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Equity Options
Your benefits trading Eurex Equity Options
2
One-Stop Shop Weeklies
& Euro- Style
▪ Eurex has the largest offer on single names: Traded Options, Futures and Dividend
products at one exchange
▪ Weeklies on all Eurostoxx50 components and European style options
Trading on Eurex EnLight▪ Increase your process efficiency
▪ Your source to liquidity and new pools, build on a proven technology
Option Volatility strategies▪ Eurex offers option volatility strategy by offering combined trades of the option and it‘s
corresponding physical settled single stock futures
Margin Savings ▪ Benefit from netting effects bundling your volume at one platform
Trade Entry Services &
Multilateral Trade Reg.
▪ Trade Entry services are facilitated by a number of brokers
▪ TES trades can be registered by multiple counterparties
Lowest Fees▪ We offer you low fees for client accounts, attractive volume and market making
rebates up to 80% across all country segments
Flex Options ▪ Flex Options: Define exercise price, expiration date, exercise style and settlement.
3 - 11
12
13 - 14
15 -19
22 - 23
20
21
Eurex Exchange Offers a Wide Range of Equity Options
3
▪ Eurex market participants are now able to trade more than
800 Equity options on over 500 stocks, from 13 countries.*
▪ The range offers access to all the components of the
EURO STOXX 50 and STOXX Europe 50 Index, as well
as most components in the STOXX Europe 600, STOXX
Europe Large 200, STOXX Europe Mid 200 and STOXX
Europe Small 200 indices.
* Equity Options are not available for f irms trading from the U.S.
** standard American style Equity Options - majority of products also available
w ith w eekly expiry and/or European style exercise
Equity
Options
Currency
Underlying
Country
Index Components
Covered
No. of
Equity
Options **
CHF Switzerland SMI, SLI, SMIM 92
EUR Germany DAX®, MDAX®, TecDAX® 147
France CAC40 84
Netherlands AEX 37
Italy FTSE MIB 34
Spain IBEX 35 14
Belgium BEL 20 18
Austria ATX, ATX five 24
Finland OMX Helsinki 25 11
Ireland ISEQ 20 7
Sweden OMC Stockholm 30 1
GBP UK FTSE 100 31
USD Russia RDX USD 7
Total 507
45%
55%
Orderbook Off-Book
Development Single Equity Options (1/2)
4
Pie charts based on YTM 2020 data
0
10
20
30
40
50
60
70
80
0
5
10
15
20
25
Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul
2017 2018 2019 2020
Op
en
Inte
rest in
mill
ion
s
Tra
de
d C
on
tra
cts
in m
illio
ns
Orderbook Off-Book Open Interest
September-20 September-19 YTM 2020
Traded Contracts 14,052,970 16,452,575 138,993,619
Agent 5,327,567 5,939,170 53,441,414
Market Maker 6,198,585 7,742,516 62,765,109
Principal 2,526,819 2,770,890 22,787,096
Open Interest 59,835,566 59,658,020
Average Daily Volume 2020 723,925
39%
45%
16%
Agent Market Maker Principal
Development Single Equity Options (2/2)
5
Country YTM 2020 YTM 2019 % change
Germany 56,030,130 55,441,758 1%
Switzerland 39,281,646 40,190,845 -2%
France 20,445,183 18,656,669 10%
Netherlands 9,393,681 11,224,190 -16%
Finland 6,061,472 4,577,839 32%
Spain 3,530,867 4,067,660 -13%
Italy 2,570,835 3,974,502 -35%
Belgium 569,754 734,389 -22%
Austria 541,280 222,602 143%
Russia 207,824 70,585 194%
Sweden 139,184 850,485 -84%
Great Britan 113,587 107,209 6%
Ireland 108,176 44,505 143%
Total 138,993,619 140,163,238 -1%
Germany40%
Switzerland28%
France15%
Netherlands7%
Finland4%
Spain3%
Italy
2%Belgium
0,5%
Equity Options – Country Segments Development (1/2)
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0
2
4
6
8
10
12
14
16
0
500
1000
1500
2000
2500
3000
3500
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
2018 2019 2020
Op
en
Inte
rest,
in m
illio
ns
Tra
de
d C
on
tra
cts
, in
th
ou
sa
nd
s
French Equity Options
0
5
10
15
20
25
30
0
1
2
3
4
5
6
7
8
9
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
2018 2019 2020
Op
en
Inte
rest,
in m
illio
ns
Tra
de
d C
on
tra
cts
, in
mill
ion
s
German Equity Options
Orderbook Off-Book Off-Book Orderbook Off-Book Off-Book
0
2
4
6
8
10
12
14
16
18
20
0
1
2
3
4
5
6
7
8
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
2018 2019 2020
Op
en
Inte
rest,
in m
illio
ns
Tra
de
d C
on
tra
cts
, in
mill
ion
s
Swiss Equity Options
Equity Options – Country Segments Development (2/2)
7
0
1
2
3
4
5
6
0
200
400
600
800
1000
1200
1400
1600
Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul
2018 2019 2020
Op
en
Inte
rest,
in m
illio
ns
Tra
de
d C
on
tra
cts
, in
th
ou
sa
nd
s
Dutch Equity Options
Orderbook Off-Book Off-Book Orderbook Off-Book Off-Book
Equity Options – Country Segments Development (1/2)
8
0
0.5
1
1.5
2
2.5
3
3.5
4
0
100
200
300
400
500
600
700
800
900
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
2018 2019 2020
Op
en
Inte
rest,
in m
illio
ns
Tra
de
d C
on
tra
cts
, in
th
ou
sa
nd
s
Italian Equity Options
0
0.5
1
1.5
2
2.5
3
3.5
0
200
400
600
800
1,000
1,200
Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul
2018 2019 2020
Op
en
Inte
rest,
in m
illio
ns
Tra
de
d C
on
tra
cts
, in
th
ou
sa
nd
s
Spanish Equity Options
Orderbook Off-Book Off-Book Orderbook Off-Book Off-Book
9
0
50
100
150
200
250
300
350
0
20
40
60
80
100
120
140
160
Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep
2018 2019 2020
Op
en
Inte
rest,
in t
ho
usa
nd
s
Tra
de
d C
on
tra
cts
, in
th
ou
sa
nd
s
Belgian Equity Options
0
50
100
150
200
250
300
350
0
50
100
150
200
250
300
350
Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct
2018 2019 2020
Op
en
Inte
rest,
in t
ho
usa
nd
s
Tra
de
d C
on
tra
cts
, in
th
ou
sa
nd
s
Swedish Equity Options
Equity Options – Country Segments Development (1/2)
Orderbook Off-Book Off-Book Orderbook Off-Book Off-Book
Weekly
Options
European
Style
Options
▪ 78 underlying assets for Weekly equity options are available on Eurex: Weekly options expire every Friday
▪ Contract specifications are similar to the monthly options
▪ Advantages:
▪ Lower premiums
▪ Implement more targeted strategies, i.e..: tailor strategies around specific market events
▪ Wider choice of expiry dates
▪ Short-term investment in the underlying equity
▪ European Style options are available on 36 underlying assets
▪ The exercise style is the only difference between the American and European equity options contract
specifications
▪ Advantages:
▪ Implement more targeted strategies
▪ Option can only be exercised at the end of it’s life
▪ Remove uncertainty of executions during the options lifetime
Product VariationsWeekly & European Style Options
10
Equity Options with weekly expiries
11
0
5000
10000
15000
20000
25000
30000
35000
40000
0
20
40
60
80
100
120
Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul
2018 2019 2020
Op
en
Inte
rest
Tra
de
d C
on
tra
cts
September-20 September-19 YTM 2020
Traded Contracts 59,189 81,270 582,023
Agent 27,852 38,766 259,307
Market Maker 29,523 28,596 310,387
Principal 1,815 13,908 12,330
Open Interest 24,725 16,683
Average Daily Volume 2020 3,031
Pie charts based on YTM 2020 data
88%
12%
Book Off-Book
45%
53%
2%
Agent Market Maker PrincipalOrderbook Off-Book Off-Book
Trading Equity Options on Eurex EnLight
12
Increase your
process
efficiency
▪ Eurex EnLight offers a collated view of all received quotes, implied orderbook prices etc.
▪ Improve your intelligence capabilities with price formation data
Your source to
liquidity and
new pools
▪ Eurex EnLight connects a large number of participants and thereby provides liquidity
▪ Access to full liquidity information increases speed of accurate price formation
Build on a
proven
technology
▪ The platform is accessible via the Eurex GUI or the T7 API
▪ No separate agreements or special setups required
Comply with
Best Execution
obligations
▪ Eurex EnLight, as your assistant in terms of MiFID II / MiFIR obligations, offers tools to monitor and enforces
the firm’s policy
Option Volatility Strategies for Single Stock Options
13
▪ Trade option volatility strategies with the combination
of option and physical settled single stock futures with
monthly expirations cycle fully in the Eurex CCP
framework
▪ No bilateral exchange of the cash leg necessary
▪ Trade against every Eurex counterparty without any
bilateral counterparty risk
Universe of 61 Underlyings for Option Volatility Strategies
14
Option volatility strategies for single stock equity options
Benefit from Margin Efficiencies
15
Bundle your
volume on
one platform
▪ Benefit from netting effects bundling your volume at one platform
▪ With Eurex Clearing Prisma Portfolio Margining, trading for example the EURO STOXX 50 future or
Sector & Broadbased futures versus several options of its components, makes you benefit from
netting effects
▪ The same applies to trading different country segments on one platform
Mitigating
risks through
CCP clearing
▪ With Eurex Clearing, Europe’s leading clearing house for securities and derivatives transactions, as
the central counterparty to all trades, you benefit from mitigated counterparty risk
▪ Eurex Clearing provides effective CCP, risk management and collateral management services thus
improving operational efficiency as well as market safety overall
Mixed Countries (Options)
16
Name Eurex Long Short P/C Exp. Date Exercise
Price
Initial
Margin
(in EUR)
Liquidity
add on
(in EUR)
Margin Total
(in EUR)
Portfolio
Margin Total
(in EUR)
Margin
savings
Allianz ALV 100 0 C 2016/12/16 100 217,997 34,268 252,265
252,266 56%
Credit Suisse CSGN 250 0 C 2016/12/16 15 208,219 22,321 230,540
ABN Amro AAR 0 230 C 2016/12/16 20 27,974 5,675 33,649
Carrefour CAR 0 350 C 2016/12/16 28 45,295 13,453 58,748
ALV
252,265 €
AAR
33,649 €
Portfolio
252,266 €
56%
savings
Single Margins Portfolio Margining
CSGN
230,540 €
CAR
58,748 €
▪ Trading Equity Options on one single platform instead of several platforms
can result into large margin savings
▪ Migrate your French, Dutch, Italian and Spanish Equity Option trading to
Eurex as a single platform to benefit a maximum of netting effects
▪ They will be netted versus other country groups such as German and Swiss
Equity Options as well as our benchmark futures
FESX vs. Dutch equity options
17
Name Eurex Long Short P/C Exercise
Price
Exp. Date Initial
Margin
(in EUR)
Liquidity
add on
(in EUR)
Margin
Total
(in EUR)
Portfolio
Margin Total
(in EUR)
Margin
savings
SX5E Index
Future
FESX 50 0 - 2017/03/17 118,057 356 118,413
108,498 44%ING INN 0 100 C 13 2017/03/17 26,325 2,470 28,796
Philips PHI1 0 100 C 27 2017/03/17 20,643 2,817 23,460
Unilever UNI 0 100 C 37 2017/03/17 23,057 1,878 24,935
*Option Style: American
▪ Especially the Eurostoxx components are very interesting to have on Eurex
in respect to the netting effects you would have against the futures contract
▪ This example shows the Dutch options where you do not only benefit from
a significantly lower fee at Eurex, but also from a netting effect
FESX
118,413 €
PHI1
23,460 €
Portfolio
108,498 €
44%
savings
Single Margins Portfolio Margining
INN
28,796 €
UNI
24,935 €
Automobiles (Italy & France)
18
Name Eurex Long Short P/C Exp. Date Exercise
Price
Initial
Margin
(in EUR)
Liquidity
add on
(in EUR)
Margin Total
(in EUR)
Portfolio
Margin Total
(in EUR)
Margin
savings
ES
Autom.&P
FESA 100 0 - 2016/12/16 - 260,241 17,874 278,115
522,627 57%Fiat FIA5 900 0 P 2016/12/16 8 535,075 206,703 741,778
Peugot PEU 800 0 P 2016/12/16 15 158,628 50,897 209,525
▪ Trading liquid Equity Options on companies such as Fiat and Peugeot with
Eurex as a single platform results in netting effects
▪ They will be netted versus versus the liquid Eurostoxx Automobiles Future
(example below)
FIA5
511,309 €
Portfolio
522,627 €
57%
savings
Single Margins Portfolio Margining
PEU
84,586 €
FESA
147,495 €
Contract Specifications
19
Contract Size 1, 10, 100, 500, 1,000, 2,500 or 5,000 shares
Price Quotation
Tick Size
EUR**/CHF/USD: 0.01
GBP: 0.25 or 0.5**Exceptions - Italian equity options: EUR 0.0005
- Bank of Ireland and Permanent TSB holdings : EUR0.001
Contract MonthsUp to 12, 24 and 60 months: The three nearest successive calendar months, the three (for Spanish equity options nine) following quarter ly months of the
March, June, September and December cycle thereafter, and the four (for Spanish equity options the nearest) following semi-annual months of the June and December cycle thereafter, and the two following annual months of the December cycle thereafter.
Daily Settlement Price The Daily Settlement Price is established by Eurex. The Daily Settlement Prices for equity options are determined through the binomial model according to
Cox/Ross/Rubinstein. If necessary, dividend expectations, current interest rates or other payments are taken into consideration.
Final Settlement PriceAmerican-style; an option can be exercised until the end of the Post-Trading Full Period (20:00 CET) on any trading day during the lifetime of the option.
European-style for equity options with group ID DE 14, CH14, FI14, FR14 and NL14; an option can only be exercised on the Last Trading Day until the end of the Post-Trading Full Period (20:00 CET).European-style Russian equity options: an option can only be exercised on the Last Trading Day until the end of the
Post-Trading Full Period (17:40 CET).
Settlement Physical delivery of underlying shares is two exchange trading days after exercise: t+2
Last Trading Day Third Friday of the respective month, for Italian equity options the day before the third Friday, of each expiration month, i f this is an exchange day; otherwise,
the exchange day immediately preceding that day.
Option Premium The premium is payable in full in the currency of the respective contract on the exchange day following the day of the trade.
Trading Hours
Orderbook: 09:00 - 17:30 CET; Swiss EO: 09:00 - 17:20 CET; Russian EO: 09:15 - 16:30 CET
Eurex Trade Entry Services: 09:00 - 19:00 CET; Austrian EO: 09:15 - 19:00 CET; UK and Irish EO: 09:00 - 18:30 CET; Russian EO: 10:00 - 19:00 CET ( 16:30-17:00 CET on the Last Trading Day of Russian EO)
The opening time of 09:00 is considered a reference point. Eurex opens its equity options staggered between 08:50-09:05
The closing time of 17.30 is considered a reference point. Eurex closes its equity options staggered between 17:30-17:36
Participants can enter off-order book trades into the Eurex system, benefiting from the safety of clearing and settlement as well as
the flexibility of off-book trades.
Eurex Trade
Entry Services
Eurex Trade
Entry Services
Non-
disclosure
facility
▪ Members are able to enter bilaterally agreed off-book transactions into the trading and clearing system.
Registered off-book trades are then automatically cleared like regular exchange transactions
▪ The Eurex Trade Entry Services facility is fully electronic and integrated into members’ processes (Minimum
number of contracts apply)
▪ Block trades reaching or exceeding a certain number of contracts (defined by the exchange) are optionally not
disclosed intraday. Thresholds are published on the Eurex website
▪ On the following day, reports will contain updated volumes and open interest, including the ones that were not
disclosed
Eurex Trade Entry Services Offers You Safety…
20
Participants can enter off-order book trades into the Eurex system, benefiting from the safety of clearing and settlement as well as
the flexibility of off-book trades
Flexible
Options
▪ Allows customisation of equity options to suit the participant requirement
▪ Users can define Exercise price, Expiration date, Exercise style and Settlement type
▪ Flexible contracts are not disclosed intra-day
Multilateral
Trade
Registration
▪ Members can enter an off-book transaction involving multiple counterparties with automated confirmation. Partial
trades can be entered which can be assigned to counterparties
▪ Block trade fee caps are applied to all partial trades. Fees apply only up to the fee cap, providing substantial cost
efficiencies
… and Flexibility
21
Up to 80% fee rebates are available, depending on monthly proprietary trading volume, liquidity class and trade type
Trade Entry Services (TES) fees apply to all transactions executed via the Eurex Block Trade facility and to flexible options
Competitive & Transparent Fee Structure (A-Account)Trading and clearing covered by one fee
22
Product currency Trading TypeTransaction fees Threshold Exercise fee
Fee per lot Reduced fee* Contracts Fee per lot**
EUR
(European Equity
Options)
Orderbook 0.12 0.06
1,000
0.12
Eurex EnLight 0.13 0.07 0.12
TES 0.14 0.07 0.12
EUR
(German Equity Options)
Orderbook 0.15 0.08 0,15
Eurex EnLight 0.16 0.08 0,15
TES 0.17 0.09 0,15
CHF
Orderbook 0.20 0.10 0.20
Eurex EnLight 0.21 0.11 0.20
TES 0.22 0.11 0.20
GBP
Orderbook 0.17 0.09 0.17
Eurex EnLight 0.18 0.09 0.17
TES 0.19 0.10 0.17
USD
Orderbook 0.17 0.09 0.17
Eurex EnLight 0.18 0.09 0.17
TES 0.19 0.10 0.17
*Applies to contracts exceeding the threshold
**No fees are charged for exercise of LEPOs
Competitive & Transparent Fee Structure (P/M-Account)Trading and clearing covered by one fee
23
* Applies to contracts exceeding the threshold
** For P-Account only
***No fees are charged for exercise of LEPOs
Product currency Trading TypeTransaction fees Threshold Exercise fee
Fee per lot Reduced fee* ** Contracts Fee per lot***
EUR
(European Equity
Options)
Orderbook 0.10 0.05
500
0.10
Eurex EnLight 0.10 0.05 0.10
TES 0.10 0.05 0.10
EUR
(German Equity Options)
Orderbook 0.10 0.05 0,10
Eurex EnLight 0.10 0.05 0.10
TES 0.10 0.05 0.10
CHF
Orderbook 0.15 0.08 0.15
Eurex EnLight 0.15 0.08 0.15
TES 0.15 0.08 0.15
GBP
Orderbook 0.15 0.08 0.15
Eurex EnLight 0.15 0.08 0.15
TES 0.15 0.08 0.15
USD
Orderbook 0.15 0.08 0.15
Eurex EnLight 0.15 0.08 0.15
TES 0.15 0.08 0.15
Up to 80% fee rebates are available, depending on monthly proprietary trading volume, liquidity class and trade type
Trade Entry Services (TES) fees apply to all transactions executed via the Eurex Block Trade facility and to flexible options
Further information
24
For full equity option product list, contracts specifications and parameters (including Group ID):
http://www.eurexchange.com/exchange-en/products/equ/opt/
https://www.eurexchange.com/resource/blob/4908/b090da8d8a1564e6502e69046ac934de/data/productlist.csv
Corporate action announcements:
http://www.eurexchange.com/exchange-en/products/equ/corporate-actions
Eurex EnLight:
https://www.eurexchange.com/exchange-en/resources/initiatives/eurex-enlight
Market Making:
http://www.eurexchange.com/exchange-en/trading/market-making-and-liquidity-provisioning
Broker & Market Makers:
http://www.eurexchange.com/exchange-en/resources/participant-list/
Trading Fees:
http://www.eurexchange.com/exchange-en/trading/transaction-fees
Contacts
Philipp Schultze
Equity & Index Sales
Eurex Global Derivatives AGTheilerstrasse 1a
6300 ZugSwitzerlandT: +41 43 4 30-71 [email protected]
Nicolae Raulet
Equity & Index Product Development
Eurex Frankfurt AGLondon, Representative Office
11 Westferry Circus, 2nd Floor, Canary Wharf
London E14 4HE
T +44-207-8 62-72 74
Eurex Functional Helpdesks Eurex Technical Helpdesk
TradingT: +49 69 211-1 12 10
ClearingT: +49 69 211-1 12 50
TechnicalT: +49 69 211-1 12 00
25
eurex.com
Thank you!
26
Disclaimer
© Eurex Frankfurt AG 2020
Deutsche Börse AG (“DBAG”), Clearstream Banking AG (“Clearstream”), Eurex Frankfurt AG (“Eurex”), Eurex
Clearing AG (“Eurex Clearing”), Eurex Securities Transactions Services GmbH (“Eurex STS”) and Eurex Repo
GmbH (“Eurex Repo”) are corporate entities and are registered under German law . Eurex Global Derivatives AG is a
corporate entity and is registered under Sw iss law . Clearstream Banking S.A. is a corporate entity and is registered
under Luxembourg law . Eurex Frankfurt AG is the administrating and operating institution of Eurex Deutschland.
Eurex Deutschland is in the follow ing referred to as the “Eurex Exchange”.
All intellectual property, proprietary and other rights and interests in this publication and the subject matter hereof
(other than certain trademarks and service marks listed below ) are ow ned by DBAG or its aff iliates and subsidiaries
or used under authorization by their respective ow ners, including, w ithout limitation, all patent, registered design,
copyright, trademark and service mark rights. While reasonable care has been taken in the preparation of this
publication to provide details that are accurate and not misleading at the time of publication DBAG, Clearstream,
Eurex, Eurex Clearing, Eurex Repo as w ell as the Eurex Exchange and their respective subsidiaries, servants and
agents (a) do not make any representations or w arranties regarding the information contained herein, w hether
express or implied, including w ithout limitation any implied w arranty of merchantability or f itness for a particular
purpose or any w arranty w ith respect to the accuracy, correctness, quality, completeness or timeliness of such
information, and (b) shall not be responsible or liable for any third party’s use of any information contained herein
under any circumstances, including, w ithout limitation, in connection w ith actual trading or otherw ise or for any errors
or omissions contained in this publication.
This publication is published for information purposes only and shall not constitute investment advice respectively
does not constitute an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in
any other transaction. This publication is not intended for solicitation purposes but only for use as general
information. All descriptions, examples and calculations contained in this publication are for illustrative purposes only.
Eurex and Eurex Clearing offer services directly to members of the Eurex Exchange respectively to clearing
members of Eurex Clearing. Those w ho desire to trade any products available on the Eurex market or w ho desire to
offer and sell any such products to others or w ho desire to possess a clearing license of Eurex Clearing in order to
participate in the clearing process provided by Eurex Clearing, should consider legal and regulatory requirements of
those jurisdictions relevant to them, as w ell as the risks associated w ith such products, before doing so.
Only Eurex derivatives that are CFTC-approved may be traded via direct access in the United States or by United
States persons. A complete, up-to-date list of Eurex derivatives that are CFTC-approved is available at:
https://w ww.eurex.com/ex-en/rules-regs/eurex-derivatives-us.
In addition, Eurex representatives and participants may familiarize U.S. Qualif ied Institutional Buyers (QIBs) and
broker-dealers w ith certain eligible Eurex equity options and equity index options pursuant to the terms of the SEC’s
July 1, 2013 Class No-Action Relief. A complete, up-to-date list of Eurex options that are eligible under the SEC
Class No-Action Relief is available at: https://w ww.eurex.com/ex-en/rules-regs/eurex-derivatives-us/eurex-options-in-
the-us-for-eligible-customers. Lastly, U.S. QIBs and broker-dealers trading on behalf of QIBs may trade certain
single-security futures and narrow -based security index futures subject to terms and conditions of the SEC’s
Exchange Act Release No. 60,194 (June 30, 2009), 74 Fed. Reg. 32,200 (July 7, 2009) and the CFTC’s Division of
Clearing and Intermediary Oversight Advisory Concerning the Offer and Sale of Foreign Security Futures Products to
Customers Located in the United States (June 8, 2010).
Trademarks and Service Marks
Buxl®, DAX®, DivDAX®, eb.rexx®, Eurex®, Eurex Repo®, Eurex Strategy WizardSM, Euro GC Pooling®, FDAX®,
FWB®, GC Pooling®,,GCPI®, MDAX®, ODAX®, SDAX®, TecDAX®, USD GC Pooling®, VDAX®, VDAX-NEW® and
Xetra® are registered trademarks of DBAG or its aff iliates and subsidiaries. All MSCI indexes are service marks and
the exclusive property of MSCI Barra. ATX®, ATX® five, CECE® and RDX® are registered trademarks of Vienna
Stock Exchange AG. IPD® UK Quarterly Indexes are registered trademarks of Investment Property Databank Ltd.
IPD and have been licensed for the use by Eurex for derivatives. SLI®, SMI® and SMIM® are registered trademarks
of SIX Sw iss Exchange AG. The STOXX® indexes, the data included therein and the trademarks used in the index
names are the intellectual property of STOXX Limited and/or its licensors. Eurex derivatives based on the STOXX®
indexes are in no w ay sponsored, endorsed, sold or promoted by STOXX and its licensors and neither STOXX nor
its licensors shall have any liability w ith respect thereto. PCS® and Property Claim Services® are registered
trademarks of ISO Services, Inc. Korea Exchange, KRX, KOSPI and KOSPI 200 are registered trademarks of Korea
Exchange Inc. The names of other companies and third party products may be trademarks or service marks of their
respective ow ners.
Eurex Deutschland qualif ies as manufacturer of packaged retail and insurance-based investment products (PRIIPs)
under Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based
investment products (PRIIPs Regulation), and provides key information documents (KIDs) covering PRIIPs traded on
Eurex Deutschland on its w ebsite under the follow ing link: https://w ww.eurex.com/ex-en/rules-regs/priips-kids.
In addition, according to Art. 14(1) PRIIPs Regulation the person advising on, or selling, a PRIIP shall provide the
KID to retail investors free of charge.
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