Eurex

Eurex is a Frankfurt, Germany-based derivatives exchange and one of the world's largest venues for futures and options. It operates as part of the Deutsche Börse Group and was established in 1998 as a joint venture between Deutsche Börse and SIX Swiss Exchange to create a cross-border platform for European derivatives. The exchange is known for its electronic trading infrastructure and broad product scope.

Trading on Eurex is conducted using the T7 trading system, an integrated electronic platform that supports order-driven trading across multiple asset classes. Eurex offers a wide range of products, including futures and options on major equity indices such as the DAX and the EURO STOXX 50, as well as single-stock futures and fixed-income futures tied to government and other sovereign debt.

Clearing and settlement services are provided by Eurex Clearing AG, a central counterparty within the Eurex Group. Eurex Clearing handles clearing, risk management, collateral requirements, and default procedures for trades executed on Eurex, helping to reduce counterparty risk for market participants.

As a major European derivatives venue, Eurex serves a global community of traders and institutions, providing access through international networks and links to other markets. The exchange operates under German and European regulatory frameworks, with oversight from authorities such as BaFin and adherence to EU market infrastructure rules. Through its product mix, trading technology, and clearing capabilities, Eurex plays a central role in price discovery, liquidity provision, and risk transfer in European financial markets.