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Derivatives market

Derivatives market productsTrade the benchmarks and hedge the future


The segment of an exchange in which derivatives, and in particular futures and options, are traded.

Derivatives can be used to mitigate market and price risk, known as “hedging”. It improves planning certainty not only for companies but for all market participants and by doing so boosts macroeconomic growth. 

Deutsche Börse’s Eurex is the marketplace of choice for the derivatives community worldwide. It offers a broad range of international benchmark products and operates the most liquid fixed-income markets in the world.

Commodity prices are often highly volatile, but such price swings can be hedged using derivatives. 

Deutsche Börse’s EEX Group provides its participants with a market platform for energy and commodity products in more than 30 countries worldwide. The offer comprises energy, environmental, freight, metal and agricultural contracts.
 

Eurex

Interest rate derivatives

Financial instruments with a value that increases and decreases based on movements in interest rates, often used as a hedge to protect against changes in market interest rates. They make up one of the largest markets in the world. The majority of all listed and centrally cleared euro interest rate derivatives are traded on Eurex.

Equity derivatives

A derivative instrument with underlying assets based on equity securities. Its value fluctuates with changes in its underlying asset's equity, usually measured by share price. Eurex offers a wide range of futures and options on individual equities.

Equity index derivatives

A derivative instrument with underlying assets based on an index. Its value fluctuates with changes in its underlying asset's equity, usually measured by the index level. Eurex is the #1 derivatives exchange in Europe, providing investors access to the widest spectrum of equity index derivatives.

Volatility derivatives

Volatility indices are therefore a measure of expected stock market volatility, over a specified time period, conveyed by the prices of stock/index options. Eurex offers derivatives on the VSTOXX® to take a view on the implied volatility, whereas Eurex Variance Futures (EVAR) represent a very clean way to express views on the realized movement.

ETF & ETC derivatives

The ETF market has grown substantially over the last years. Therefore, Eurex established the broadest choice in ETF derivatives to give investors pinpoint hedging opportunities. The commodities (ETC) offering covers underlyings such as precious metals and energy.

Cryptocurrency derivatives

Trading cryptocurrencies is becoming increasingly popular among institutional and retail investors. With the euro-denominated Bitcoin ETN Futures, Eurex enables participants to trade Bitcoin performance like any other Eurex product without needing additional operational steps.

FX derivatives

Skyscraper

Eurex’s FX futures and options combine best-practice OTC market conventions with the transparency of exchange-traded derivatives. Eurex enables trading of FX derivatives and more than 2,000 products across nine asset classes on one single platform.

Repo market

Eurex Repo is a leading provider for international financing in the secured money market business (repo and securities lending). A wide range of international fixed income securities and equities can be traded in, for example, EUR, USD and CHF within the General Collateral (GC) and Special Repo segments.

Dividend derivatives

An instrument that provides the possibility to trade the separated dividend stream on a standalone basis. Eurex has been a pioneer in exchange-traded dividends since 2008 and has continually expanded its product portfolio. At first with index-based contracts and since 2010 with contracts on single stocks. It now offers dividend futures on over 80 of the largest Eurozone and pan-European companies.

Commodity derivatives

A strong argument for investing in commodities is the low or even negative correlation to asset classes, such as equities and bonds, which makes them an interesting and attractive addition to a portfolio. They also help clients to capitalise even better on cyclical trends.

European Energy Exchange (EEX)

Power commodity derivatives

© Copyright: European Energy Exchange AG

On the EEX derivatives market, trading participants can hedge against future price change risks up to ten years in advance. EEX offers products for long-term power trading in 20 European market regions and launched a clearing product for the Japanese power derivatives market in 2020. For the US power derivatives market, EEX subsidiary Nodal Exchange offers trading in more than 1,000 contracts at hundreds of locations.

Natural gas commodity derivatives

© Copyright: European Energy Exchange AG

EEX offers natural gas contracts in 10 countries and 12 hubs across Europe. The product range covers spot, futures and options contracts for the major European gas hubs as well as trading in location spread products between these market areas. In the US, Nodal Exchange offers a Henry Hub natural gas contract.

Global Commodities EEX

© Copyright: European Energy Exchange AG

EEX Group has been active in the  Global Commodities segment since 2016, enabling customers to trade and clear a broad portfolio of globally traded products via EEX and its subsidiary in Singapore, EXX Asia.

Environmental markets commodity derivatives

© Copyright: European Energy Exchange AG

EEX is the leading European energy exchange offering primary and secondary markets for emission allowances under the EU Emissions Trading Scheme (ETS). In addition, Nodal Exchange offers trading in a wide range of environmental products in North America (emission allowances and renewable certificates).

Agricultural products commodity derivatives

© Copyright: European Energy Exchange AG

The agricultural sector offering comprises financially settled futures contracts on dairy products (futures on butter, skimmed milk powder, whey powder and liquid milk) and processing potatoes.