Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Fixed Income Futures
Fixed Income Options
STIR Futures & Options
Credit Index Futures
Financing of Futures CTDs
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
STOXX
MSCI
FTSE
DAX
Mini-DAX
Micro Product Suite
Daily Options
Index Total Return Futures
ESG Index Derivatives
Country Indexes
KOSPI
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Product Overview
Daily Options
Three-Month Euro STR Futures
Credit Index Futures
EURO STOXX 50® Index Futures
Exchange Participants
Market Maker Futures
Market Maker Options
ISV & service provider
3rd Party Information Provider
Market data vendors
Brokers
Multilateral and Brokerage Functionality
Block Trades
Delta TAM
T7 Entry Service via e-mail
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Product parameter files
T7 Entry Service parameters
EFS Trades
EFP-Fin Trades
EFP-Index Trades
MiFID2 Commodity Derivatives Instruments
Total Return Futures conversion parameters
Product and Price Report
Variance Futures conversion parameters
Suspension Reports
Position Limits
RDF Files
Prices Rolling Spot Future
Notified Bonds | Deliverable Bonds and Conversion Factors
Risk parameters and initial margins
Securities margin groups and classes
Haircut and adjusted exchange rate
Cross-Project-Calendar
Readiness for projects
Readiness for products
T7 Release 13.1
T7 Release 13.0
T7 Release 12.1
T7 Release 12.0
Member Section Releases
Simulation calendar
Archive
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Independent Software Vendors
Implementation News
Simulation Calender
F7 General FAQ
F7 MiFID II FAQ
Direct market access from the U.S.
Eligible options under SEC class No-Action Relief
Eligible foreign security futures products under 2009 SEC Order and Commodity Exchange Act
U.S. Introducing Broker direct Eurex access
Eurex Asia
1. 摘要
歐洲期貨交易所(Eurex)總部德國管理委員會做出以下決定(自2021年4月19日起生效):
• 推出德國藍籌DAX®股指、EURO STOXX 50®(FESX)股指和瑞士SMI ®股指的微型期貨產品
• 推出新產品的流動性供應商計劃
本通函包含有關新產品介紹以及歐交所德國最新相關法規的相關信息。
模擬測試開始時間: 2021年3月25日
正式生產環境運行開始時間:2021年4月19日
2. 所需因應行動
新產品的交易和清算與現有股指衍生品保持一致,因此參與者無需採取任何措施。
3. 細則
有關產品詳細信息,請參閱附件一中的表格。
A. 產品概述
德國藍籌DAX®股指、Euro STOXX 50®股指和瑞士SMI®股指的微型期貨僅在合約大小方面與現有基準指數期貨不同。 DAX®和Euro STOXX 50®指數微型期貨1個指數點的價值為1歐元,SMI®指數微型期貨1個指數點的價值為1瑞士法郎。
B. 合約細則及產品參數
總體上,新產品的合約細則與現有產品一致,在交易時間和交易日曆,最後交易日,結算以及確定每日和最終結算價格方面也是如此。
更多合約細則請參閱附件二
產品上市日起,Eurex會將期貨合約和期權合約的最新完整版合約規格在Eurex官網(www.eurex.com)發布,鏈接如下:
Rules & Regs > Eurex Rules and Regulations > Contract Specifications
C. Eurex T7 交易前端(T7 Entry Services,TES)准入要求
新產品將會在EurexTES交易系統上架供市場交易。有關產品大額交易最低手數門檻,請參閱附件二中的合約規格。
EurexTES的服務項目概覽,以及單個產品的詳細信息,包括可交易產品,交易類型與範圍和最小交易手數的詳細信息請參閱以下鏈接:
Data > Trading files > T7 Entry Service parameters
D. 風險參數
新產品的風險參數將自上市日起即時發佈於Eurex官網,鏈接如下
Data > Clearing files > Risk parameters and initial margins
同時發佈於歐交所清算公司官網www.eurex.com/ec-en/,鏈接如下:
您還可以在這裡找到適用Prisma組合保證金計算的Eurex產品詳細信息的最新列表。
E. 錯單交易範圍
新產品的錯單交易範圍將於交易開始時發佈於Eurex官網,鏈接如下:
Markets > Product Overview > Contract Specs
F. 系統過度使用費以及訂單交易比率
新產品的“系統過度使用費”以及“訂單交易比率”與現有的股指衍生品標準同步。有關更多信息,請訪問Eurex官網,鏈接如下:
Rules & Regs > Excessive System Usage Fee
Rules & Regs > Order to Trade Ratio
G. 交易及維護費用
詳情可在歐交所旗下清算所的當前價格表中查詢,該價目表可在 Eurex 網站上下載,具體鏈接如下:
Rules & Regs > Eurex Rules & Regulations > Price List
H. 主要行情商產品代碼
新產品的各主要行情商產品代碼將於交易開始時於Eurex官網發布,鏈接如下:
Markets > Product Overview > Vendor Codes
I. 流動性準備
請參閱所附產品特定補充內容。
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.
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