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04 Oct 2018

Eurex

Money Market Derivatives: Introduction of Three-Month SARON® Futures

The Management Board of Eurex Deutschland took the following decision effective 29 October 2018:

  • Introduction of Three-Month SARON® Futures

With the introduction of the Three-Month SARON® Futures, Eurex will offer a standardised, centrally cleared and cash settled exchange derivative for trading and clearing in the Swiss short-term interest rate market.

This circular contains all information on the introduction of the new product and the updated sections of the relevant Rules and Regulations of Eurex Deutschland.

Information on clearing of the new product as well as the updated sections of the relevant Rules and Regulations of Eurex Clearing AG are contained in Eurex Clearing circular 083/18, which we are providing to our Trading Participants as Attachment 2.

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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