Archive

Extension of trading hours for additional selected benchmark futures

Eurex extend its trading and clearing hours for additional selected Equity and Volatility Index Futures and Fixed Income Futures on 7 December 2020. Following market demand Eurex extend the trading and clearing hours for the following additional selected benchmark futures.

Equity Index Futures:

  • FESB – Eurostoxx Banks Futures
  • FXXP – STOXX 600 Futures
  • FVS – VSTOXX Futures

Fixed Income Futures:

  • FOAT – French Government Bond Futures (10 year)

Items/ Participants Requirement

Feature/Enhancement

Details

Action IItem

Extension of trading hours for additional selected benchmark futures on Eurex

Clearing Members should be prepared to support clearing activities during those hours and in case a margin call is triggered.

Margin calls during the extended trading hours can be fulfilled in AUD or via existing USD payment infrastructure, or alternatively via a manual cash transfer.

To prevent potential margin calls during the extended trading hours, Clearing Member can consider automated or manual measures on their side.

Clearing Members should ensure the correct clearing contact details are provided. They can do so in the Member Section under the following path:  Contacts > Your internal contacts > Trading & Clearing Contacts > Category “Extended Hours Trading”
 
Additional measures that Clearing Members can consider are:

Clearing Members should ensure technical back-office connectivity (either in-house connectivity or with ISV) to C7 is set up.  

Clearing Members can set up automatic instructions (give-ups, take-ups, O/C, etc).

•Clearing Members are also recommended to align with respective Trading Members on the participation of the extended trading hours.   

Corresponding Communication

If you require further information, please contact us at client.services@eurex.com.