Eurex | Eurex Clearing
Eurex is expanding its diversified equity index products offering with the introduction of DAX® End-of-Day Options (ODAP) on 13 November 2023.
Following the successful launch of Daily Options (ODTE) on the EURO STOXX 50® Index, DAX® Daily Options are designed to meet investor demand for options with short-dated expirations. DAX® Daily Options enable investors to respond quickly to sudden market changes or events while providing more accurate and cost-effective trading.
The DAX® Index EoD options will be structured similarly to the EURO STOXX 50® Index EoD Options (OEXP). Since their launch in August 2023, around 750,000 contracts have been traded, with an order book share of around 75 percent.
The new options differ from the existing DAX® Index Options (ODAX) in terms of the final settlement price determination, the supported expiration days, available strike prices and the maximum available maturities. On the expiration day, trading will close at 17:30 CET. The final settlement price for ODAP is based on the closing value of the DAX® Index. You can find all details in our product specifications.
Market Status ⓘ
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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