Eurex
1. Introduction
The Management Board of Eurex Deutschland took the following decisions with effect from 18 October 2021:
Production start: 18 October 2021
This circular contains all information on the introduction of the new products and the updated sections of the relevant Rules and Regulations of Eurex Deutschland.
2. Required action
There is no action required for participation.
3. Details of the initiative
A. Product overview
Please refer to Attachment 1 for an overview of the new products.
B. Contract specifications
Attachment 1 contains an overview in table format.
For the detailed Contract Specifications please see Attachment 2.
The full version of the updated Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland will be published on the Eurex website www.eurex.com as of start of trading under:
Rules & Regs > Eurex Rules and Regulations > Contract Specifications
C. Trading hours
Please refer to Attachment 1 for the trading hours.
D. Trading calendar
Options on STOXX Indices will be available for trading on every exchange trading day at Eurex Deutschland. As of start of trading, the trading days can be retrieved from the trading calendar on the Eurex website under the following link:
E. Product group
The product group for the new products is contained in Attachment 1.
F. Liquidity Provider Scheme
As of 18 October 2021, a Liquidity Provider (LP) Scheme “Equity Index 64 – Product Specific Supplement for Weekly Options and for Options with Month-End-Expiries on EURO STOXX 50® ESG Index“ will be introduced for the new products.
Please refer to the PSS document in Attachment 3 for the quote parameters and all further information.
G. Excessive System Usage Fee and Order to Trade Ratio
The Excessive System Usage Fee and the Order to Trade Ratio for the new products are determined in line with the existing equity index derivatives. For detailed information, please refer to the Eurex website under the following links:
Rules & Regs > Excessive System Usage Fee or
Rules & Regs > Order to Trade Ratio
H. Mistrade parameters and vendor codes
Mistrade ranges and vendor codes for the new index options will be published as of start of trading on the Eurex website under the link:
Markets > Equity Index > ESG Derivatives
I. Transaction fees and rebates
For the new STOXX derivatives the same transaction fees will apply as for the corresponding existing products. For details, please refer to the Price List of Eurex Clearing AG available for download on the Eurex website under this link:
Rules & Regs > Eurex Rules & Regulations > Price List
J. Admission to the Eurex T7 Entry Services (TES)
An overview of the Eurex T7 Entry Services available for the products as well as detailed information on single product basis with regard to availability, possibility of utilization and minimum entry size for the various Eurex T7 Entry Services is available on the Eurex website under the link:
Trade > Eurex T7 Entry Services
The new derivatives on STOXX indices will be admitted to the TES with the parameters listed in Attachment 1.
K. Risk parameters
As of start of trading, risk parameters of the new products will be published on the Eurex website under the link:
Data > Clearing files > Risk parameters and initial margins
and on the Eurex Clearing website www.eurex.com/ec-en/ under the following link:
Under this link, an updated list is available with details regarding Prisma-eligible Eurex products.
Attachments:
Further information
Recipients: | All Trading Participants of Eurex Deutschland and Vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Contact: | Achim Karle, Equity & Index Sales, tel. +49 69 2 11-1 87 57, achim.karle@eurex.com; | |
Web: | www.eurex.com | |
Authorized by: | Randolf Roth |
Market Status ⓘ
XEUR
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