Amendments to the Price List of Eurex Clearing AG

1.    Introduction

This circular contains information with respect to Eurex Clearing’s service offering and corresponding amendments to the Price List of Eurex Clearing AG (Price List) regarding the following topics:

A.    Extension of the product scope available on Eurex EnLight 

B.    Introduction of a fee on delivery resulting from certain Single Stock Futures

C.    Deletion of US02/CA02/US22 product groups

The amendments will come into effect on 1 November 2019. 

2.    Required action

In order to act as a requester and/or responder for these new products on Eurex EnLight, the correct entitlements need to be set at trader user level. Please contact your Key Account Manager, via E-Mail client.services@eurexclearing.com, for further information.

3.    Details of the initiative

A.    Extension of the product scope available on Eurex EnLight 

As announced in Eurex circular 094/19, a sub-set of the Single Stock Futures, already available for trading in the Eurex order book and on Eurex T7 Entry Services, will also become available for trading on Eurex EnLight. 

The Price List is amended in order to reflect the appropriate updates needed to support the Eurex EnLight product scope extension.
The new products that will be available for trading via Eurex EnLight will be communicated via a follow-up Eurex circular during the month of October 2019. 

B.    Introduction of a fee on delivery resulting from certain Single Stock Futures

Flexible contracts allow changing the delivery type from cash to physical and vice versa for certain Single Stock Futures. So far, a fee on delivery resulting from an originally cash settled Single Stock Future, which was changed to physical delivery via a flexible contract, has not been charged.

With the decision of the Executive Board of Eurex Clearing, Single Stock Futures with cash settlement from certain product groups (BE01, CH01, DE01, ES01, FI01, FR01, IE01, IT01, NL01), which are changed to physical delivery via a flexible contract, will be charged with the same fees on delivery as the respective physically settled Single Stock Futures.

C.    Deletion of US02/CA02/US22 product groups

The respective provisions of the Price List are amended to reflect the updates with regards to the product group merger, whereby US02 is merged into US01, US22 into US21 and CA02 into CA01.

Please refer to Eurex circular 097/19 for detailed information, as well as the updated sections of the relevant Rules and Regulations of Eurex Deutschland.

The amendments above will become effective on 1 November 2019. As of the effective date, the full version of the amended Price List will be available for download on the Eurex Clearing website www.eurexclearing.com under the following link: 

Resources > Rules and Regulations > Price list

The changes and amendments to the legal framework of Eurex Clearing AG published by this circular under items A. – C. above are deemed accepted by each affected contractual party of Eurex Clearing AG, unless the respective contractual party objects by written notice to Eurex Clearing AG within the first ten (10) Business Days after publication. Any ordinary right of Eurex Clearing AG to terminate the respective contract (including a Clearing Agreement, if applicable) shall remain unaffected.

Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.

Attachment: 

•    Amended sections of the Price List Eurex Clearing AG