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Feb 25, 2021

Eurex Clearing

MSCI derivatives: New revenue sharing scheme

Eurex Clearing Circular 013/21 MSCI derivatives: New revenue sharing scheme

1.  Introduction

As of 1 March 2021, Eurex Clearing, in consultation with Eurex, will offer a new revenue sharing scheme for MSCI derivatives. The details of this scheme are outlined in Eurex circular 019/21.

Term of the revenue sharing scheme: 1 March 2021 until 31 December 2022. 

2.  Required action

None.

3.  Details of the initiative

Eurex Clearing's, in consultation with Eurex, new revenue sharing scheme for MSCI derivatives targets Trading Participants who make a significant contribution to the further growth in this product segment.

In order to participate, the volume providers need to fulfil certain quantitative and qualitative criteria. In return, they can receive a certain revenue share, which is based on Extra Net Revenues in the segment. 

Further details of the scheme are described in Eurex circular 019/21.


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.


Further information

Recipients:

All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors

Target groups:

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

Related circular:

Eurex circular 019/21

Contact:

client.services@eurex.com

Web:

www.eurex.com/ec-en/

Authorised by:

Jens Janka