23 Dec 2020

Eurex Clearing

MSCI derivatives: Amendments to the Price List of Eurex Clearing AG and other pricing measures

Eurex Clearing Circular 118/20 MSCI derivatives: Amendments to the Price List of Eurex Clearing AG and other pricing measures


1.  Introduction

As of 1 February 2021, Eurex will amend the transaction and post-trade fees for MSCI Futures. Whereas the fees will be increased according to the Price List of Eurex Clearing AG (Price List), fees for certain products will temporarily either remain unchanged or be even decreased as shown in this circular.

2.  Required action

There is no required action for the participants.

3.  Details of the initiative

For the period from 1 February 2021 until 31 December 2021, the transaction fees for the products listed in Attachment 1, Table 1, will be decreased, as stated.

For the same period, the transaction fees for the products listed in Attachment 1, Table 2, remain unchanged.

As of 1 February 2021, fees for order book transactions will be increased from 0.50 EUR / USD / GBP to 0.60 EUR / USD / GBP and fees for TES and Eurex EnLight transactions will be increased from 0.75 EUR / USD / GBP to 0.90 EUR / USD / GBP. The post-trade fees will be adjusted accordingly.

To reflect the amendments, the following provisions of the Price List will be amended as outlined in Attachment 2:

  • Numbers 3.1, 3.3 and 3.4

As of the effective date, the full version of the amended Price List will be available for download on the Eurex Clearing website www.eurex.com/ec-en/ under the following link:

Clear > Rules & Regs > Rules and Regulations > Price List

The changes and amendments to the legal framework of Eurex Clearing AG published by this circular 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.

Attachments: 

  • 1 – Table 1 and Table 2
  • 2 – Amended sections of the Price List


Further information

Recipients:

All Clearing Members, all FCM Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors other affected contractual parties

Target groups:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Related circular:

Eurex Circular 103/20

Contact:

client.services@eurex.com

Web:

www.eurex.com/ec-en/

Authorised by:

Matthias Graulich


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