Prices/Quotes
Price Chart
Statistics
Specifications
Contract Specifications
Contract standards
European Interbank Offered Rate (EURIBOR) for three-month euro term deposits.
Contract size
EUR 1 million.
Settlement
Cash settlement, payable on the first exchange day following the final settlement day.
Price quotation and minimum price change
The price quotation is in percent, with four decimal places, expressed as 100 minus the traded rate of interest. The minimum price change is 0.0025 points, equivalent to a value of EUR 6.25.
The minimum price change for the different instrument types of the contract is:
Contract months
Up to 72 months: The six nearest successive calendar months and the 22 following quarterly months of the March, June, September and December cycle.
Last trading day and final settlement day
Last trading day is the final settlement day. Final settlement day is two exchange days prior to the third Wednesday of the respective maturity month, provided that on that day the European Money Markets Institute (EMMI) has determined the EURIBOR reference interest rate pertaining to three-month euro term deposits; otherwise, the exchange day immediately preceding that day. Close of trading in the maturing futures on the last trading day is at 11:00 CET.
Daily settlement price
The daily settlement price for the current maturity month of Three-Month EURIBOR Futures is derived from the volume-weighted average of the prices of all transactions during the minute before 17:15 CET (reference point), provided that more than five trades transacted within this period.
For the remaining maturity months, the daily settlement price for a contract is determined based on the average bid/ask spread of the combination order book.
Final settlement price
The final settlement price is established by Eurex on the final settlement day at 11:00 CET; based on the reference interest rate for three-month euro term deposits as determined by the European Money Markets Institute. To fix the final settlement price, the EURIBOR rate is rounded to three decimal places and then subtracted from 100.
Matching of trades (pro rata matching)
Orders and quotes are matched according to the principle of pro rata matching, which is exclusively based on the principle of price priority.
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
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.
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 | 08:00 | 19:00 | 20:00 |
Last Trading Day
| Pre-Trading | Trading | Post-Trading | |||
|---|---|---|---|---|---|
| Full | Late1 | Late2 | Restricted | ||
| 07:30 | 08:00 | 11:00 |
Trading Calendar
-
Jan
13
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures
-
Jan
16
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures
-
Jan
16
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Feb
10
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures
-
Feb
13
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Feb
13
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures
-
Mar
10
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures (OEM1-4)
-
Mar
13
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures (standard)
-
Mar
13
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures (standard)
-
Mar
13
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Mar
14
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures (OEM1-4)
-
Mar
14
Money market derivatives | Last Trading Day
Last Trading Day for 3M SARON® Futures and Three-Month Euro STR Futures
-
Apr
07
Interest Rates | Equity | Equity Index | Dividends | Volatility | FX | ETF & ETC | Commodity | Holiday
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
-
Apr
10
Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Holiday
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
-
Apr
14
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures
-
Apr
17
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Apr
17
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures
-
May
01
Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Holiday
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
-
May
12
Money market derivatives | Last Trading Day
Last Trading Day for options on Three-Month EURIBOR Futures
-
May
15
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures
-
May
15
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Jun
15
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures (OEM1-4)
-
Jun
18
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures (OEM1-4)
-
Jun
19
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Jun
19
Money market derivatives | Last Trading Day
Last Trading Day for 3M SARON® Futures and Three-Month Euro STR Futures
-
Jun
19
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures (standard)
-
Jun
20
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures (standard)
-
Jul
14
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures
-
Jul
17
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures
-
Jul
17
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Aug
11
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures
-
Aug
14
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Aug
14
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures
-
Sep
15
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures (OEU3)
-
Sep
18
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Sep
18
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures (standard)
-
Sep
18
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures (OEU3)
-
Sep
19
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures (standard)
-
Sep
19
Money market derivatives | Last Trading Day
Last Trading Day for 3M SARON® Futures and Three-Month Euro STR Futures
-
Oct
13
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures
-
Oct
16
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Oct
16
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures
-
Nov
10
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures
-
Nov
13
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Nov
13
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures
-
Dec
15
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures (OEM1-4)
-
Dec
18
Money market derivatives | Last Trading Day
Last Trading Day for Three-Month EURIBOR Futures
-
Dec
18
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures (OEM1-4)
-
Dec
18
Money market derivatives | Last Trading Day
Last Trading Day for Options on Three-Month EURIBOR Futures (standard)
-
Dec
19
Money market derivatives | Last Trading Day
Last Trading Day for 3M SARON® Futures and Three-Month Euro STR Futures
-
Dec
19
Money market derivatives | Delivery Day
Delivery Day for Options on Three-Month EURIBOR Futures (standard)
-
Dec
25
Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Holiday
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
-
Dec
26
Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Holiday
Eurex is closed for trading and clearing (exercise, settlement and cash) in all derivatives
Transaction Fees
| Fee Type | Fee |
|---|---|
| Exchange transactions: Standard fees (A-, M- and P-accounts) | EUR 0.20 per contract |
| TES transactions / Eurex EnLight: Standard fees (A-, M- and P-accounts) | EUR 0.30 per contract |
| Position Closing Adjustments (A-, M- and P-accounts) | EUR 0.40 per contract |
| Cash settlement (A-, M- and P-accounts) | EUR 0.20 per contract |
| Position transfer with cash transfer | EUR 7.50 per transaction |
