Find
Oct 13, 2017

Eurex Clearing

Eurex Market-on-Close Futures on EURO STOXX® 50 Index Futures: Introduction of a Designated Market-Making scheme

In conjunction with the decision taken by the Management Board of Eurex Deutschland and the Executive Board of Eurex Zürich AG (collectively: the Eurex Exchanges), the following measure of Eurex Clearing will come into effect on 30 October 2017:

  • Introduction of a Designated Market-Making scheme for Eurex Market-on-Close Futures (Eurex MOC Futures) on EURO STOXX 50® Index Futures (Eurex product code: FES1), valid from 30 October 2017 until 31 December 2017.

Provided the quotation requirements have been fulfilled, Designated Market Makers (DMMs) receive a rebate of 100 percent on order book and off-book transaction fees for transactions in Eurex MOC Futures on EURO STOXX 50® Index Futures concluded on the M-account until 31 December 2017.

The relevant conditions and details as well as the exact parameters of the schemes in the respective product can be found in Eurex circular 110/17.

In order to sign up as Designated Market Maker, please send the filled-out and signed form (attachment 2 to Eurex circular 110/17) to Tobias Ehinger via fax +49-69-211-61 23 13, or e-mail: tobias.ehinger@eurexchange.com.