Eurex MDAX

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MDAX is the international mid cap index of Deutsche Börse AG

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MDAX futures
Exchange	Eurex
Settlement	Cash settled
Trade Unit	€5 multiplied by the value of the index
Point Value	€5
Tick Value	€5
Contract Months	Up to 9 months: The three nearest quarterly months of the March, June, September and December cycle.
Last Trading Day	Last Trading Day is the Final Settlement Day, which is the third Friday of each maturity month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the maturing futures on the Last Trading Day is at the Beginning of the Xetra® intraday auction starting at 13:00 CET.
Note: This contract is electronic ONLY -- no open outcry
	No Open Outcry	Electronic
Trading Hours	N/A	7:50 am CET to 22:00 (10:00 pm) CET, except on last trading day, when trading ends at 12:30 pm CET (Eurex operates in three trading phases: pre-trading, trading and post-trading. The post-trading phase is further split in several periods where different functions are available. Pre-trading begins at 7:30 am CET, and post-trading ends at 22:30 (10:30 pm) CET, except on the last trading day, when trading ends at 13:05 (1:05 pm) CET)
Ticker Symbol	N/A	F2MX
Price Limits	N/A	N/A

MDAX options
Trade Unit	€5 multiplied by the value of the index
Point Value	€5 (The Price Quotation is in points with one decimal place. The Minimum Price Change is 0.5 points.)
Tick Value	€0.50 (0.1)
Option Months	Up to 24 months: The three nearest successive calendar months, the three following quarterly months of the March, June, September and December cycle thereafter, and the two following semi-annual months of the June and December cycle thereafter.
Strike Prices	Every 50 index points when a contract has 12 months or less to expiry. Every 100 points for contracts with 13 to 24 months until expiry.
Exercise Style	European-style (An option can only be exercised on the Final Settlement Day of the respective option series until the end of the Post-Trading Full Period (21:00 CET).
Option Expiration Day	Final Settlement Day is the third Friday of each expiration month if this is an exchange day; otherwise the exchange day immediately preceding that day. Close of trading in the expiring option series on the Last Trading Day is at the beginning of the Xetra intraday auction starting at 13:00 CET
	No Open Outcry	Electronic
Trading Hours	N/A	Same as futures
Ticker Symbol	N/A	O2MX
Price Limits	N/A	N/A