Monday February 9 2026
News Source: Global Exchanges
Focus: Derivative Market Segment
Type: General
Country: Germany
On 26th January 2026, Eurex introduced Systematic QIS Index Futures. Systematic QIS index futures are listed derivatives based on eligible QIS indices, typically designed by a bank or buy-side firm. The QIS futures are very similar to “plain vanilla” index futures from a product construct perspective and are designed to be easily scalable.
The new products will benefit from the traditional synergies of other listed offerings, in particular the distribution platform for buy-side clients who do not trade swaps or prefer trading listed products, as well as price transparency and portfolio margin offsets.
The new QIS offering will complement Eurex’s existing index futures ecosystem by addressing demand for greater customization among sophisticated investors. The target audience includes hedge funds and institutional investors. In particular, institutional investors require execution and product transparency and often face constraints on the instruments they can trade.
QIS indices, which underpin OTC swaps and now Eurex futures, are customized, rule-based indices. A key challenge is ensuring robust risk management so that Eurex Clearing can accurately capture risk parameters from index histories or backtests. High turnover or frequent rebalancing can distort results.
The introduction of QIS futures is indeed the first step toward providing a clearing/listed product for a very large underlying market. Its development will enable end clients to access investment strategies more easily and help investment banks distribute them through a simple wrapper, while reducing their costs.
This aligns with futurization efforts, which have primarily focused on dealer-to-dealer products to date.
Click on the above link for further information
