Eurex Clearing Readiness Newsflash | Next Generation ETD Contracts: Simulation approach

Dear Clearing Member,

With this Newsflash, we would like to provide you with updates on the Next Generation ETD Contracts initiative as well as valuable information for the simulation.

1.  Integration of EURO STOXX 50^® weekly expiring contracts OES1/OES2/OES4/OMSX in option OESX in Simulation 

Starting 23 September 2022, Eurex will gradually integrate all weekly expiring contracts OES1/OES2/OES4/OMSX into the standard option OESX. Please find below the detailed migration schedule.

Further details can be found under:

• Trading Manual: T7 Release 11.0 - Participant Simulation Guide (Chapter 5.4.1), available on the Eurex website www.eurex.com under: Eurex > Support > Initiatives & Releases > T7 Release 11.0 > System Documentation > Simulation
• Next Generation ETD Contracts initiative page, available under: Eurex Clearing > Support > Initiatives & Releases > Project Readiness > Next Generation ETD Contracts

Starting 23 September 2022, Eurex will gradually integrate all weekly expiring contracts OES1/OES2/OES4/OMSX into the standard option OESX. Please find below the detailed migration schedule:

2.  Non-Friday Weekly Options

With T7 Release 11.0, technical steps will be introduced to integrate Non-Friday weekly options (supplementing existing Friday weekly options contracts introduced by the Next Generation ETD Contracts initiative). No changes will apply on the Clearing side. 

• Simulation launch for integrated Non-Friday Weekly Options with the product mnemonic OESC (i.e. Tuesday weekly expiring contract) is expected in the second half of October 2022. 
• Production launch of integrated Non-Friday Weekly Options will not take place until the full integration of weekly expiring contracts has been concluded.

Please keep in mind that the Next Generation ETD Contracts business initiative for the Production integration of weekly expiring contracts (only for Friday Weekly Options contracts) will start as of 13 February 2023.

3.  Production-like testing opportunities in Eurex Simulation

Eurex will offer the opportunity of Production-like testing for certain products in the Simulation Environment in December 2022. This means that the expiration date for these products in Simulation will reflect the actual expiration date in Production. In addition, no sub-monthly contracts will exist for these products in Simulation.

For further details please check the Simulation calendar available under Eurex Clearing > Support > Initiatives & Releases > Simulation calendar 

4.  4^th Focus Call on Next Generation ETD Contracts

Eurex Clearing and Eurex Exchange invite you to the 4^th Focus Call planned for Wednesday, 28 September 2022 regarding the Eurex Next Generation ETD project which will be introduced on 6 February 2023.

During this Focus Call, we would like to provide our Clearing Members, Trading Participants, Vendors and Buy-Side clients with an update on recent developments, go-live preparations and allow attendees to ask questions via MS Teams.

Members are invited to register via the following link: 4th Focus Call - Eurex Next Generation ETD

Learn now more about Next Generation ETD Contracts. System documentation, circulars, timeline and much more information is available for you on on our dedicated initiatives page and location:

Eurex Clearing > Support > Initiatives & Releases > Project Readiness > Next Generation ETD Contracts.

If you have questions or require further information, please contact us via e-mail: client.services@eurex.com.

Kind regards,
Your Client Services Team

Visit the Next Generation ETD Contracts webpage for all your Clearing and Trading content!