EURO STOXX 50® Index Total Return Futures (TESX)

  • Bloomberg L.P.
    VHOA <Index>
  • thomsonreuters
    <0#TESX:>
  • Currency
    EUR
  • Product ISIN
    DE000A2BMJ71

Statistics

Data is for 20.10.2020 Last update:Oct 21, 2020 12:00:00 AM

Traded contracts:
40,200.00
Open interest:
1,994,813.00
Product type:
F
Stock exchange:
n/a
Underlying closing price:
3,227.87
Delivery month Opening price Daily high Daily low Last price Settlem. price Traded contracts Open interest Open interest (adj.)
Dec 20 0.00 0.00 0.00 0.00 3,723.29 5,000 528,611 528,611
Dec 21 0.00 0.00 0.00 0.00 3,732.44 15,100 511,868 511,768
Mar 21 0.00 0.00 0.00 0.00 3,725.01 0 76,225 76,225
Jun 21 0.00 0.00 0.00 0.00 3,729.39 0 17,000 17,000
Sep 21 0.00 0.00 0.00 0.00 3,730.35 0 201 201
Dec 22 0.00 0.00 0.00 0.00 3,746.69 15,000 287,611 284,011
Mar 22 0.00 0.00 0.00 0.00 3,735.62 0 200 200
Jun 22 0.00 0.00 0.00 0.00 3,742.29 0 5,000 5,000
Sep 22 0.00 0.00 0.00 0.00 3,743.77 0 0 0
Dec 23 0.00 0.00 0.00 0.00 3,766.44 0 179,062 179,062
Mar 23 0.00 0.00 0.00 0.00 3,752.86 0 0 0
Jun 23 0.00 0.00 0.00 0.00 3,761.06 0 200 200
Sep 23 0.00 0.00 0.00 0.00 3,764.53 0 25 25
Dec 24 0.00 0.00 0.00 0.00 3,791.7 5,000 130,589 130,589
Mar 24 0.00 0.00 0.00 0.00 3,773.69 0 200 200
Jun 24 0.00 0.00 0.00 0.00 3,782.42 0 0 0
Sep 24 0.00 0.00 0.00 0.00 3,787.66 0 0 0
Dec 25 0.00 0.00 0.00 0.00 3,821.39 0 107,265 107,265
Mar 25 0.00 0.00 0.00 0.00 3,802.98 0 200 200
Jun 25 0.00 0.00 0.00 0.00 3,811.25 0 0 0
Sep 25 0.00 0.00 0.00 0.00 3,815.9 0 0 0
Dec 26 0.00 0.00 0.00 0.00 3,854.3 0 59,806 59,806
Dec 27 0.00 0.00 0.00 0.00 3,901.15 0 42,200 42,200
Dec 28 0.00 0.00 0.00 0.00 3,936.48 100 26,750 26,650
Dec 29 0.00 0.00 0.00 0.00 3,984.11 0 21,800 21,800
Total           40,200 1,994,813 1,991,013

Prices/Quotes

Displayed data is 15 minutes delayed. Last trade:

Oct 21, 2020 6:36:12 PM

Orderbook

Opening price High Low Bid price Bid vol Ask price Ask vol Diff. to prev. day last Last price Date Time Daily settlem. price Traded contracts Open interest (adj.) Open interest date Last trading day
3,676.13 3,676.13 3,676.13 n.a. n.a. n.a. n.a. -1.27% 3,676.13 10/21/2020 18:36:12 3,676.13 0 528,611 10/19/2020 10/21/2020

Specifications

Contract Specifications

Underlying instruments

    
IndexCurrencyIndex typeISIN
EURO STOXX 50® IndexEURPrice indexEU0009658145
iSTOXX® Europe Collateral IndexEURNet Total Return IndexCH0443816332
iSTOXX® Europe EUR Group 1 Collateral Large IndexEURNet Total Return IndexCH0478459768
EURO STOXX 50® Distribution Point IndexEURDVP IndexCH0334725220
€STREURFunding RateEU000A2X2A25


Settlement

Cash settlement, payable on the first exchange day following the final settlement day.


Contract multiplier

TESX: EUR 10 per index point.
TCBX, TC1L: EUR 50 per index point.

Quotation and minimum change of the TRF spread

TRF spread as annualised rate expressed in basis points with one decimal place. The minimum change of the TRF spread is +/- 0.5 basis points (1 basis point = 0.0001).

Trade types

Trade at Index Close (TAIC) with an index level based on the daily EURO STOXX 50® Index close.
Trade at Market (TAM) with a custom-defined index level.

Accrued Distributions and Accrued Funding (index points)

The distribution and funding rate payments will be accumulated from the product launch date and added to the TRF futures price in index points. The daily changes in distributions and funding payments are paid out via Variation Margin.

Contract months

TESX - Up to 119 months: The 21 nearest quarterly months of the March, June, September and December cycle and the five following annual months of the December cycle thereafter.

TCBX - Up to 60 months: The next five successive annual months of the December cycle. 

TC1L - Up to 24 months: The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, and the two following semi-annual months of the June and December cycle thereafter.
 

Last trading day and final settlement day
Last trading day is the exchange day immediately preceding the final settlement day.
Final settlement day is the third Friday of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the maturing futures on the last trading day is at 17:30 CET.

Daily settlement TRF spread (basis points)

The daily settlement TRF spread is used to calculate the daily settlement price and determined as follows:

  • The daily settlement TRF spread is based on the TRF spread traded via the closing auction between 17:25 and 17:30 CET.
  • Should no trades be executed in the closing auction, then the daily settlement TRF spread is determined based on the average bid/ask spread of the respective contract month.
  • Should no price be determined according to the aforementioned procedure, the daily settlement TRF spread is determined based on a theoretic (fair) TRF spread for the respective contract.


Daily settlement price (index points)

The daily settlement price is established on the current trading day and is based on the close of respective underlying index, the daily settlement TRF spread as well as the Accrued Distributions and Accrued Funding which have been accumulated from the product launch until the current date.


Final settlement price (index points)

The final settlement price is established by Eurex on the final settlement day of the contract and is based on the final settlement price of the respective futures contract as well as the Accrued Distributions and Accrued Funding from the product launch until the expiration date.



Further details are available in the clearing conditions and the contract specifications.

Block Trades

Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 100 contracts.

Market-Making Parameter

All quotation parameters at a glance

  • Quotation period
  • Maturity range
  • Spread class & Maximum Spread
  • Minimum Quote Size
Liquidity Provider schemes

Mistrade Parameter

This file provides an overview of mistrade ranges for Options and Futures including information on their behavior close to expiration and in stressed markets.
 

Mistrade Ranges

Crossing Parameters

(section 2.6 Eurex Trading Conditions)

(1) Orders and quotes relating to the same instrument or combined instrument may, in case they could immediately be executed against each other, neither be entered knowingly by an Exchange Participant (a cross trade) nor pursuant to a prior understanding by two different Exchange Participants (a pre-arranged trade), unless the conditions according to Paragraph 3 have been fulfilled. The same shall apply for the entry of orders as part of a quote.

(2) An Exchange Participant may submit a description of his internal and external links to the EDP system of Eurex Deutschland to the Market Surveillance Office of Eurex Deutschland with a view to a decision on whether the Exchange Participant acted knowingly within the meaning of Paragraph 1. The details of the specifications of the description of the IT linkage pursuant to Sentence 1 shall be determined by the Surveillance Office of Eurex Deutschland in agreement with the Management Board of Eurex Deutschland.

(3) A cross trade or a pre-arranged trade is admissible if a participant in a cross-trade or a pre-arranged trade, prior to entering his order or quote into the EDP system of Eurex Deutschland, announces his intention to execute a corresponding number of contracts as cross-trades or pre-arranged trades in the order book (“cross request”). The order or quote giving rise to the cross trade or pre-arranged trade must be entered one second at the earliest and 61 seconds at the latest with regard to Money Market Futures contracts, Fixed Income Futures contracts, options on Money Market Futures contracts and options on Fixed Income Futures contracts, respectively 31 seconds at the latest with regard to all other futures and option contracts after having entered the cross request. The purchasing Exchange Participant shall bear the responsibility for compliance with the content of the cross request entry. Entering a cross request without subsequently entering the respective order or quote is not admissible.

(4) Paragraphs 1 and 3 shall not apply to transactions consummated during the netting process in an auction (Number 1.4 Paragraphs 2 and Paragraph 3).

(5) Paragraph 1 shall apply mutatis mutandis to other behaviour constituting evasion of this regulation.

Trading Hours

Regular Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
07:30 08:15 17:25 22:10
Last Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
07:30 08:15 17:30

Trading Calendar

  • Jan 01
    Interest Rate | Equity | Equity Index | Dividend | FX | Volatility | ETF & ETC | Commodity | Property Derivatives Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Jan 02
    Fixed income derivatives | Equity | Equity Index | Dividend | ETF & ETC | FX Switzerland Holiday

    No cash payment in CHF

  • Jan 02
    Equity Index Switzerland Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • Jan 06
    Equity Index Finland Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • Jan 20
    Equity | Equity Index | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Brazil | Canada | Russia | USA Holiday

    No cash payment in USD

  • Feb 17
    Equity | Equity Index | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Brazil | Canada | Russia | USA Holiday

    No cash payment in USD

  • Apr 10
    Interest Rate | Equity | Equity Index | Dividend | Volatility | FX | ETF & ETC | Commodity | Property Derivatives Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Apr 13
    Interest Rate | Equity | Equity Index | Dividend | FX | Volatility | ETF & ETC | Commodity | Property Derivatives Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • May 01
    Interest Rate | Equity | Equity Index | Dividend | FX | Volatility | ETF & ETC | Commodity | Property Derivatives Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • May 21
    Fixed income derivatives | Equity | Equity Index | Dividend | ETF & ETC | FX Switzerland Holiday

    No cash payment in CHF

  • May 21
    Equity Index Finland Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • May 21
    Equity Index Switzerland Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • May 25
    Equity | Equity Index | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Brazil | Canada | Russia | USA Holiday

    No cash payment in USD

  • Jun 01
    Fixed income derivatives | Equity | Equity Index | Dividend | ETF & ETC | FX Switzerland Holiday

    No cash payment in CHF

  • Jun 01
    Equity Index Switzerland Holiday

    Eurex is closed for trading and clearing (exercise and settlement) in Swiss equity index derivatives

  • Jun 01
    Equity Index Austria Holiday

    Eurex is closed for trading and exercise in Austrian equity index derivatives

  • Jun 01
    Equity Index Germany Holiday

    Eurex is closed for trading and exercise in German equity index derivatives; exceptions: trading in FDAX, F2MX, FDIV, FTDX and FDXM takes place.

  • Jun 18
    Equity Index Finland Last Trading Day

    Last Trading Day for Finnish equity index derivatives

  • Jun 19
    Equity Index Finland Holiday

    Eurex is closed for trading and exercise in Finnish equity index derivatives

  • Sep 07
    Equity | Equity Index | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Brazil | Canada | Russia | USA Holiday

    No cash payment in USD

  • Oct 12
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX Brazil | Canada | Russia | USA Holiday

    No cash payment in USD

  • Oct 26
    Equity Index Austria Holiday

    Eurex is closed for trading and exercise in Austrian equity index derivatives

  • Nov 11
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX Brazil | Canada | Russia | USA Holiday

    No cash payment in USD

  • Nov 26
    Equity | Equity Index | Bloomberg | Gold Derivatives | Silver Derivatives | Exchange traded commodities derivatives | FX Brazil | Canada | Russia | USA Holiday

    No cash payment in USD

  • Dec 24
    Volatility | Property Derivatives | FX | Interest Rate | Equity Index | ETF & ETC | Equity | Dividend | Commodity Holiday

    Eurex is closed for trading in all derivatives

  • Dec 25
    Interest Rate | Equity | Equity Index | Dividend | FX | Volatility | ETF & ETC | Commodity | Property Derivatives Holiday

    Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives

  • Dec 31
    Commodity | Dividend | Equity | ETF & ETC | Equity Index | Interest Rate | Property Derivatives | FX | Volatility Holiday

    Eurex is closed for trading in all derivatives

Transaction Fees

Fee Type Fee
Exchange transactions: Standard fees (A-, M- and P-accounts) EUR 0.60 per contract
TES transactions: Standard fees (A-, M- and P-accounts) EUR 0.60 per contract
Daily maintenance fees (A- and P-accounts) EUR 0.002 per contract
Daily maintenance fees (M-accounts) EUR 0.001 per contract
Position Closing Adjustments EUR 1.20 per contract
Cash settlement EUR 0.60 per contract
Position transfer with cash transfer EUR 7.50 per transaction

Order Book

Content wird geladen.

Market Status

XEUR

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