A member of
Eurex
1. Introduction
The Management Board of Eurex Deutschland took the following decisions with effect from 9 March 2026:
Production start: 9 March 2026, valid for the September 2026 expiration and subsequent expirations
Please refer to the Attachment for the detailed amendments to the Contract Specifications.
This circular contains all information on the trading-related updates as stated above and the updated sections of the relevant Rules and Regulations of Eurex Deutschland.
2. Required action
No immediate action is required. Participants are recommended to check the correctness of conversion factors used in their system applications.
3. Details
Based on market consultations, the Management Board of Eurex Deutschland has decided to adjust the notional coupon of the CONF Futures to 1 percent for the September 2026 Futures Contract and beyond in order to adjust the futures product to the interest rate level of the Swiss market.
With this adjustment, the conversion factors for the September 2026 contract and all subsequent expirations will change. For the June 2026 contract, the notional coupon remains unchanged at 6 percent, accordingly, the conversion factors already published for this expiration remain valid.
On the day after the last trading day of the March 2026 contract, the new conversion factors for the September 2026 contract will be published via the Eurex C7 system, the Eurex Newsboard and on our website www.eurex.com under the following link: Notified Bonds | Deliverable Bonds and Conversion Factors.
In addition, the number of actively available contract months will be reduced from the current three to two quarterly expirations. As a result, the following expirations for CONF futures will be available at Eurex Deutschland from the June 2026 contract: Until the delivery day of the next delivery month and the subsequent delivery month. Delivery months are the quarterly months of March, June, September, December.
Attachment:
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: | jutta.frey-hartenberger@eurex.com, vassily.pascalis@eurex.com | |
Web: | www.eurex.com | |
Authorized by: | Matthias Graulich |
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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