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Oct 29, 2015

Eurex Clearing

Introduction of a Self-Match Prevention functionality – Amendments to the Price List for Eurex Clearing AG

Subject to the decision of the Exchange Council of Eurex Deutschland, Eurex Deutschland and Eurex Zürich AG will introduce the Self-Match Prevention functionality with the implementation of the Eurex Exchange’s T7 Release 3.0 on 23 November 2015. Hence, relevant adjustments to the Price List for Eurex Clearing AG (Price List) will come into effect on this date.

The Self-Match Prevention functionality for order book transactions is an optional Eurex functionality that allows market participants to prevent, where appropriate, own buy and sell orders from matching with each other (“Prevented Transactions”). Prevented Transactions are treated in terms of fees and rebates equal to executed Transactions. The fees and rebates pursuant to Number 3.1.1 of the Price List shall hence apply correspondingly to Prevented Transactions. This is governed in the newly introduced sub-chapter 3.13 of the Price List for Eurex Clearing AG.