KOSPI

Eurex Daily Futures on KOSPI 200 4th Weekly Options (OKW4)

  • Currency
    KRW
  • Product ISIN
    DE000A3DCWP4
  • Underlying ISIN
    XC000A3DC7Z5

Prices/Quotes

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Statistics

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Specifications

Contract Specifications

ContractsProduct IDUnderlying

Eurex Daily Futures on KOSPI 200 Options of the Korea Exchange (KRX)

OKS2

The relevant KOSPI 200 Options series listed at KRX


Eurex Daily Futures on KOSPI 200 (Monday) Weekly Options of the Korea Exchange (KRX)

OKW1, OKW3, OKW4, OKW5

OKM1, OKM2, OKM3, OKM4, OKM5

The underlying ISIN refers to the KOSPI 200 Futures contract on KRX. As an index calculation of the KOSPI 200 is not available during the Eurex trading hours, Eurex displays the real-time prices of the front month of KOSPI 200 Futures in KRX's overnight session as the underlying price in the Eurex system®.

Contract size

One KOSPI 200 Options contract of the relevant option series. 

Settlement

Cash settlement and opening of the respective position in the corresponding series of the KOSPI 200 Options on the next exchange day of KRX following the conclusion of a Eurex Daily Futures on KOSPI 200 Options contract, at the latest, however, 40 minutes before opening of exchange trading on KRX via entry into the KRX system in favour of the respective counterparties of the option contracts.

Price quotation and minimum price change

The price quotation is in points with two decimal places. The minimum price change is 0.05 points, if the option premium of the underlying is at least 10 points (equivalent to a value of KRW 12,500), and 0.01 points, if the option premium of the underlying is less than 10 points (equivalent to a value of KRW 2,500).

Contract term

One exchange day. Eurex Daily Futures on KOSPI 200 (Monday Weekly & Weekly) Options can be traded on each day, provided that this day is an exchange day at both Eurex and KRX. Every contract expires at the end of the exchange day on which it has been concluded on the Eurex Exchanges.

Last trading day and final settlement day

Last trading day is the final settlement day. Each trading day of Eurex Daily Futures on KOSPI 200 (Monday Weekly & Weekly) Options is also the last trading day. Close of trading is at 21:00 CET.

Daily settlement price

The daily settlement price of Eurex Daily Futures on KOSPI 200 (Weekly) Options is also the final settlement price and is equivalent to the daily settlement price calculated by KRX for the KOSPI 200 Options contracts admitted for trading on KRX on the respective exchange day as of the close of trading on KRX. The cash flow resulting from the variation margin will be paid or received in KRW at the Shinhan Bank in South Korea.

Further details are available in the clearing conditions.

The complete contract specifications for the KRX KOSPI 200 Options are available here.

Block Trades

Admitted to the Eurex Block Trade Service with a Minimum Block Trade Size of 500 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 Trader or several Exchange Traders of an Admitted Company (a “Cross Trade”) nor pursuant to a prior understanding between Exchange Traders of two different admitted companies (a “Pre-Arranged Trade”), unless the conditions according to Paragraph 2 have been fulfilled. The same shall apply for the entry of Orders as part of a Quote.

(2) A Cross Trade or a Pre-Arranged Trade is admissible if a participant in a Cross Trade or a Pre-Arranged Trade Eurex Trading System, announces his intention to execute a corresponding number of Contracts as Cross Trades or Pre-Arranged Trades in the Order Book (“Trade Request”). The buying participant has to ensure that he himself or the selling participant enters the Trade Request. The Order or Quote giving rise to the Cross Trade or Pre-Arranged Trade must be entered one second at the earliest and 121 seconds at the latest after the entry of the Trade Request. Entering a Trade Request without entering the respective Order or Quote is not admissible.

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

(4) The automated entry functionality for Cross Trades or Pre-Arranged Trades of the Eurex Trading System may be used for entering Cross Trades or Pre-Arranged Trades. In this case, announcement and entry of the corresponding Orders pursuant to Paragraph 2 will be automated. 

Trading Hours

Regular Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
10:30 11:00 21:00 21:30
Last Trading Day
Pre-Trading Trading Post-Trading
Full Late1 Late2 Restricted
10:30 11:00 21:00

Trading Calendar

  • Jan 01
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | Holiday

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

  • Jan 02
    Fixed income derivatives | Equity | Equity Index | Dividends | 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 15
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Feb 09
    KOSPI | Holiday

    No cash payment in KRW

  • Feb 09
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • Feb 12
    KOSPI | Holiday

    No cash payment in KRW

  • Feb 12
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • Feb 19
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Mar 01
    KOSPI | Holiday

    No cash payment in KRW

  • Mar 01
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • Mar 29
    Interest Rates | Equity | Equity Index | Dividends | Cryptocurrency | Volatility | FX | ETF & ETC | Commodity | Holiday

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

  • Apr 01
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | Holiday

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

  • Apr 10
    KOSPI | Holiday

    No cash payment in KRW

  • Apr 10
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • May 01
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | Holiday

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

  • May 06
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • May 06
    KOSPI | Holiday

    No cash payment in KRW

  • May 06
    Equity Index | Great Britain | Holiday

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

  • May 09
    Equity Index | Switzerland | Holiday

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

  • May 09
    Equity Index | Finland | Holiday

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

  • May 09
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • May 15
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • May 15
    KOSPI | Holiday

    No cash payment in KRW

  • May 20
    Equity Index | Switzerland | Holiday

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

  • May 20
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • May 27
    Equity Index | Great Britain | Holiday

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

  • May 27
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Jun 06
    KOSPI | Holiday

    No cash payment in KRW

  • Jun 06
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • Jun 19
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Jun 21
    Equity Index | Finland | Holiday

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

  • Jul 04
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Aug 01
    Equity Index | Switzerland | Holiday

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

  • Aug 01
    Fixed income derivatives | Equity | Equity Index | Dividends | ETF & ETC | FX | Switzerland | Holiday

    No cash payment in CHF

  • Aug 15
    KOSPI | FX | Holiday

    No cash payment in KRW

  • Aug 15
    KOSPI | FX | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives and Daily USD/KRW Futures

  • Aug 26
    Equity Index | Great Britain | Holiday

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

  • Sep 02
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Sep 16
    KOSPI | FX | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives and Daily USD/KRW Futures

  • Sep 16
    KOSPI | FX | Holiday

    No cash payment in KRW

  • Sep 17
    KOSPI | FX | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives and Daily USD/KRW Futures

  • Sep 17
    KOSPI | FX | Holiday

    No cash payment in KRW

  • Sep 18
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • Sep 18
    KOSPI | FX | Holiday

    No cash payment in KRW

  • Oct 01
    KOSPI | Holiday

    No cash payment in KRW

  • Oct 01
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • Oct 03
    KOSPI | FX | Holiday

    No cash payment in KRW

  • Oct 03
    KOSPI | FX | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives and Daily USD/KRW Futures

  • Oct 09
    KOSPI | Holiday

    Eurex is closed for trading in Daily Futures on KOSPI 200 Derivatives

  • Oct 09
    KOSPI | Holiday

    No cash payment in KRW

  • Oct 14
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

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

    No cash payment in USD

  • Nov 28
    Equity | Equity Index | Bloomberg | Exchange traded commodities derivatives | FX | Brazil | Canada | Russia | USA | Holiday

    No cash payment in USD

  • Dec 06
    Equity Index | Finland | Holiday

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

  • Dec 24
    Interest Rates | Equity | Equity Index | Dividends | Volatility | ETF & ETC | Cryptocurrency | Commodity | FX | Holiday

    Eurex is closed for trading in all derivatives

  • Dec 25
    Interest Rates | Equity | Equity Index | Dividends | FX | Volatility | ETF & ETC | Commodity | Cryptocurrency | 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 | Cryptocurrency | Holiday

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

  • Dec 31
    Interest Rates | Equity | Equity Index | Dividends | Volatility | ETF & ETC | Cryptocurrency | Commodity | FX | Holiday

    Eurex is closed for trading in all derivatives

Transaction Fees

Fee Type Fee
Exchange transactions: Standard fees (A-, M- and P-accounts) KRW 0.04 % of the premium per contract
TES transactions: Standard fees (A-, M- and P-accounts) KRW 0.04 % of the premium per contract

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.

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