01 Nov 2022

Eurex

Equity Index Derivatives: Tradability of Eurex Daily Futures on KOSPI 200 Futures and Mini-Futures for Participants in the U.S.

Eurex Circular 101/22 Equity Index Derivatives: Tradability of Eurex Daily Futures on KOSPI 200 Futures and Mini-Futures for Participants in the U.S.

1.    Introduction

As of 14 November 2022, Eurex Trading Participants and investors domiciled in the U.S. will have the following additional products available for trading:

Product name

Product
ID

Currency


Previous
Capacity Group

New
Capacity Group

Eurex Daily Futures on KOSPI 200 Futures

FBK2

KRW

Cash KRW

Cash KRW - CFTC

Eurex Daily Futures on Mini-KOSPI 200 Futures

FMK2

KRW

Cash KRW

Cash KRW - CFTC

Production start: 14 November 2022

2.    Required action

There is no action required for participation in trading in these products.

3.    Details

Eurex Deutschland submitted a written request to the Division of Market Oversight of the Commodity Futures Trading Commission (CFTC) to offer Daily Futures on KOSPI 200 Futures and Daily Futures on Mini-KOSPI 200 Futures in the U.S., and the CFTC has notified Eurex Deutschland that these contracts may be made available for trading in the U.S.

Pursuant to Eurex Deutschland’s registration with the CFTC as a foreign board of trade, the Daily Futures on KOSPI 200 Futures and Daily Futures on Mini-KOSPI 200 Futures can be offered to U.S. persons via Eurex terminals with direct access in the U.S. or sold to these persons.

The multicast addresses for data distribution remain unchanged. However, the following changes have been made for the port numbers:

  • Snapshot messages: Port change from 59032 to 59000
  • Incremental messages: Port change from 59033 to 59001

The corresponding new "capacity group" for the products is "Cash KRW - CFTC" (previously: "Cash KRW").

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:

client.services@eurex.com or Rachna Mathur, rachna.mathur@eurex.com, Equity and Index Sales America, tel. +1 212 309 93 08

Web:

www.eurex.com

Authorized by:

Randolf Roth


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