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
Vola Trades
Additional contract versions
Exchange for Physicals
Trade at Index Close
Exchange for Swaps
Non-disclosure facility
Market statistics (online)
Trading statistics
Monthly statistics
Eurex Repo statistics
Snapshot summary report
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
Connectivity
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
With Passive Liquidity Protection (PLP), Eurex aims to further improve the liquidity picture and price discovery process of the order book where price discovery is significantly driven by underlying or exogenous markets. In such specific products, trading participants providing passive liquidity to the order book need to spend a high amount of resources to prevent adverse hits in case of short-term underlying movements. As a result, they may even refrain from quoting in the order book and only provide liquidity off-book. By differentiating latency in selected option markets, we ensure that trading participants can strengthen their focus on serving the needs of the end-clients and grow the market as a whole.
On this site, Eurex will provide information updates in order to support adequate planning and to ensure a successful introduction for PLP. For further information about the PLP market model, please refer to this website: www.eurexchange.com > Trading > Market-models > Eurex PLP.
Software implementation: 3 December 2018
Production start: 27 May 2019 for all FX products listed at T7-FX
Production start: 3 June 2019 for German and French equity Options
With the activation of PLP, all aggressive orders, (orders that are executable upon arrival at the matching engine), will be delayed by a product segment-specific deferral time before they can interact with the order book. The pilot rollout will face the following characteristics:
| Go-Live | Product Scope | Deferral Time |
| 3 June 2019 | All German OSTK incl. weeklies | 1 ms |
| 3 June 2019 | All French OSTK incl. weeklies | 3 ms |
Key benefits
Technical Impacts / Participation requirements
PLP affects ETI interface, FIX interface, GUIs, and reports (introduced with T7 Release 7.0). For detailed changes, please refer to the Interface Manuals and to the online help in the GUIs.
Corresponding Newsflashes
Corresponding Circulars
System documentation: T7 Release 7.0
Passive Liquidity Protection will also be introduced for FX Products. For further details please have a look at the corresponding Eurex Circular 042/19. Eurex will not introduce any further technical changes.
If you have any questions or require further information, please contact us at client.services@eurexchange.com.