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Mar 23, 2015

Eurex Clearing

Fixed income derivatives: Introduction of fixed income options with weekly expirations (“Weekly Options”) on Euro-Bund Futures

Effective 20 April 2015, Eurex Clearing will extend its clearing service to fixed income options with weekly expirations (“Weekly Options”) on Euro-Bund Futures introduced at Eurex Exchange. The Weekly Options will be introduced as separate products on the Euro-Bund Future.

For the Weekly Options on Euro-Bund Futures, Permanent Market-Making (PMM) will be offered. In addition, with the fulfilment of Market Maker Obligations at Eurex Frankfurt and Eurex Zürich AG, revenue sharing will be offered to Market Makers in the Weekly Options on Euro-Bund Futures until 31 December 2015.

From 26 March 2015, these products will be available in the simulation environment.

This circular provides information on the clearing of the newly introduced products and the updated sections of the relevant rules and regulations of Eurex Clearing. Specific information on the introduction of the new products as well as the updated sections of the relevant rules and regulations of Eurex Deutschland and Eurex Zürich AG can be retrieved from Eurex circular 046/15.