 20 708 7808 MaikelVerdiesen@Optiver.com |
Contacts
Floris Florquin T +44-20-78 62-76 62 | Sophie Granchi T +33-0680347501 | Dorte Carlsen T +44-20-78 62-72 17 |
Rachna Mathur T +1-212-309-93 08 | Matthew Koren T +1-212-309-93 14 | Kris Hopkins T +65-65 97-30 61 |