Aug 12, 2021
Eurex Clearing
MSCI Futures: Introduction of four additional products and termination of trading in 15 futures
1. Introduction
Effective 6 September 2021, Eurex Clearing will offer clearing services for four additional MSCI Futures.
In this context, the following measures will apply effective 6 September 2021:
- Amendment of the Price List of Eurex Clearing AG (Price List) regarding the inclusion of the four MSCI futures.
The following provisions will be amended as outlined in the attachment:
- Numbers 3.1, 3.3 and 3.4 of the Price List
Please refer to Eurex circular 079/21 for detailed trading-related information as well as the amendments of the relevant Rules and Regulations of Eurex Deutschland.
Production start: 6 September 2021
2. Required action
There is no required action for the participants.
3. Details of the initiative
A. Product overview
* NTR = Net Total Return
Please refer to Eurex circular 079/21 for further information about the new as well as the terminated products.
B. Contract specifications
For the detailed contract specifications, please refer to Eurex circular 079/21.
C. Product group
The product group of the new products is as follows:
D. Transaction fees
The fees for the new products can be retrieved from the updated sections of the Price List, as outlined in the Attachment.
For the period from 6 September 2021 until 31 December 2021, the transaction fees for the products MSCI China Futures (FMCH) and MSCI EM Asia ESG Screened Futures (FMSS) will be reduced as outlined in Attachment 1 to Eurex circular 079/21.
E. Risk parameters
Margins for the new products are calculated in Prisma. For the risk parameters of the new products, please refer to the Eurex Clearing website www.eurex.com/ec-en/ under the link:
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 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, all FCM Clearing Members and other affected contractual parties and vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Related circular: | Eurex circular 079/21 | |
Contact: | client.services@eurex.com | |
Web: | www.eurex.com/ec-en/ | |
Authorized by: | Jens Janka |
