Feb 07, 2022
Eurex Clearing
Equity Index and Fixed Income Futures: Changes to the transaction and post-trade fees in selected Equity Index Futures; Annual review of volume rebates: Amendments to the Price List of Eurex Clearing AG
1. Introduction
This circular contains information with respect to the transaction and post-trade fees in selected Equity Index Futures as well as changes driven by the annual review of volume rebates in Equity Index & Fixed Income 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 2022.
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 2022, the transaction and post-trade fees in the following products will be amended as follows:
Effective 1 March 2022, the volume rebates in Equity Index Futures will be amended as follows:
Effective 1 March 2022, the volume rebates in Fixed Income Futures will be amended as follows:
In addition, the products FDXM and FXXP will be re-classified from liquidity class (LC) 3 to 2 effective as of 1 March 2022.
To reflect the amendments, the following provisions of the Price List will be amended as outlined in the Attachment:
- Numbers 3.1, 3.2.2.2, 3.3 and 3.4
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:
Rules & Regs > Eurex Clearing Rules & Regulations > Price List
The full list of products with the respective liquidity classes will be made available as a single xls file on the Eurex website www.eurex.com under the following path as of the effective date:
Trade > Market-Making and Liquidity provisioning
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 ten (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, as of 1 March 2022
Further information
Recipients: | All Clearing Members, FCM Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Contact: | Eurex Pricing, eurex.pricing@eurex.com | |
Related circulars: | Eurex Clearing circulars 065/20, 004/21 | |
Web: | www.eurex.com/en-ec/ | |
Authorized by: | Matthias Graulich |
