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Eurex Clearing
In November 2010 EEX will activate the Automatic Exercise function within the Eurex® system for options on Phelix Futures on the EEX Derivatives Market. As a result, this facility will be available for the first time for the expiration of the Phelix Base-Month-Option O1BM DEC10 on November 25, 2010.
In this circular we would like to provide you with information regarding the changed processes for automatic exercise of options, the planned simulation and the set-up of the parameters within the Eurex® system.
By means of the Eurex / EEX cooperation, the facility will also be available for Eurex Members.