A member of
Introduction
The IBOR reform is the biggest change in the capital markets since the introduction of the Euro two decades ago. For the past decade, the global regulatory community has driven a reform of the interbank offered rates (IBORs) in order to renew confidence in these critical benchmarks.
In the Eurozone, the Euro Interbank Offered Rate (Euribor) and the Euro Overnight Index Average (EONIA) are considered critical benchmarks. In September 2018, the ECB’s Euro Risk-Free Rate Working Group recommended that the Euro Short Term Rate (€STR) shall replace EONIA, while also providing the basis for developing fallbacks for contracts referencing Euribor.
While €STR will not be released by the ECB until October 2, 2019, preparation for the transition from EONIA to ESTER €STR are well underway, including publication of a pre-€STR rate. Read more on the future development plans from a market infrastructure provider and leading derivatives exchange’s perspective.
"Eurex Group is committed to help the market to transition to new risk-free reference rates."
Contacts
Sales Philip Simons T +44 207 8 62 72 39 philip.simons@deutsche-boerse.com | Sales Megan Morgan T +1 312 5 44 10 83 | Marketing Christophe Rilinger T +49 69 2 11-1 20 53 |
Market Status
XEUR
The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.
We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.
An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.