Eurex
1. Introduction
The Executive Boards of Eurex Frankfurt and Eurex Clearing decided to amend the Liquidity Provider Program for Options on VSTOXX® Futures and the Product Specific Supplement (hereinafter “PSS”) “Options on Futures on VSTOXX® Index” as of 1 February 2024.
2. Required action
Liquidity Providers should adapt their quotation behavior accordingly.
3. Details of the initiative
In order to foster liquidity in Options on VSTOXX Futures and to improve the price picture in the Eurex order book, the Executive Boards of Eurex Frankfurt and Eurex Clearing changed the requirements and incentives for Liquidity Providers.
The PSS will be amended with effect from 1 February 2024, as shown in the Attachment. The amendments will be deemed to have been approved if Liquidity Provider do not lodge objections with Eurex Frankfurt and Eurex Clearing within two (2) weeks after publication of this circular pursuant to Number 4 (2) of the Liquidity Provider Agreement.
As of 1 February 2024, the PSS will also be available individually in PDF format on the Eurex website www.eurex.com under the following path:
Trade > Market-Making and Liquidity provisioning
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 | |
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.
An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.
