Contract Specifications
| FX contract | Product ID |
AUD/USD Futures | FCAU |
AUD/JPY Futures | FCAY |
EUR/USD Futures | FCEU |
EUR/CHF Futures | FCEF |
EUR/GBP Futures | FCEP |
EUR/NOK Futures | FCNK |
EUR/SEK Futures | FCSK |
EUR/DKK Futures | FCDK |
EUR/AUD Futures | FCEA |
EUR/JPY Futures | FCEY |
GBP/USD Futures | FCPU |
GBP/CHF Futures | FCPF |
USD/CHF Futures | FCUF |
USD/NOK Futures | FCUN |
USD/SEK Futures | FCUS |
USD/DKK Futures | FCUD |
USD/JPY Futures | FCUY |
NOK/SEK Futures | FCNS |
NZD/USD Futures | FCNU |
MXN/USD Futures | FCMU |
MXN/EUR Futures | FCME |
ZAR/USD Futures | FCZU |
ZAR/EUR Futures | FCZE |
BRL/USD Futures | FCBU |
Contract sizes
The currency stated first in each currency pair is the base currency of such pair; the currency stated second is the quote currency. A FX Futures is traded in its respective quote currency.
Underlying | Nominal value |
AUD/USD, AUD/JPY Futures | AUD 100,000 |
EUR/USD, EUR/CHF, EUR/GBP, EUR/NOK, EUR/SEK, EUR/DKK, EUR/AUD, EUR/JPY Futures | EUR 100,000 |
GBP/USD, GBP/CHF Futures | GBP 100,000 |
USD/CHF, USD/NOK, USD/SEK, USD/DKK, USD/JPY Futures | USD 100,000 |
NOK/SEK Futures | NOK 1,000,000 |
NZD/USD Futures | NZD 100,000 |
MXN/USD, MXN/EUR Futures | MXN 1,000,000 |
ZAR/USD, ZAR/EUR Futures | ZAR 1,000,000 |
BRL/USD Futures | BRL 100,000 |
Settlement
Standard: Physical delivery of underlying currencies (T+2) via the CLS system.
MXN/USD, MXN/EUR, ZAR/USD, ZAR/EUR, BRL/USD: Cash settlement in the quote currency on the exchange day after the final settlement day.
Price quotation and minimum price change
The price quotation is determined as a decimal number with five decimal places. The minimum price change is 0.00001, equivalent to a value of one unit (NOK/SEK, MXN/USD, MXN/EUR, ZAR/USD, ZAR/EUR 10 units) of the quote currency.
For FX Futures with Japanese Yen as quotation currency the price quotation is determined as a decimal number with three decimal places. The minimum price change is 0.001, equivalent to a value of 100 units of the quote currency.
Contract months
Standard - up to 36 months: The fifteen nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, and the two following semi-annual months of the June and December cycle thereafter.
MXN/USD, MXN/EUR, ZAR/USD, ZAR/EUR - up to 9 months: The three nearest quarterly months of the March, June, September and December cycle.
BRL/USD - up to 12 months: The twelve nearest successive calendar months.
Last trading day and final settlement day
Last trading day and final settlement day is the second exchange day preceding the third Wednesday of each maturity month. Close of trading in the maturing FX Futures on the last trading day is at 15:00 CET.
For BRL/USD Futures the last trading day is on the last exchange day of the calendar month preceding the expiration month on which day the Central Bank of Brazil is scheduled to publish its final end-of-month PTAX reference exchange rate for Brazilian reals per U.S. Dollar. Final settlement day is on the second exchange day after the last trading day or if this day is not an exchange day, the exchange day following that day.
Daily settlement price
Daily settlement price is the volume weighted average price (VWAP) of the futures transactions calculated over a 60 second interval ending at 15:00 CET. If less than five transactions occur, the VWAP of the last five transactions conducted in the last 15 minutes before 15:00 CET or the mid-point of bid/ask prices in the order book before 15:00 CET is used.
Further details are available in the clearing conditions.
Final settlement price
Final settlement price is the VWAP of all transactions executed during the final trading minute ending at 15:00 CET. If no adequate prices are available, Eurex Exchange will use the average mid-price of the last displayed bid ask spot prices over a 60 second interval ending at 15:00 CET that are published by the data provider designated by Eurex Clearing.
For MXN/USD, MXN/EUR, ZAR/USD, ZAR/EUR Futures the final settlement price is determined by the WM/Refinitiv Spot Fixing Rate at 17:00 CET (4pm LDN).
For BRL/USD Futures the final settlement price is determined by the PTAX rate at the final settlement day.
Block Trades
Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 1 contract.
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 Trader or several Exchange Traders of an Admitted Company (a “Cross Trade”) nor pursuant to a prior understanding between Exchange Traders of two different admitted companies (a “Pre-Arranged Trade”), unless the conditions according to Paragraph 2 have been fulfilled. The same shall apply for the entry of Orders as part of a Quote.
(2) A Cross Trade or a Pre-Arranged Trade is admissible if a participant in a Cross Trade or a Pre-Arranged Trade Eurex Trading System, announces his intention to execute a corresponding number of Contracts as Cross Trades or Pre-Arranged Trades in the Order Book (“Trade Request”). The buying participant has to ensure that he himself or the selling participant enters the Trade Request. The Order or Quote giving rise to the Cross Trade or Pre-Arranged Trade must be entered one second at the earliest and 121 seconds at the latest after the entry of the Trade Request. Entering a Trade Request without entering the respective Order or Quote is not admissible.
(3) Paragraphs 1 and 2 shall not apply to Transactions consummated during the netting process in an auction (Number 1.4 Paragraphs 2 and Paragraph 3).
(4) The automated entry functionality for Cross Trades or Pre-Arranged Trades of the Eurex Trading System may be used for entering Cross Trades or Pre-Arranged Trades. In this case, announcement and entry of the corresponding Orders pursuant to Paragraph 2 will be automated.
| Pre-Trading | Trading | Post-Trading | |||
|---|---|---|---|---|---|
| Full | Late1 | Late2 | Restricted | ||
| 00:55 | 01:00 | 23:00 | 23:05 |
| Pre-Trading | Trading | Post-Trading | |||
|---|---|---|---|---|---|
| Full | Late1 | Late2 | Restricted | ||
| 00:55 | 01:00 | 15:00 |
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
No cash payment in CHF
No cash payment in JPY
No cash payment in NZD
No cash payment in JPY
No cash payment in JPY
Last trading day for FX Derivatives
No cash payment in USD
No cash payment in AUD
No cash payment in NZD
No cash payment in JPY
Last trading day for FX Derivatives
No cash payment in USD
No cash payment in JPY
Last trading day for FX Derivatives
No cash payment in JPY
No cash payment in NOK
No cash payment in DKK
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
Last trading day for FX Derivatives
No cash payment in AUD
No cash payment in NZD
No cash payment in JPY
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
No cash payment in JPY
No cash payment in JPY
No cash payment in GBP
No cash payment in NOK
No cash payment in SEK
No cash payment in DKK
No cash payment in CHF
No cash payment in DKK
Last trading day for FX Derivatives
No cash payment in NOK
No cash payment in DKK
No cash payment in NOK
No cash payment in CHF
No cash payment in GBP
No cash payment in USD
No cash payment in NZD
No cash payment in DKK
No cash payment in SEK
Last trading day for FX Derivatives
No cash payment in USD
No cash payment in SEK
No cash payment in NZD
No cash payment in USD
Last trading day for FX Derivatives
No cash payment in JPY
No cash payment in CHF
No cash payment in JPY
No cash payment in KRW
Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives and Daily USD/KRW Futures
Last trading day for FX Derivatives
No cash payment in GBP
No cash payment in USD
Last trading day for FX Derivatives
Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives and Daily USD/KRW Futures
No cash payment in KRW
No cash payment in JPY
Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives and Daily USD/KRW Futures
No cash payment in KRW
No cash payment in KRW
No cash payment in JPY
No cash payment in KRW
Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives and Daily USD/KRW Futures
Last trading day for FX Derivatives
No cash payment in JPY
No cash payment in USD
No cash payment in NZD
No cash payment in JPY
No cash payment in USD
Last trading day for FX Derivatives
No cash payment in USD
Last trading day for FX Derivatives
Eurex is closed for trading in all derivatives
No cash payment in SEK
No cash payment in DKK
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
No cash payment in JPY
Eurex is closed for trading in all derivatives
No cash payment in DKK
No cash payment in SEK
| Fee Type | Fee |
|---|---|
| Exchange transactions: Standard fees (A-, M- and P-accounts) | USD 0.30 per contract |
| TES transactions / Eurex EnLight: Standard fees (A-, M- and P-accounts) | USD 0.45 per contract |
| Position Closing Adjustments (A-, M- and P-accounts) | USD 0.60 per contract |
| Determination of the currency to be delivered (notification) | USD 0.30 per contract |
| Allocation of the currency to be delivered | USD 0.30 per contract |
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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