Contract Specifications
| Contract | Product ID | Underlying |
EURO STOXX 50® Index Futures | FESX | EURO STOXX 50® Index |
Micro-EURO STOXX 50® Index Futures | FSXE | EURO STOXX 50® Index |
EURO STOXX 50® Index Quanto Futures | FESQ | EURO STOXX 50® Index |
EURO STOXX 50® ex Financials Index Futures | FEXF | EURO STOXX 50® ex Financials Index |
STOXX® Europe 50 Index Futures | FSTX | STOXX® Europe 50 Index |
Settlement
Cash settlement, payable on the first exchange day following the final settlement day.
Contract values and price gradations
| Contract | Contract value per index point | Minimum price change | |
| Points | Value | ||
EURO STOXX 50® Index Futures | EUR 10 | 1 | EUR 10 |
Micro-EURO STOXX 50® Index Futures | EUR 1 | 0.5 | EUR 0.50 |
EURO STOXX 50® Index Quanto Futures | USD 10 | 1 | USD 10 |
EURO STOXX 50® ex Financials Index Futures | EUR 10 | 0.5 | EUR 5 |
STOXX® Europe 50 Index Futures | EUR 10 | 1 | EUR 10 |
Contract months
Standard - up to 9 months: The three nearest quarterly months of the March, June, September and December cycle.
FESX & FESQ - up to 36months: The twelve nearest quarterly months of the March, June, September and December cycle.
Last trading day and final settlement day
Last trading day is the final settlement day.
Final settlement day is the third Friday of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the maturing futures on the last trading day is at 12:00 CET.
Daily settlement price
The daily settlement prices for the current maturity month are derived from the volume-weighted average of the prices of all transactions during the minute before 17:30 CET, provided that more than five trades transacted within this period.
For the remaining maturity months, the daily settlement price for a contract is determined based on the average bid/ask spread of the combination order book.
Final settlement price
The final settlement price is established by Eurex on the final settlement day of the contract and is based on the average of the respective STOXX® Index values calculated between 11:50 and 12:00 CET.
Further details are available in the clearing conditions and the contract specifications.
Block Trades
Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 2,000 contracts.
Market-Making Parameter
All quotation parameters at a glance
- Quotation period
- Maturityrange
- Spread class& Maximum Spread
- Minimum Quote Size
Liquidity Provider schemes
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.
Mistrade Ranges
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.
