Eurex
1. Introduction
The Executive Board of Eurex Frankfurt AG took the following decision with effect from 1 March 2023:
Production start: 1 March 2023
2. Required action
Liquidity Providers in OESX should adapt their quotation behavior accordingly.
3. Details of the initiative
To strengthen the order book price discovery for Options Volatility Strategies (OVS) in EURO STOXX 50® Index Options (OESX), Strategy Building Block liquidity provisioning requirements will be enhanced by introducing response requirements on additional strategies, pursuant to the Attachment.
Furthermore, the Strategy Building Block coverage requirement in EURO STOXX 50® Index Options (OESX) will be reduced from 50 percent to 33 percent in the main product.
For the avoidance of doubt, Weekly Options and Options with Month-End-Expiries on EURO STOXX® 50 Index Options are
but are envisaged to follow in the near future.
Attachment:
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, eurex.pricing@eurex.com | |
Web: | ||
Authorized by: | Randolf Roth |
Market Status ⓘ
XEUR
The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.
Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message.
We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.
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