22 Apr 2021

Eurex Clearing

ETF derivatives: Introduction of new ETF and ETC options

Eurex Clearing Circular 035/21 ETF derivatives: Introduction of new ETF and ETC options


1.  Introduction

Effective 17 May 2021, the following measures of Eurex Clearing AG will apply:

The amendments to the Price List of Eurex Clearing AG (Price List) regarding:

  • the inclusion of two ETF options and three ETC options newly introduced at Eurex Deutschland,
  • the harmonisation of transaction fees for ETC options and futures.

To help Clearing Members to keep up with all Eurex Clearing updates, we have made all support information available on the respective Eurex Support pages.

2.  Required action

There is no action required for participation.

3.  Details of the initiative

Effective 17 May 2021, the Price List will be amended in order to reflect the appropriate updates regarding:

  • the inclusion of two ETF options and three ETC options newly introduced at Eurex Deutschland,
  • the harmonisation of transaction fees for ETC options and futures.

The following provisions will be amended as outlined in the Attachment:

  • Numbers 3.1, 3.2.1.1, 3.3, 3.4, 3.7 and 3.9 of the Price List.

Please refer to Eurex circular 039/21 for detailed trading-related information as well as the amendments to the relevant Rules and Regulations of Eurex Deutschland.

Please refer to the Attachment for the updated sections of the Price List of Eurex Clearing AG (Price List). As of the effective date, the full version of the amended Price List will be available for download on the Eurex Clearing website under the following link:

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.

Attachment:

  • Amended sections of the Price List of Eurex Clearing AG

Further information

Recipients:

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

Target groups:

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

Contact:

client.services@eurex.com

Related circular:

Eurex circular 039/21

Web:

www.eurex.com/ec-en/

Authorised by:

Jens Janka


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