The European Consolidation Board on Futures and the International

Derivatives Exchange

The European Consolidation Board for Foreign Industry: Financial Services

● This presentation is for information purposes only and does not constitute investment advice nor an offer, solicitation or recommendation to acquire or dispose of any

investment or to engage in any other transaction. This presentation is not intended for solicitation purposes but only for use as general information. All descriptions,

examples and calculations contained in this publication are for illustrative purposes only.

Risk Statement

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Eurex – The International Derivatives Exchange | Risk Statement

Tradable Eurex Products from the U.S.

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Please find the current products available for trade in the U.S. and the current trading hours on our website: www.eurexchange.com:

Trading > Products > Eurex Derivatives in the U.S.

Trading > Trading Calendar > Trading Hours

Fixed Income Derivatives

Fixed Income FuturesEuro-Schatz, Euro-Bobl, Euro-Bund and Euro-Buxl® FuturesCONF Futures (CONF), Euro-BTP Futures

Options on Fixed Income FuturesOptions on Euro-Schatz, Euro-Bobl and Euro-Bund Futures

Commodity DerivativesCO2 DerivativesEUA Futures (F2PE), CER Futures (FCER), Options on EUA Futures (O2PE)Agriculture DerivativesEuropean Processing Potato Futures (FEPP), London Potato Futures (FLPI), Piglet Futures (FPIG), Hog Futures (FHOG)Precious Metal DerivativesGold Futures (FGFX), Gold Options (OGFX)Silver Futures (FSFX), Silver Options (OSFX)

Inflation DerivativesEuro-Inflation Futures (HICP)

Equity Index Derivatives

Benchmark Equity Index FuturesDAX® Index, MDAX® Index, TecDAX® Index, Dow Jones EURO STOXX 50® Index, Dow Jones STOXX 50® Index, SLI Swiss Leader Index® and RDxxt® USD - RDX Extended Index Futures

Sector Index FuturesDow Jones STOXX® Large 200 Index, Dow Jones STOXX® Mid 200 Index, Dow Jones STOXX® Small 200 Index, Dow Jones EURO STOXX® Banks Index, Dow Jones STOXX® 600 Banks Index, Dow Jones STOXX® 600 Industrial Goods & Services Index, Dow Jones STOXX® 600 Insurance Index, Dow Jones STOXX® 600 Media Index, Dow Jones STOXX® 600 Personal & Household Goods Index, Dow Jones STOXX® 600 Travel & Leisure Index, Dow Jones STOXX® 600 Utilities Index, Dow Jones EURO STOXX® Select Dividend 30 Index, Dow Jones STOXX® 600 Index, Dow Jones Global Titans 50 SM Index, SMIM® Index

Money Market Derivatives

Money Market FuturesOne-Month EONIA Futures (FEO1)Three-Month EURIBOR Futures (FEU3)

Options on Money Market FuturesOptions on Three-Month EURIBOR Futures (OEU3)

● Trade during different time zones

– Trading hours: 12:50 AM CST - 3:00 PM CST

– Follow the sun…..Many moves that begin in Asia and Europe carry over

● Diversify

– Exploit new opportunities and product offerings in foreign markets

– Use index futures as an alternative to purchase a basket of stocks – and benefit from the leverage effect

– Lower transaction costs in futures offer advantages versus other investment vehicles such as cash equities or ETFs

– Efficient vehicle to protect index portfolios against market downturns

– Euro-denominated contract

– Liquid, volatile markets are well suited to intraday trading.

● Markets that provide similar profit risk/reward scenarios

– Similar to the most popular products

● Features of Eurex Markets

– Extremely liquid

– Large open interest

– Large depth of market

– Good movement/volatility

Why Trade on Eurex?

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Eurex – The International Derivatives Exchange | Eurex

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Dow Jones EURO STOXX 50® Index Futures Average Daily Volume & Open Interest

Eurex – The International Derivatives Exchange | Product Details

The Average Daily Volume in September 2009 was over 1.5 million contracts, with an open interest of over 2.3 million contracts.

The bid-offer spread is regularly 1 tick wide, and the depth of market regularly several thousand contracts, offering excellent liquidity.

FESX Octobert. 2009 Contract / Inside Market

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

Sep-0

8

Dec-0

8

Mar

-09

Jun-

09

Sep-0

9

Ave

rag

e D

aily

Vo

lum

e

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

4,500,000

Op

en I

nte

rest

Average Daily Volume Open Interest

DJ Euro STOXX 50 Futures

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Contract Specifications

Eurex – The International Derivatives Exchange | Product Details

Dow Jones EURO STOXX 50® Index● A free float capitalization-weighted index of 50 blue-chips from the Euro zone countries

● DJ EURO STOXX 50® is a price return index

● Calculated by STOXX Ltd., created in 1998

Futures Cash Settlement

Dow Jones EURO STOXX 50® Index

Trading hours 7:50AM – 10:00PM CET; 12:50AM – 3:00PM CST

Minimum tick size 1 index point = €10 / $14.59*

Contract size €27,500 / $40,122.50* at 2,750 index level

Contract months The 3 nearest quarterly months of Mar, Jun, Sep, Dec

Expiration The 3rd Friday of the maturity month at 12:00PM CET / 5:00AM CST

Intraday daily settlement 5:30PM CET / 10:30AM CST

*EUR/USD = 1.46

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DAX® Futures Average Daily Volume & Open Interest

Eurex – The International Derivatives Exchange | Product Details

The Average Daily Volume in September 2009 was over 170,000 contracts, with an open interest of over 170,000 contracts.

The bid-offer spread is regularly 1 tick wide, and the depth of market regularly several thousand contracts, offering excellent liquidity.

FDAX October 2009 Contract / Inside Market

0

50,000

100,000

150,000

200,000

250,000

300,000

Sep-0

8

Dec-0

8

Mar

-09

Jun-

09

Sep-0

9

Ave

rag

e D

aily

Vo

lum

e

0

50,000

100,000

150,000

200,000

250,000

300,000

Op

en I

nte

rest

Average Daily Volume Open Interest

DAX Futures

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Contract

– The International Derivatives Exchange | Product Details

DAX® Index● A free float capitalization-weighted index comprising the 30 largest German companies listed at the Frankfurt Stock Exchange (FWB®)

● DAX® is a performance / total return index

● Calculated by Deutsche Börse AG and is based on prices generated in the electronic trading system XETRA

Futures Cash Settlement

DAX® Futures (FDAX)

Trading hours 7:50AM – 10:00PM CET; 12:50AM – 3:00PM CST

Minimum tick size 0.5 index points = €12.50 / $18.25*

Contract size €136,688 / $199,564* at 5,467.50 index level

Contract months The 3 nearest quarterly months of Mar, Jun, Sep, Dec

Expiration The 3rd Friday of the maturity month at 1:00PM CET / 6:00AM CST

Intraday daily settlement 5:30PM CET / 10:30AM CST

360 Day Historical Volatility Monthly Average

0

5

10

15

20

25

30

35

40

45

Sep-08

Oct-08

Nov-08

Dec-08

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

E-mini S&P 500® Futures

DAX® Futures

DJ EURO STOXX 50® Futures

E-mini DJ Index Futures

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A Comparison of Historical Volatility

Eurex – The International Derivatives Exchange | Product Details

Source: Bloomberg

Dow Jones EURO STOXX® and DAX® vs. US Equivalents

Eurex

Products

U.S. Index Futures

S&P 500 E-Mini Future

(ESA)

S&P 500 Future (SPA)

Nasdaq 100 E-mini Future

(NQA)

Nasdaq 100 Future (NDA)

DJIA Mini (DMA)

DJIA Index Future (DJA)

1 DAX® Index Futures (GXA) 3.90 0.76 5.99 1.20 4.23 2.11

1 DJ EURO STOXX 50® (VGA) 0.79 0.16 1.21 0.24 0.85 0.43

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Eurex Products in relation to U.S. Index Futures

Eurex – The International Derivatives Exchange | Product Details

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The International Derivatives Exchange | EMO