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.

Post-trading

At the end of the trading period, a product enters the post-trading period. The post-trading period is divided into different phases.

Post-trading full

Orders may be entered for the next trading day, and existing orders (meaning they have validity into the next trading day) can be changed or deleted. All data inquiry functions are also available. Position management transactions, such as option exercises, are possible until the start of the post-trading restricted phase.

Post-late 1

OTC trade entries are not possible.

Post-late 2

The post-late 2 phase applies for American-style equity options on every exchange day, for equity and equity index options with European-style as well as for interest rate options on the last trading day only. Members are able to reverse give-up transactions which is effective immediately, whereas take-up transactions cannot be accepted with start of the respective post-late 2 phase, so that in this phase, intra-day position changes within one member will no longer be possible. So members can base their exercise decision on a final long position.

Post-trading restricted

Only data inquiries are possible. Exercises are no longer accepted.

Once the batch process begins, data inquiries are no longer available. The Eurex® system is being prepared for the next trading day.

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.