Eurex Exchange offers FX Futures, Options on FX Futures and Rolling Spot Futures. Our product offering combines best-practice OTC market conventions with the transparency and minimized risk of exchange-traded, centrally cleared derivatives.
Trade twelve currency pairs for an all-in (trading and clearing) member fee of 0.30 USD for on-book and 0.45 USD for off-book transactions (also payable in GBP, CHF and JPY). All Eurex FX contracts are 100,000 units of the base currency with a minimum price change at 1/10th of a pip (except for JPY pairs). Trade 23 hours, five days a week in Eurex T7® FX and optionally use your 360T OTC FX platform to execute listed FX Futures.
The core market model at Eurex is the central limit order book (CLOB), where buy and sell orders are matched on a time allocation basis. In the CLOB model, customers can trade directly with dealers, dealers can trade with other dealers, and importantly, customers can trade directly with other customers, anonymously. Our on-book liquidity providers are available 23 hours, five days a week.
Additionally, Eurex offers block and exchange-for-physical (EFP) functionalities, where transactions are agreed bilaterally and submitted to the exchange. Also, our off-book liquidity providers are available 23 hours, five days a week.
According to the phases 5 and 6 of the uncleared margin rules (UMR) set by the Bank for International Settlements (BIS) and the Inter-national Organisation of Securities Commissions (IOSCO), covered entities belonging to a group whose Aggregate month-end Average Notional Amount (AANA) of non-centrally cleared derivatives for March, April, and May of the year exceeds EUR 50 and 8 billion respectively, will be required to post initial margin bilaterally with each of their counterparts.
It is important to note that:
Head of ETD FX Sales & Business Development
ETD FX Sales Americas
|Chris Soutar |
ETD FX Sales UK, Ireland, Netherlands & Nordics