Trading hours

Trading phases

The trading day at Eurex typically runs from 07:30 to 22:00 CET. It consists of three phases:

  • Pre-Trading
  • Trading
  • Post-Trading.

All products are subject to these periods, although product-specific schedules apply for each period - for instance, due to different conventions in the underlying market.

Closing auction

In designated futures contracts, in order to establish a closing price, the trading period ends with a closing auction. All open orders and quotes are automatically carried over into the closing auction. New orders may be entered, and existing orders and quotes may be individually modified or cancelled. The auction principle applies during the closing auction; the daily closing price is the price at which the greatest possible volume can be matched in the respective contract.

If the potential closing price differs considerably from the reference price, based on previously prevailing market conditions, the closing auction may be aborted.

The closing auction with respect to a product shall end as soon as the netting process has been completed for all futures contracts based on that product.

If no market orders exist for any specific futures contracts and matching between limit orders and quotes is not possible, or if market orders exist that are not executable, the closing auction shall end without determining a closing price.

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.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

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.