1. Futures on Money Market Derivatives: Change in Calculation Method for the Final Settlement Price 2. Options on Money Market Derivatives: Change of Trading Hours on the Last Trading Day
Futures on Money Market Derivatives: Change in Calculation Method for the Final Settlement Price The Executive Board of Eurex Clearing AG took the decision to change the method for calculation of the final settlement price in money market futures with effect from November 26, 2010. In future, for determination of the final settlement prices, the EONIA average interest rate as well as the reference interest rate EURIBOR for three month term deposits will be rounded to three decimals and subsequently subtracted from 100. For rounding to three decimals, the following method will be applied: Fourth decimals of the values 1-5 are rounded down, fourth decimals of the values 6-9 are rounded up.
Options on Money Market Derivatives: Change of Trading Hours on the Last Trading Day On the last trading day, trading phase “Post-Restricted” for options on EURIBOR futures will in future start as early as 11:45 CET. Both changes described under 1. and 2. will be implemented starting with the December 2010 maturity.
