OTC Block Trades
We provide clearing services for OTC Block Trades as well as for a wide range of other OTC products. Our
goal is to give OTC market participants the same benefits of standardized clearing and settlement that
our on-exchange customers already enjoy.
An OTC Block Trade is a trade in a standardized Eurex product where the price has been negotiated
off-exchange. While these trades are done "off-exchange", they are entered in the system in order to
benefit from of the advantages of standardized clearing: elimination of counterparty risk and
trade processing.
The exchange defines a minimum number of contracts for an OTC Block Trade for each product admitted to
block-trading. OTC Block Trades must be approved within 30 minutes of entry and by the end of the
Post-Trading Full Period. If approval of an OTC Block Trade is not done within 30 minutes of entry (or,
if it has been modified, its last modification), the transaction becomes inactive. The buyer can reactivate
an OTC Block Trade during the current business day by retrieving it and resubmitting it. The seller of
the future cannot make any modifications to the transaction, but can only approve it, or do nothing.
The buyer always must enter the details of the trade first, along with their specific buy-side parameters.
Entering the trade generates a transaction number that must be communicated to the seller. The seller
then adds sell-side parameters, and approves the trade. The OTC Block Trade is termed "open" until it has
been approved by the seller and is deleted at the end of the current exchange trading day if it
remains unapproved.
Details about how to use the OTC Block Trade facility can also be found here:
 | | | |
|
Name
|
Date
|
File Size
|
File
|
|
Introduction to using the OTC Block Trading Facility on the Eurex @X-ceed Front-End
| Sep 2008 |
|  |
|
Import Template Bulk Load
|
Feb 2008
|
399 kB
|  |
|
Manual excerpt "Eurex @X-ceed Trading User Guide" |
Aug 2008
|
399 kB
|  |
| | |
|
Contract
|
Product ID
|
Minimum Number of
Traded Contracts
|
| Equity Derivatives |
|
Single Stock Futures
| | | 1 |
|
Equity Options / LEPOs
| | | 250 |
Equity Index Derivatives |
| Equity Index Futures |
| DJ EURO STOXX 50® Index Futures | | FESX |
1,000
|
| DJ EURO STOXX® Select Dividend 30 Index Futures | | FEDV | 250 |
| DJ STOXX 50® Index Futures | | FSTX | 250 |
| DJ STOXX® 600 Index Futures | | F600 | 250 |
| DJ STOXX® Large 200 Index Futures | | F2LA | 250 |
| DJ STOXX® Mid 200 Index Futures | | F2MI | 250 |
| DJ STOXX® Small 200 Index Futures | | F2SM | 250 |
| DJ EURO STOXX® Sector Index Futures | | | 250 |
| DJ STOXX® 600 Sector Index Futures | | | 250 |
| DJ Sector Titans Index Futures | | | 1 |
| DJ Global Titans 50 IndexSM Futures | | FGTI |
100
|
| DJ Global Titans 50 IndexSM Futures | | FT50 |
100
|
|
DAX® Futures
| | FDAX | 250 |
|
DivDAX® Futures
| | FDIV | 500 |
|
MDAX® Futures
| | F2MX | 250 |
|
TecDAX® Futures
| | FTDX |
1,000
|
|
SMI® Futures
| | FSMI | 500 |
|
SMIM® Futures
| | FSMM |
1,000
|
|
SLI® Futures
| | FSLI |
2,000
|
|
OMXH25 Futures
| | FFOX | 250 |
|
MSCI Russia Index Futures
| | FMXR | 100 |
|
RDXxt® USD - RDX Extended Index Futures
| | FRDX | 100 |
| Equity Index Options |
| DJ EURO STOXX 50® Index Options | | OESX |
1,000
|
| DJ STOXX 50® Index Options | | OSTX |
1,000
|
| DJ EURO STOXX® Select Dividend 30 Index Options | | OEDV | 250 |
| DJ STOXX® 600 Index Options | | O600 | 250 |
| DJ STOXX® Large 200 Index Options | | O2LA | 250 |
| DJ STOXX® Mid 200 Index Options | | O2MI | 250 |
| DJ STOXX® Small 200 Index Options | | O2SM | 250 |
| DJ EURO STOXX® Sector Index Options | | | 100 |
| DJ STOXX® 600 Sector Index Options | | | 100 |
| DJ Global Titans 50SM Index Options | | OGTI |
100
|
|
DAX® Options
| | ODAX | 500 |
|
DivDAX® Options
| | ODIV | 500 |
|
MDAX® Options
| | O2MX | 250 |
|
TecDAX® Options
| | OTDX |
1,000
|
|
SMI® Options
| | OSMI | 500 |
|
SMIM® Options
| | OSMM |
1,000
|
|
SLI® Options
| | OSLI |
2,000
|
|
OMXH25 Options
| | OFOX | 250 |
|
MSCI Russia Index Options
| | OMXR | 100 |
| DJ EURO STOXX 50® Weekly Options | | |
1,000
|
| DAX® Weekly Options | | | 500 |
| SMI® Weekly Options | | | 500 |
Equity Index Dividend Derivatives |
|
Dow Jones EURO STOXX 50® Index Dividend Futures
| | FEXD | 1 |
Volatility Index Derivatives |
|
VSTOXX® Futures
| | FVSX | 100 |
|
VDAX-NEW® Futures
| | FVDX | 100 |
|
VSMI® Futures
| | FVSM | 100 |
Exchange Traded Funds® Derivatives |
| EXTF Futures |
|
iShares DJ EURO STOXX 50® Futures
| | EUNF |
1,000
|
|
iShares DAX® (DE) Futures
| | EXSF |
1,000
|
|
XMTCH on SMI® Futures
| | XMTF |
1,000
|
| EXTF Options |
| iShares DJ EURO STOXX 50® Options | | EUN2 |
1,000
|
|
iShares DAX® (DE) Options
| | EXS1 |
1,000
|
|
XMTCH on SMI® Options
| | XMT |
1,000
|
Credit Derivatives |
|
iTraxx® Europe 5-year Index-Futures
| | F5E0 |
2,500
|
|
iTraxx® Europe HiVol 5-year Index-Futures
| | F5H0 |
1,500
|
| iTraxx® Europe Crossover 5-year Index-Futures | | F5C0 |
1,000
|
|
Single Name Recovery Futures
| | |
100
|
Inflation Derivatives |
|
Euro-Inflation Futures
| | HICP |
50
|
Interest Rate Derivatives |
| Fixed Income Derivatives |
| Fixed Income Futures |
|
Euro-Schatz Futures
| | FGBS |
4,000
|
|
Euro-Bobl Futures
| | FGBM |
3,000
|
|
Euro-Bund Futures
| | FGBL |
2,000
|
|
Euro-Buxl® Futures
| | FGBX | 100 |
|
CONF Futures
| | CONF | 500 |
| Options on Fixed Income Futures |
|
Options on Euro-Schatz Futures
| | OGBS | 50 |
|
Options on Euro-Bobl Futures
| | OGBM | 50 |
|
Options on Euro-Bund Futures
| | OGBL | 50 |
Money Market Derivatives |
| Money Market Futures |
|
One-Month EONIA Futures
| | FEO1 | 100 |
|
Three-Month EURIBOR Futures
| | FEU3 | 100 |
| Options on Money Market Futures |
|
Options on Three-Month EURIBOR Futures
| | OEU3 | 50 |
Commodity Derivatives |
|
Gold Derivates
| | FGFX, OGFX |
1
|
|
CO2 Derivates
| | F2PE, FCER, O2PE |
1
|
