Eurex Clearing
1. Introduction
This circular contains information with respect to volume rebates in Equity Index Futures and Interest Rate Futures and the corresponding amendments to the Price List of Eurex Clearing AG (Price List).
The amendments will come into effect as of 1 March 2021.
2. Required action
Market participants should ensure that their internal processes and technical interfaces are updated in order to process the amended fees properly.
3. Details
Effective 1 March 2021, the rebate levels and thresholds for volume rebates in Equity Index Futures and Interest Rate Futures will be recalibrated as described in the tables in Attachment 1.
To reflect the amendments, the following provisions of the Price List will be amended as outlined in Attachment 2:
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 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 15 Business Days (or, in respect of amendments to the Price List, within the first 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:
Further information
Recipients: | All Clearing Members, FCM Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors other affected contractual parties |
Target groups: | Front Office/Trading, Middle + Back Office, IT/System Administration, Auditing/Security Coordination |
Contact: | Eurex Pricing, eurex.pricing@eurex.com |
Web: | www.eurex.com/ec-en/ |
Authorised by: | Matthias Graulich |
