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Dividend Derivatives: Introduction of the “Product Specific Supplement” for MSCI Index Dividend Futures and EURO STOXX® Select Dividend 30 Index Dividend Futures

Release date: 18 Dec 2019 | Eurex Exchange

123/2019 Dividend Derivatives: Introduction of the “Product Specific Supplement” for MSCI Index Dividend Futures and EURO STOXX® Select Dividend 30 Index Dividend Futures

Eurex Circular 123/19

1.    Introduction

The Management Board of Eurex Deutschland and the Executive Board of Eurex Frankfurt AG took the following decision with effect from 1January 2020:

  • Introduction of the “Product Specific Supplement” for MSCI Index Dividend Futures and EURO STOXX® Select Dividend 30 Index Dividend Futures (“PSS”)

The attached new quotation requirements will become effective on 1 January 2020 and be valid until 31 December 2020.

The PSS as attached to this circular will be deemed to have been approved by the Liquidity Providers, if the Liquidity Providers do not lodge objections with Eurex Frankfurt AG and Eurex Clearing AG within fifteen (15) business days of publication of this circular. 

2.    Required action

There is no action required for existing Liquidity Providers for participation. New interested Liquidity Providers are invited to participate in the scheme to have the opportunity to benefit from the available incentives by fulfilling the amended quotation requirements.

3.    Details

This circular provides information on the new quotation requirements for MSCI Index Dividend Futures and EURO STOXX® Select Dividend 30 Index Dividend Futures (Eurex product ID: FEFD, FFPD, FWPD and FD3D), effective from 1 January 2020 until 31 December 2020.

Attachments:

  • Product Specific Supplement for Dividend Futures on MSCI Index
  • Product Specific Supplement for Dividend Futures on EURO STOXX® Select Dividend 30 Index

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:Lorena Dishnica, Equity & Index Product Design, T +44-207-862-72 42, lorena.dishnica@eurexchange.com
Web: www.eurexchange.com
Authorized by:Randolf Roth
 

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