Derivatives market – trading models and services

Transparent, fair trading models

A trading model describes the process by which orders are transformed into transactions. High liquidity, continuous innovation and a maximum of security characterise our trading models.

Eurex

Eurex operates one of the world's leading derivatives markets with transparent pricing and the greatest reliability. It provides you with direct access to more than 2,000 products – including some of the most liquid derivatives in the world.

Besides exchange traded derivatives from our central order book you also can enter off-book trades through our Eurex Trade Entry Services, enabling you to combine individual trading with the advantages of standardised clearing and processing.

Market model

Eurex’s market model give details of matching principles, strategy trading, order types and order handling along with details of account structure. More

Trading tools

To make your daily work as convenient as possible Eurex® has developed helpful trading tools. The OptionMaster allows you to calculate option prices and indicators online. The StrategyMaster Online lets you simulate your trading strategies online, by using options and futures contracts on a diverse range of underlyings. The VarianceCalculator supports you with the conversion from volatility to futures and vice versa. In addition, Eurex Clearing offers two possibilities to simulate margin requirements under Eurex Clearing Prisma®.

Eurex EnLight

The electronic price discovery service Eurex EnLight that allows banks and brokers to selectively contact market makers with requests for quotes in order to find a trading counterparty. Orders are then automatically transmitted to Eurex’ T7 Entry Service for exchange trade confirmation and post-trade processing.

Eurex derivatives in the US

Eurex offers a variety of products that are available for trading directly via terminals located in the US. These products are approved by the Commodity Futures Trading Commission (CFTC).

Eurex T7 Entry Services

Eurex T7 Entry Services enable trading participants to enter off-book transactions to the Eurex system. More

Eurex Repo

Eurex Repo® has expanded its existing, successful interbank markets to address buy side clients. In contrast to the anonymous interbank markets, the customised buy side trading licenses offer bilateral trading. This allows banks and their buy side clients to continue their existing business relationships.

Eurex Repo publishes details of the market models according to the individual service.

Select Invest

Eurex Repo along with Eurex Clearing, and Clearstream Banking have expanded the existing, successful GC Pooling Market to include a new segment, Select Invest. This allows bank clients such as corporations and insurance companies to also benefit from the advantages of secured funding.

Both the trading and clearing architecture, and the state-of-the-art securities management functionality, are tailor-made for the needs of this client group. More

Select Finance

The Select Finance trading permission provides buy side clients such as regulated financial service companies, insurance and reinsurance undertakings, pension funds or investment funds access to the GC Pooling and Repo market. More

EEX group

EEX Group provides access to liquid and transparent markets. The derivatives market are used to hedge against price risks up to six years in advance.

Contract details

EEX provides downloads of its contract details which include a detailed description on the power, natural gas, emission, agricultural products, freight and iron ore products.

REMIT transaction reporting

EEX Group supports its participants to report their transaction data according to Article 8 of REMIT. This service enables all trading participants to delegate their reporting obligations of transaction data to the exchange. More

Connectivity

EEX Group provides multiple connectivity options to access its markets, the so-called “front-ends”. Each access type is designed for simplicity and compatibility with the Trayport systems or in-house solutions. More

Nodal Exchange

Nodal Exchange offers “Nodal LiveTrade” and “Nodal BlockTrade” for trading. In addition Nodal Exchange introduced the T7® trading system in 2018. More

Foreign exchange (FX) market – trading models and services

360T services are designed with customers in mind

360T® is far more than an award-winning multi-bank, multi-asset trading platform for OTC financial instruments. The company offers a full range of streamlined services across the entire trading workflow of FX and short term money market products, adding real value to clients.

TEX® multidealer trading system

Focused on relationship-based trading, the TEX® multi-bank portal offers the most liquidity in OTC financial instruments. The platform allows execution in all major product instruments in FX. More

I-TEX intra-group trading/white label solution

I-TEX intra-group trading system enables an organisation to run a fully-fledged trading solution for a closed user group. If requested also on a re-branded/white label basis. It supports manual and automated pricing of request for streaming, instantly executable streaming prices and several limit order types. More

360TGTX: A New Generation of Anonymous Trading

360TGTX is a fully managed anonymous trading venue with a customised liquidity pool for every client, multiple credit hubs and maximum flexibility. A 24-hour team focuses on minimising market impact whilst maximising appropriate liquidity. More

EMS Execution Management System

360T´s Execution Management System (EMS) gives asset managers and corporate treasurers a platform designed specifically for them and by them. More

Market maker cockpit

As a liquidity provider, you need to be in control of your pricing, your internalisation levels, your management of risk and, most importantly, of your profitability. You want to be able to define your price based on customer relationships and current risk positions at different market conditions and all this on a currency pair level. As core part of the Auto Dealing Suite – 360T’s central Sales Management Tool for price distribution to clients – 360T operates an advanced, dynamic pricing engine solution for you to manage and control your individual needs. More

Cash market

Price determination on Xetra and Börse Frankfurt takes place according to clearly defined and transparent rules. Trading participants benefit from maximum liquidity and fair prices.

Derivatives market

Deutsche Börse Group’s derivatives markets offer different market models, tailored to the needs of the particular markets.

Foreign exchange (FX)

360T®, Deutsche Börse’s FX powerhouse, offers a full range of streamlined services across the entire trading workflow of FX and short term money market products, adding real value to clients.