A member of
Eurex Clearing
Following feedback by the customers, Eurex Clearing understands that the Maximum Wholesale Quantity as pre-trade risk limit for off-exchange business entered via the EurexOTC Trade Entry Services provides for more efficient and accelerated processing on the Members’ side than the currently applied Risk Adjusted Maximum Order Size.
Therefore, effective 27 May 2013, Eurex Clearing will replace the Risk Adjusted Maximum Order Size by the Maximum Wholesale Quantity. This will also be reflected in the Clearing Conditions for Eurex Clearing AG.
On 24 May 2013, during the batch run, the Eurex® system will automatically convert the existing limits entered as Risk Adjusted Maximum Order Sizes into a corresponding Maximum Wholesale Quantity processing based on the current parameter values as outlined in this circular.
The new limits will be valid from start-of-day on 27 May 2013. They can however, be adjusted by the Members. Members who do not make intra-day changes on 27 May 2013 will be able to see the differences between the maintained amounts in Eurex report RPTTT125.