Eurex Trader Exam Questions & Answers PDF

Eurex® trader exam Version 5.2 Questions and answers December 2023...

Eurex® trader exam Version 5.2 Questions and answers December 2023 Page 2 All proprietary rights and interest in this publication shall be vested in Deutsche Boerse AG and all other rights including, put without limitation, patent, registered design, copyright, trademark, service mark, connected with this publication shall also be vested in Deutsche Börse AG Whilst all reasonable care has been taken to ensure that the details contained in this publication are accurate and not misleading at the time of publication, no liability is accepted by Deutsche Börse AG for the use of information contained herein in any circumstances connected with actual on- or off- exchange trading or otherwise. Neither Deutsche Börse AG, nor its employees nor agents, is responsible for any errors or omissions contained in this publication which is published for information only and shall not constitute investment advice. This brochure is not intended for solicitation purposes but only for the use of general information. All descriptions, examples and calculations contained in this publication are for guidance purposes only and should not be treated as definitive. Deutsche Börse AG reserves the right to alter any of its rules and regulations or product specifications, and such an event may affect the validity of information in this publication. Only Eurex derivatives that are approved by the CFTC may be traded via direct access in the United States of America or by U.S. persons. Eurex® and T7® are registered trademarks of Deutsche Börse AG. The names of other companies and third-party products may be the trademarks or service marks of their respective owners. Eurex® trader exam Version 5.2 Questions and answers December 2023 Page 3 Organizational details Structure of the examination...................................................................................... 4 Information material.................................................................................................... 5 Exam 1 Rules and Regulations......................................................................................... 6 1.1 Exchange Rules............................................................................................ 6 1.2 Trading Conditions...................................................................................... 14 2 Functionality of trading....................................................................................... 19 2.1 Trading process.......................................................................................... 19 2.2 Orders......................................................................................................... 25 2.3 Protection mechanisms/Market Making...................................................... 30 2.4 Matching/Eurex Improve............................................................................. 33 Eurex® trader exam Version 5.2 Questions and answers December 2023 Page 5 Information material You will find information on the exam topics on https://www.eurex.com/ex-en/. Questions in chapter 1 (rules and regulations) are based on the rules and regulations for Eurex Deutschland. Exam questions refer to the Exchange Rules and the Trading Conditions. Information on chapter 2 (functionality of trading) can be found in the Functional Reference. Furthermore, the following Eurex circulars are relevant for the exam:  40/2017 MiFID II Participant reference data  102/2017 Market Making  114/2019 Eurex Improve  25/2020 Mandatory PIN procedure for Trading on Behalf  27/2021 Next Generation ETD contracts The board of management of the exchange informs trading participants about any changes and innovations by circulars (https://www.eurex.com/ex-en/find/circulars). Exam Simulation An exam simulation is available. This allows you to simulate a real exam and test your learning level. Please got to Exam simulation