Key Benefits
- Access to KOSPI after-hours market
The KRX KOSPI Options are one of the most liquid derivatives in the world. Eurex KOSPI products provide market participants with more trading and hedging opportunities of the Korean index during the core European and US time zones
- Attractive and liquid market
More than 254 million Eurex KOSPI Options contracts traded since inception and a 145% increase in Mini-KOSPI 200 Futures trading volume (Q1 vs. Q2 2020)
- Fully fungible products
Eurex KOSPI products are fully fungible with the corresponding contracts at KRX
- Exchange-traded benefits
Important exchange-based trading, clearing and risk management functionalities help to
reduce counterparty risks and increase margin efficiencies
Trading phases
Contract Specifications
Daily Futures on Mini-KOSPI Futures
Click on the Eurex product code to view further contract details, such as price charts and trading parameters.
Min. Price Change | Product Code | Trading Hours | Contract multiplier | |
Points | Value | |||
0.02 | KRW 1,000 | 10:00 - 21:00 CET | One Mini-KOSPI 200 | |
* during the daylight savings time in Europe
Daily Futures on KOSPI Options
Click on the Eurex product code to view further contract details, such as price charts and trading parameters.
Min. Price Change | Product Code | Trading Hours | Contract multiplier | |
Points | Value | |||
0.05 points when the price is quoted at
| KRW 12,500
KRW 2,500 | OKS2 | 10:00 - 21:00 CET
| One KOSPI 200 Option
|
* during the daylight savings time in Europe
How to access the Eurex/KRX link
- Listing of the Eurex KOSPI Products
- Eurex members: must have a business relationship with at least one KRX member to facilitate the delivery of the Eurex KOSPI Products
- KRX members: open an account with at least one Eurex member to facilitate outbound orders from Korea to trade the Eurex KOSPI Products
- Eurex members trade the product at Eurex by indicating the KRX member and the ID account number of the final beneficiary into the respective dedicated field along with the order. KRX members trade the Eurex KOSPI Products through Eurex members
- Margining: Intra-day margin in one of the Eurex clearing currencies (EUR/CHF/USD/GBP)
- Clearing: Payment/Receipt of variation margin in KRW at a Korean settlement bank by KST 15:00 (CET 07:00 or 08:00*)
- Settlement information transfer on a final beneficiary basis from Eurex Clearing to KRX
- Settlement information transfer from KRX to the respective KRX members
- Margin check & entry of the settlement information into the KRX system through KRX‘s OTC Block Trading Functionality
- Confirmation of settlement information entry which results in KOSPI 200 Options / Mini-KOSPI 200 Futures positions in the KRX market
