Initiatives & Releases

SARON Futures

To align with the benchmark RFR market convention, Eurex launched the new SARON futures that mirror exactly the already existing offering but with a new contract naming convention. The new 3M SARON® Futures will eventually fully replace the current Three-Month SARON® Futures 

Simulation start: 22 July 2021
Production start: 27 September 2021

 

Saron

 

Participants Requirements

Features

Details

Action Item

3M SARON Futures re-launch with new naming convention

The new contracts are identical to the existing Three-Month SARON® Futures (FSO3) but with the only difference of applying a new contract naming convention whereby contracts are named according to the quarter start-month.

Trading in the existing contracts (FSO3) will be halted effective date September 15 2021, once the September 2021 contract expires (all expiries beyond September 2021 have already been de-activated) and the Three-Month SARON® Futures (FSO3) will be de-listed at a later stage.

Please note the new naming convention and that the product code FSO3 had been changed to FSR3.

Trading Members are asked to update their internal systems and to participate in the simulation.

In case of any questions or you require further information please contact client.services@eurex.com.

Are you looking for information on previous projects? We have stored information about our previous projects in our Archive for you!

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.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.