A member of
Eurex Clearing
1. Introduction
Effective 16 May 2022, Eurex Clearing AG will offer clearing services for Futures on STOXX® Global Thematics Indices introduced at Eurex Deutschland.
In this context, the following measures will apply effective 16 May 2022:
The following provisions will be amended as outlined in Attachments 2 and 3:
As of the effective date, the full versions of the amended Clearing Conditions and Price List will be available for download on the Eurex Clearing website under the following link:
Rules & Regs > Eurex Clearing Rules and Regulations
Please refer to Eurex circular 038/22 for detailed trading-related information, including fee classification and the related amendments to the Rules and Regulations of Eurex Deutschland.
Production start: 16 May 2022
2. Required action
There is no required action for the participants.
3. Details of the initiative
A. Product overview
For the product overview please refer to the table in Attachment 1.
B. Contract specifications
For the detailed contract specifications, please refer to Eurex circular 038/22.
C. Product group
The product group for the new products is as described in the table in Attachment 1.
D. Transaction fees
The fees for the new Futures on STOXX® Global Thematics Indices can be retrieved from the updated sections of the Price List, as outlined in Attachment 3.
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:
F. Trading hours (all trading times are CET/CEST)
The trading hours for the new products is as described in the table in Attachment 1.
The changes and 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.
Attachments:
Further information
Recipients: | All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, all FCM Clearing Members, vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice | |
Contact: | client.services@eurex.com | |
Web: | www.eurex.com/ec-en/ | |
Related circular: | Eurex circular 038/22 | |
Authorized by: | Jens Janka |