Eurex Clearing
1. Introduction
Eurex Clearing AG and Eurex Frankfurt AG (together “Eurex”) introduced the scheme “Flow Incentive Model” as of 1 January 2024, announced with Eurex Clearing Circular 001/24.
The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG decided to amend the Terms of the Eurex Flow Incentive Model with effect from 15 April 2024 and to extend the registration deadline until 15 April 2024.
2. Required action
Trading Participants of Eurex Deutschland (“Trading Participants”), who are interested to participate and receive further information on this Model, should contact Eurex via e-mail to rachna.mathur@eurex.com or eurex.pricing@eurex.com.
After indicating their interest to participate in the Program, Eurex will provide interested Trading Participants with the respective Registration Form and Terms of the Model.
Interested Trading Participants must send the Registration Form to client.services@eurex.com by 15 April 2024 at the latest to register for the Program.
Trading Participants whose Registration Forms are received by 15 April 2024 will be included in the Model with retroactive effect from 1 January 2024.
3. Details of the initiative
The Eurex Flow Incentive Model is an incentivization scheme for selected Equity Index Futures (MSCI, Sector, Dividend and Total Return Futures) targeting Trading Participants who make a significant contribution to the further growth in these product segments.
To receive additional rebates on their net fees accumulated in these segments, Trading Participants need to fulfil certain requirements which are defined in the Terms of the Model.
For participation, a registration to this Model is required.
Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.
Further information
Recipients: | All Clearing Members, all FCM Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Contact: | Only for submitting the Registration Form: client.services@eurex.com For all other purposes, such as Marketing/Sales Initiative planning or questions on the Flow Incentive Model: Rachna Mathur, rachna.mathur@eurex.com OR Market Development & Pricing, eurex.pricing@eurex.com | |
Web: | ||
Authorized by: | Matthias Graulich |
