DEFINITION of 'EUREX'
The largest futures and options market in the world, dealing primarily with European-based derivatives. The products that trade on this exchange range from German and Swiss debt instruments to European stocks and STOXX indexes. Along with facilitating trade, EUREX also provides settlement of the contracts.
BREAKING DOWN 'EUREX'
EUREX is run by Deutsche Börse AG and SWX Group to facilitate the trading of European derivatives. Its fully electronic network is considered one of the best and most innovative fully electronic markets in the world.