DAX Options Settlement Price: ODAX vs ODAP
How the DAX options settlement price is fixed: the 13:00 CET Xetra auction for ODAX, the 17:30 close for ODAP, and why the chart price does not decide.
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How the DAX options settlement price is fixed: the 13:00 CET Xetra auction for ODAX, the 17:30 close for ODAP, and why the chart price does not decide.
DAX futures trade on Eurex in three sizes. Compare FDAX, FDXM and FDXS on index point multiplier, tick value in euros, notional and cash settlement.
Eurex option codes explained: ODAX and ODAP on the DAX, OESX and OEXP on the EURO STOXX 50, with the contract value and settlement style for each line.
What EURO STOXX 50 daily options (OEXP) are: EUR 10 per point, cash settled on the 17:30 CET close, ten daily expiries, and where that lands in US hours.