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Jun 13, 2014

Eurex Clearing

EURIBOR initiative: Revenue sharing programme, introduction and extension of various Market Maker programmes for options and futures on the EURIBOR

On 1 July 2014, the following measures of Eurex Clearing will come into effect:

1. Extension of the existing Market-Making price model in EURIBOR
    Futures (FEU3),

2. Introduction of Spread Market-Making in EURIBOR Futures (FEU3),

3. Introduction of a long-term revenue sharing component in

    EURIBOR Futures (FEU3) for Spread Market Makers,

4.  Introduction of a new Market-Making price model in EURIBOR
    Options (OEU3) and EURIBOR Mid Curve Options (OEM1, OEM2,
    OEM3, OEM4),

5. Introduction of a Market Maker volume rebate model for EURIBOR
   Options (OEU3),

6. Introduction of long-term revenue sharing scheme for EURIBOR
   Options (OEU3) and EURIBOR Mid Curve options (OEM1, OEM2,
   OEM3, OEM4) for Market Makers,

7. Introduction of long-term revenue sharing scheme in EURIBOR
   Futures for Marker Makers in EURIBOR Options.

The conditions and details as well as the exact parameters of the respective programmes in den corresponding products are contained in Eurex circulars 126/14 and 127/14.