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12 Apr 2021

Eurex

Equity index derivatives: Tradability of Micro Futures for Participants in the U.S.

Eurex Circular 037/21 Equity index derivatives: Tradability of Micro Futures for Participants in the U.S.

1.  Introduction

With effect from 19 April 2021, the following additional products will be activated for tradability in the U.S.:

  • Micro-DAX® Futures (FDXS)
  • Micro-EURO STOXX 50® Futures (FSXE)

2.  Action required

There is no action required for participation in trading in these products.

3.  Details

Eurex Deutschland has submitted an application for certification to the “Division of Market Oversight” of the “Commodities Futures Trading Commission” (CFTC) to offer trading of Micro-DAX® and Micro-EURO STOXX 50® index futures in the U.S. The CFTC has certified these contracts so that they can be made available for trading in the U.S. at launch of the products as of 19 April 2021.

The corresponding new "capacity group" for the products is: "CASH/PHYSICAL EUR – CFTC".

According to Eurex Deutschland's registration as "Foreign Board of Trade", the Micro-DAX® and Micro-EURO STOXX 50® index futures can be offered or sold to persons in the U.S. via Eurex terminals with direct access in the U.S.

Additional information

Please find below a table with the vendor codes from Bloomberg and Refinitiv for all Micro Futures contracts:

Micro-Futures on

Bloomberg

Refinitiv

DAX® (FDXS)

MZSA Index

FDXS

EURO STOXX 50® (FSXE)

MZTA Index

FSXE

SMI® (FSMS)

MZYA Index

FSMS


Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Contact:

client.services@eurex.com or Eugen Mohr, Equity and Index Sales America, eugen.mohr@eurex.com, tel. +1 312 5 44-10 84

Web:

www.eurex.com

Authorised by:

Randolf Roth


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