Quotes cannot be cancelled during the Pre-Trading Period.
Increasing the size of an order existing within the order book will not result in any change of its time priority within the order book.
Prior to entering a cross or prearranged trade into the Eurex Exchange's system, it is always necessary to enter a cross request.
According to the relevant regulations, exchange participants may have their proprietary orders in futures contracts executed against those of their customers.
Applications for cancellation of trades must be immediately reported to Eurex.
Where the reference price for the purpose of judging mistrades in options cannot be determined on the basis of market prices, Eurex is authorized to calculate a "fair" price, using an option pricing model, and to apply such price as an alternative reference price.
Which is (are) the objective(s) of the Pre-Trading Period?
Opportunity for the last reaction to the market situation during the day
Delay in the start of exchange trading
Opportunity for participants to delete orders and quotes
Opportunity for an order entry at the opening price
Which price is being initially displayed during the opening auction in case of a crossed orderbook?
Official opening price
Previous day closing price
Preliminary opening price
No prices are displayed in the opening auction
Which components does a standard volatility strategy in the Eurex system consist of?
It consists of a number of instruments and corresponding leg-ratios determined by the Board of Management
Simultaneous purchase and/or sale of option contracts of different option series
Purchase of option contracts and sale of respective futures contracts
Sale of option contracts and purchase of respective futures contracts
Which specification(s) must be present for an accepted combination order (futures calendar spread) for futures contracts at the Eurex exchanges?
Absolute price limits for the two component orders
Price indication for the spread
Validity specification
No such specifications are necessary
Which are the components of combination orders at the Eurex Exchanges for Futures?
Two individual orders to be executed simultaneously
Purchase and sale of an identical number of different futures contracts
An exchange participant wishes to enter two limit orders that could be executed against each other into the Eurex system. Which procedure must this exchange participant follow?
Immediate entry of the second order into the system
Immediate quote request for the second order
Entry of a cross request and thereafter entry of both orders within a certain time period
Immediate notification of the Exchange regarding the details of the second order
How are Futures combination orders and/or combination quotes which have not been executed, or non-executed portions of such orders, treated within the Eurex system?
Deletion of quotes at the end of the exchange trading day
Orders valid beyond the current exchange trading day remain in the order book
Transfer into the Trade Entry Service - order book
Transfer of combination orders or quotes into the general order book
What is the term for the type of order where -in case of a complete, cohesive execution- either the limit or the stop market order is executed?
Immediate-or-cancel (IOC) order
Stop-loss order
One-cancels-the-other (OCO) Order
Iceberg order
What is the term for a trade where the buy- and the sell order executed against each other were entered by the same exchange participant?
Proprietary trading
Cross Trade
Changeover
Combination Trade
