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Jun 23, 2016

Eurex Clearing

Euro-BONO-Futures: Replacement of Market-Making scheme for futures contracts on long-term Spanish Government Bonds

Effective 1 July 2016, the following measures of Eurex Clearing for futures contracts on notional long-term debt securities of the Kingdom of Spain (“Obligaciones del Estado”), “Euro-BONO-Futures”, will come into effect:

  • Replacement of the existing Designated Market-Making scheme for Euro-BONO-Futures effective
    26 October 2015 which will expire on 30 September 2016.
  • Offer of an adjusted Designated Market-Making scheme with changed quotation obligations and unchanged percentage of fee rebates and revenue sharing until 30 June 2017.

The relevant conditions and details as well as the exact parameters of the Designated Market-Making scheme in Euro-BONO-Futures can be found in Eurex circular 060/16.

Participants interested in participating in the scheme are requested to fill in, sign and return the attached form (“Designated Market-Making Agreement“) to Jutta Frey-Hartenberger, Global Product R&D, at
Fax +49-69-211-61 49 88.

Already registered Market Makers do not need to take any action.