Service Navigation

Amendments to the General Terms and Conditions to the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement)

Release date: 31 Oct 2019 | Eurex Exchange

102/2019 Amendments to the General Terms and Conditions to the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement)

Eurex Circular 102/19 Amendments to the General Terms and Conditions to the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement)

1. Introduction

The Executive Board of Eurex Frankfurt AG decided the following:

a. Clarification of the “General Terms and Conditions to the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement) regarding the 1 July 2013 class no-action relief (the “Class No-Action Relief”) issued by the U.S. Securities and Exchange Commission (see attachment, § 2 Section 11).

b. Further amendments to the connection agreement have been made (see attachment, § 1 and § 4) due to the merging of the Price List to the Connection Agreement and the Price List to the Provider Connection Agreement (please see Eurex Circular 090/19). Amendments in the context of a revocation regarding the receipt of advertisements have also been made by inserting of a new e-mail address (see attachment, § 12).

The amendments will come into effect on 16 December 2019.


2. Required actions

The attached amendments are deemed to have been approved if the Trading Participant does not lodge objections with Eurex Frankfurt AG within six (6) weeks of notification of the amendments.

3. Details of the initiative

Eurex Frankfurt AG is adding clarifying language to the Connection Agreement regarding the Class No-Action Relief. The Class No-Action Relief, which Eurex Deutschland co-joined on 1 December 2015, allows employees of Eurex Frankfurt AG and Deutsche Börse AG as well as Eurex Trading Participants to familiarise Eligible Broker-Dealers or Eligible Institutions (as defined in the Class No-Action Relief) with a broad array of Eurex options contracts. A complete list of Eligible Options is available on the Eurex website www.eurexchange.com under the following path:
 

Eurex Frankfurt AG is adding a clarifying Section 11 in § 2 (Connection Agreement) to provide that Eurex Trading Participants, which wish to take advantage of the Class No-Action Relief to familarise Eligible Broker-Dealers or Eligible Institutions with Eligible Options, must comply with the terms and conditions set forth in the Class No-Action Relief, including obtaining and maintaining a record of the representations set forth in the Class No-Action Relief.

Attachments:

  1. Updated Sections of the General Terms and Conditions to the Agreement on the technical connection and the utilization of the Exchange-EDP of Eurex Deutschland (Connection Agreement)

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target group(s):

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Contact:

info.USA@eurexchange.com

Authorized by:

Michael Peters



 

Market Status

XEUR

-

-

Parts of the trading system are currently experiencing technical issues

The trading system is currently experiencing technical issues

Production newsboard

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.

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.