Effective 1 April 2016, the following measures of Eurex Clearing for Mini-DAX® Futures will come into effect:
- Extension of the Designated Market-Making schemes for Mini-DAX® Futures by nine months, i.e.
from 1 April 2016 until 31 December 2016. - Provided the Market-Maker obligations in Mini-DAX® Futures were fulfilled, Designated Market Makers will receive a refund of 20 percent (previously: 30 percent) on transaction fees for contracts concluded in Mini-DAX® Futures during this period.
- In addition, Designated Market Makers can qualify for the revenue sharing scheme during this period.
- The revenue sharing amount for the schemes DMM1 and DMM2 is up to 15 percent (currently:
20 percent) of the net revenues (transaction fees minus Market Maker rebates) in Mini-DAX® Futures. - The revenue sharing amount for the new schemes DMM3 and DMM4 is up to 10 percent of the
net revenues (transaction fees minus Market Maker rebates) in Mini-DAX® Futures.
The relevant conditions and details as well as the exact parameters of the Designated Market-Making schemes in Mini-DAX® Futures can be found in Eurex circular 044/16.
In order to sign-up as Designated Market Maker, please send the filled-out and signed form to Ralf Huesmann via fax +49-69-211-61 54 43 or via e-mail: ralf.huesmann@eurexchange.com.
