What happens once the price improvement period finishes in a Eurex Improve Matching?

When the price improvement period finishes in a Eurex Improve Matching scenario, the Improve Request is executed in the order book. This process is essential as it allows for price improvement on orders that did not receive a better bid or offer during the price improvement period.

During this period, market participants are given the opportunity to submit better-priced orders which could potentially match with the Improve Request. If no better prices are found by the end of this period, the Improve Request will then be executed at the original price level. This mechanism aids in enhancing trading efficiency and can lead to more favorable execution prices for clients.

This is a critical feature of the Eurex Improve Matching system, as it ensures that orders are handled effectively, allowing traders to benefit from possible price improvements while also maintaining a streamlined process if no improvements are made.