What is the maximum time limit for TES offer conditions to be confirmed by the counterparty after entry?

The maximum time limit for TES (Trade Entry Services) offer conditions to be confirmed by the counterparty after entry is 15 minutes. This timeframe is crucial in ensuring both parties have a clear understanding and agreement on the trade conditions before proceeding. The 15-minute limit allows for timely confirmations while also accommodating the operational flow of trades in a dynamic market environment.

This structure helps maintain efficiency and reduces the risk of discrepancies between parties, supporting a more orderly market. Additionally, it aligns with the standards and protocols set by Eurex to foster reliable and prompt communication during trading activities.

Understanding this timeframe is essential for traders, as it delineates the window within which they should expect confirmation and helps in planning their trading strategies accordingly.