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Additional Incentives for High Volume Traders

Rebates

Eurex member may benefit from the following volume rebates, depending on their monthly proprietary trading volumes:

Futures

 Order Book Volume
Product GroupLevel 1Level 2Level 3
Rebate10%20%30%
Equity Index Futures200.001300.001400.001
Interest Rate Futures300.001600.0011.200.001

Options

 Order Book & Wholesale Volume
Product/Product GroupLevel 1Level 2Level 3Level 4Level 5
Rebate20%30%40%60%80%
Equity Derivatives
Equity Options80.001160.001320.0011.000.0012.000.001
Equity Index Derivatives
EURO STOXX 50® Index Options (incl. Weekly Options)80.001160.001320.0011.000.0012.000.001
DAX® Options
(incl. Weekly Options)		40.00180.001160.001500.0011.000.001
SMI® Options4.0018.00116.00150.001100.001
Other Equity Index Options (aggregated)10.00120.00130.00150.00170.001
Interest Rate Derivatives
Options on Three-Month EURIBOR Futures, One-Year Mid Curve Options on Three-Month EURIBOR Futures15.00130.00160.001120.001240.001
Options on Euro-Bund Futures, Options on Euro-Bobl Futures, Options on Euro-Schatz Futures90.001180.001280.001480.001760.001

For futures, the thresholds in the table above refer to aggregated proprietary trading volume per product group executed in the order book. For options, proprietary order book and OTC volume is considered for the calculation of volume rebates. The different rebates will be applied to the corresponding contract volumes within each level (i.e. the volume exceeding the per level defined threshold up to the threshold of the next level).

For a consolidated form of the application principles for volume rebates together with the processes in case of non-compliance, please see section 3.2.2 of the Price List of Eurex Clearing AG.

Furthermore, Eurex offers extensive Market-Making programs for all option products. These Market-Making programs allow Market Makers to benefit from up to 90% reduction in transaction fees. Market making volumes are however excluded from the volume rebates on proprietary trading volumes.

All clearing fees are charged on the basis of the Clearing Conditions and the Conditions for Utilization of the OTC Trade Entry Facilities. Please see the Eurex Clearing AG Price List for the complete list of Eurex Clearing Fees & Prices.