Eurex
As part of its Market Structure Roadmap, Eurex Exchange plans to extend the product range offered on its electronic request-for-quote (RFQ) service called Eurex EnLight, which will be accompanied by further measures related to fees, Liquidity Provider rebates and Minimum Block Trade Sizes. This step in the implementation of the Market Structure Roadmap aims to further strengthen the role of Eurex Exchange as venue of choice for efficient price discovery and best execution.
Eurex EnLight product extension
On 2 May 2019, the Eurex EnLight product scope shall be extended to cover all Equity and Equity Index Options and corresponding Futures available at Eurex besides the already listed Fixed Income Options, Swiss Equity and Equity Index Options.
Access to Eurex EnLight
In order to provide Trading Participants an easy access to Eurex EnLight, a minimal set-up process has been defined. No separate agreements are needed and all Eurex Trading Participants can use the service. Eurex EnLight can be accessed through the Eurex T7 GUI or via the T7 Enhanced Trading Interface (ETI). To receive further support on how to access and use Eurex EnLight, please contact your Key Account Manager Trading.
Accompanying measures
The following measures shall come into effect on 2 May 2019:
As of 1 January 2020, Eurex Exchange plans to introduce a differentiation of standard fee levels for A-Accounts across execution mechanisms in Equity Options, Equity Index Options and Interest Rate Options.
The implementation of the described measures is subject to the approval of changes to the Conditions for Trading at Eurex Deutschland by the Exchange Council and the relevant Authorities. With these changes, Eurex EnLight trades will be classified as exchange traded derivatives negotiated Off-Book.
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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