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Nov 25, 2015

Eurex Clearing

Eurex/TAIFEX link: Extension and adjustment of incentive programmes for Daily Futures on TAIEX derivatives

In conjunction with the Designated Market-Making (DMM) in Daily Futures on TAIEX futures and Permanent Market-Making (PMM) in Daily Futures on TAIEX options (standard options and Weekly Options), for the period 1 January 2016 to 31 December 2016 including, Eurex Clearing took the following measures:

  • Reimbursement of 80 percent of transaction fees for all transactions executed on M-accounts in Daily Futures on TAIEX-Futures and in Daily Futures on TAIEX options (standard options and Weekly Options)
  • Revenue sharing of 50 percent of the net transaction fees (transaction fees minus rebates) in Daily Futures on TAIEX futures and 50 percent of the net transaction fees in Daily Futures on TAIEX options (incl. Weekly Options)
  • Reimbursements resulting from additional incentive programmes for Daily Futures on TAIEX options.

For the relevant conditions and details of the Market-Making schemes please refer to Eurex circular 205/15.