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Jun 30, 2015

Eurex Clearing

Extension and adjustment of Market-Making schemes for EURIBOR futures and Daily Futures on TAIEX derivatives

In conjunction with the extension and adjustment of the Market-Making scheme for EURIBOR futures and Daily Futures on TAIEX derivatives of Eurex Deutschland and Eurex Zürich AG, Eurex Clearing decided the following measures effective as of 1 July 2015:

  1. EURIBOR futures
  • Fees will be waived from 1 July 2015 until 31 December 2015.
  • Monthly stipends for a minimum volume of 5.000 traded contracts will be offered from 1 July 2015 until 31 December 2015 (upon fulfilment of the Market Maker obligations).
  • Monthly incentives for open interest held in M-accounts will be offered from 1 July 2015 until 31 December 2015 (upon fulfilment of the Market Maker obligation).
  1. Daily Futures on TAIEX futures and options
  • Upon fulfilment of the Market Maker obligations, revenue sharing of 30 percent of the net revenues (transaction fees minus Market Maker rebates) generated in Daily Futures on TAIFEX futures and 50 percent of the net revenues (transaction fees minus Market Maker rebates) generated in Daily Futures on TAIFEX options (including weekly options) will be offered to Designated Market Makers and Permanent Market Makers from 1 July 2015 until 31 December 2015, whereby each product is considered separately.