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Jun 20, 2014

Eurex Clearing

Foreign exchange (FX) derivatives: Introduction of various Market-Making incentive schemes

On 27 May 2014, it was announced in Eurex Clearing circular 067/14 that Eurex Clearing will offer clearing services for FX futures and FX options on six currency pairs traded on Eurex Exchange.

The circular highlights the introduction of various Market-Making incentive schemes:

· Introduction of reduced transaction fees for Market Makers in FX futures and FX options from 7 July 2014 until 31 December 2017,

· Introduction of a revenue sharing component in FX futures and FX options.

Please see Eurex circular 135/14 for details of the exact parameters of the respective schemes.