A member of
Eurex Clearing
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 |