A member of
Contract Specifications
| Contract | Product ID | Underlying |
EURO STOXX 50®, 1st / 2nd / 4th Friday Weekly Options | OES1, OES2, OES4 | EURO STOXX 50® Index |
EURO STOXX 50® ESG, 1st / 2nd / 4th Friday Weekly Options | OSS1, OSS2, OSS4 | EURO STOXX 50® ESG Index |
EURO STOXX® Banks, 1st / 2nd / 4th / 5th Friday Weekly Options | OEB1, OES2, OES4, OES5 | EURO STOXX® Banks Sector Index |
DAX®, 1st / 2nd / 4th / 5th Friday Weekly Options | ODX1, ODX2, ODX4, ODX5 | DAX®, the blue chip index of Deutsche Börse AG |
SMI®, 1st /2nd / 4th / 5th Friday Weekly Options | OSM1, OSM2, OSM4, OSM5 | SMI®, the blue chip index of SIX Swiss Exchange |
Settlement
Cash settlement, payable on the first exchange day following the last trading day.
Price quotation and minimum price change
The price quotation is in points, with one decimal place. The minimum price change is 0.1 points.
Contract months
1st, 2nd and 4th Friday Weekly Options: one month for all contracts expiring on the 1st, 2nd and 4th Friday of a calendar month. At the start of trading on each Friday, the Weekly Options for the same week of the following month will be listed.
5th Friday Weekly Options: more than one month for contracts expiring on the 5th Friday of a calendar month. For months without a 5th Friday, the option expiration will fall on the next 5th Friday.
Contract values and price gradations
| Contract | Contract value | Minimum price change | |
| Points | Value | ||
EURO STOXX 50® Weekly Options | EUR 10 | 0.1 | EUR 1 |
EURO STOXX 50® ESG Weekly Options | EUR 100 | 0.01 | EUR 1 |
EURO STOXX® Banks Weekly Options | EUR 50 | 0.05 | EUR 2.50 |
DAX® Weekly Options | EUR 5 | 0.1 | EUR 0.50 |
SMI® Weekly Options | CHF 10 | 0.1 | CHF 1 |
Last trading day and final settlement day
Last trading day is the final settlement day.
Final settlement day of the Weekly Options is the by the respective expiry determined Friday and for SMI® Weekly Options the respective Thursday, if this is an exchange day; otherwise the exchange day immediately preceding that Friday/Thursday within the same calendar month.
If the immediately preceding exchange day is not within the same calendar month as the Friday/Thursday of the expiration week, the final settlement day is the the exchange day immediately succeeding the Friday/Thursday of the expiration week.
Close of trading in the expiring option series on the last trading day is at:
| Contract | Close of trading |
| EURO STOXX 50® Weekly Options EURO STOXX 50® ESG Weekly Options EURO STOXX® Banks Weekly Options | 12:00 CET |
DAX® Weekly Options | Beginning of the Xetra® intraday auction starting at 13:00 CET |
SMI® Weekly Options | 09:00 CET |
Daily settlement price
The daily settlement price is established by Eurex. The daily settlement prices for equity index options are determined through the Black/Scholes 76 model. If necessary, dividend expectations, current interest rates or other payments are taken into consideration.
Final settlement price
The final settlement price is established by Eurex on the final settlement day according to the following rules:
| Contract | Final settlement price |
| EURO STOXX 50® Weekly Options EURO STOXX 50® ESG Weekly Options EURO STOXX® Banks Weekly Options | Average of the EURO STOXX 50® Index values calculated between 11:50 and 12:00 CET. |
DAX® Weekly Options | Value of DAX®, based on Xetra® auction prices of the index component shares. The intraday auction starts at 13:00 CET. |
SMI® Weekly Options | Value of SMI®, based on SIX Swiss Exchange opening prices of the respective index component shares. |
Exercise
European style; an option can only be exercised on the final settlement day of the respective option series until the end of the Post-Trading Full Period (20:30 CET).
Exercise prices
The exercise price intervals for Weekly Options are as follows:
| Contract | Exercise price intervals in index points for contract months with a remaining lifetime of | ||||
| ≤ 3 months | 4-12 months | 13-24 months | 25-36 months | > 36 months | |
DAX® Weekly | 50 | - | - | - | - |
EURO STOXX 50® Weekly Options | 25 | - | - | - | - |
EURO STOXX® Banks Weekly Options | 2.5 | - | - | - | - |
EURO STOXX 50® ESG Weekly Options | 5 | - | - | - | - |
Option premium
The equivalent of the premium in points, payable in full in the currency of the respective contract on the exchange day following the day of the trade.
Block Trades
Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 6,000 contracts; the EnLight Minimum Block Trade Size is 6,000 contracts.
The Minimum Block Trade Size for non-disclosed bilateral TES transactions is 50,000 contracts.
Market-Making Parameter
All quotation parameters at a glance
Mistrade Parameter
This file provides an overview of mistrade ranges for Options and Futures including information on their behavior close to expiration and in stressed markets.
Crossing Parameters
(section 2.6 Eurex Trading Conditions)
(1) Orders and quotes relating to the same instrument or combined instrument may, in case they could immediately be executed against each other, neither be entered knowingly by an Exchange Participant (a cross trade) nor pursuant to a prior understanding by two different Exchange Participants (a pre-arranged trade), unless the conditions according to Paragraph 3 have been fulfilled. The same shall apply for the entry of orders as part of a quote.
(2) An Exchange Participant may submit a description of his internal and external links to the EDP system of Eurex Deutschland to the Market Surveillance Office of Eurex Deutschland with a view to a decision on whether the Exchange Participant acted knowingly within the meaning of Paragraph 1. The details of the specifications of the description of the IT linkage pursuant to Sentence 1 shall be determined by the Surveillance Office of Eurex Deutschland in agreement with the Management Board of Eurex Deutschland.
(3) A cross trade or a pre-arranged trade is admissible if a participant in a cross-trade or a pre-arranged trade, prior to entering his order or quote into the EDP system of Eurex Deutschland, announces his intention to execute a corresponding number of contracts as cross-trades or pre-arranged trades in the order book (“cross request”). The order or quote giving rise to the cross trade or pre-arranged trade must be entered one second at the earliest and 61 seconds at the latest with regard to Money Market Futures contracts, Fixed Income Futures contracts, options on Money Market Futures contracts and options on Fixed Income Futures contracts, respectively 31 seconds at the latest with regard to all other futures and option contracts after having entered the cross request. The purchasing Exchange Participant shall bear the responsibility for compliance with the content of the cross request entry. Entering a cross request without subsequently entering the respective order or quote is not admissible.
(4) Paragraphs 1 and 3 shall not apply to transactions consummated during the netting process in an auction (Number 1.4 Paragraphs 2 and Paragraph 3).
(5) Paragraph 1 shall apply mutatis mutandis to other behaviour constituting evasion of this regulation.
| Pre-Trading | Trading | Post-Trading | |||
|---|---|---|---|---|---|
| Full | Late1 | Late2 | Restricted | ||
| 07:30 | 08:50 | 17:30 | 19:00 | 20:30 |
| Pre-Trading | Trading | Post-Trading | |||
|---|---|---|---|---|---|
| Full | Late1 | Late2 | Restricted | ||
| 07:30 | 08:50 | 12:00 | 19:00 | 20:30 | 20:30 |
No cash payment in USD
No cash payment in CHF
Eurex is closed for trading and exercise in British equity index derivatives
No cash payment in GBP
Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives
Eurex is closed for trading and exercise in Finnish equity index derivatives
No cash payment in USD
No cash payment in USD
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
Eurex is closed for trading and exercise in British equity index derivatives
No cash payment in CHF
Eurex is closed for trading and exercise in Finnish equity index derivatives
Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives
No cash payment in CHF
No cash payment in USD
Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives
Eurex is closed for trading and exercise in British equity index derivatives
No cash payment in USD
Eurex is closed for trading and exercise in Finnish equity index derivatives
No cash payment in USD
Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives
No cash payment in CHF
Eurex is closed for trading and exercise in British equity index derivatives
No cash payment in USD
No cash payment in USD
Eurex is closed for trading and exercise in Austrian equity index derivatives
No cash payment in USD
Eurex is closed for trading and exercise in Finnish equity index derivatives
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
| Fee Type | Fee |
|---|---|
| Exchange transactions: Standard fees (A-accounts) | EUR 0.32 per contract |
| Exchange transactions: Standard fees (M- and P-accounts) | EUR 0.28 per contract |
| Exchange transactions: Reduced fees A-accounts (contract volume above threshold) | EUR 0.16 per contract |
| Exchange transactions: Reduced fees P-accounts (contract volume above threshold) | EUR 0.14 per contract |
| TES transactions: Standard fees (A-accounts) | EUR 0.32 per contract |
| TES transactions: Standard fees (M- and P-accounts) | EUR 0.28 per contract |
| TES transactions: Reduced fees A-accounts (contract volume above threshold) | EUR 0.16 per contract |
| TES transactions: Reduced fees P-accounts (contract volume above threshold) | EUR 0.14 per contract |
| Eurex EnLight: Standard fees (A-accounts) | EUR 0.32 per contract |
| Eurex EnLight: Standard fees (M- and P-accounts) | EUR 0.28 per contract |
| Eurex EnLight: Reduced fees A-accounts (contract volume above threshold) | EUR 0.16 per contract |
| Eurex EnLight: Reduced fees P-accounts (contract volume above threshold) | EUR 0.14 per contract |
| Non-disclosed bilateral TES transactions: Standard fees (A-accounts) | EUR 0.32 per contract |
| Non-disclosed bilateral TES transactions: Standard fees (M- and P-accounts) | EUR 0.33 per contract |
| Non-disclosed bilateral TES transactions: Reduced fees A-accounts (contract volume above threshold) | EUR 0.18 per contract |
| Non-disclosed bilateral TES transactions: Reduced fees P-accounts (contract volume above threshold) | EUR 0.19 per contract |
| Eurex EnLight: Standard fees (Non-disclosure, A-accounts) | EUR 0.32 per contract |
| Eurex EnLight: Standard fees (Non-disclosure, M- and P-accounts) | EUR 0.33 per contract |
| Eurex EnLight: Reduced fees A-accounts (Non-disclosure, contract volume above threshold) | EUR 0.18 per contract |
| Eurex EnLight: Reduced fees P-accounts (Non-disclosure, contract volume above threshold) | EUR 0.19 per contract |
| Threshold A-accounts | 3,000.00 contracts |
| Threshold P-accounts | 2,000.00 contracts |
| Exercise of options (A-accounts) | EUR 0.32 per contract |
| Exercise of options (M- and P-accounts) | EUR 0.28 per contract |
| Position transfer with cash transfer | EUR 7.50 per transaction |
Market Status ⓘ
XEUR
The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.
We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.
An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.