Multilateral Trade Registration Enhancements

In order to meet demand from brokers, Eurex will implement several functional improvements to the Multilateral Trade Registration (MTR) facility.

Now, brokers can use the MTR facility for a broader range of products. For OTC block trades, the Multilateral Trade Registration facility will be enhanced to also include options strategies, options volatility strategies, EFPI, EFP and EFS trades.

In addition, the facility has also been expanded by lifting the previous restriction of 1:n trades. From Eurex Release 12.0 onwards, the entry of multiple buyers and multiple sellers in one transaction is allowed, whereas the total number of buyers and sellers must be less than or equal to 50.

Finally, compared to Eurex Release 11.0, in Eurex Release 12.0, the broker must enter the subgroup of the parties that will approve the OTC transaction(s). These subgroups will be informed automatically via a broadcast message of the pending OTC transaction that requires their approval.