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02 Mar 2022

Update on Eurex single stock derivatives on Russian underlyings

The Management Board of Eurex Deutschland has decided to terminate trading in the remaining three options and one future, based on Gazprom (GAZ, GAZG), Lukoil (LUK) and Norilsk Nickel (NNIA), effective 3 March at the close of trading 17:30 CET (17:45 CET for GAZG) as orderly trading seems not to be ensured anymore. Open positions on 3 March will be cash settled using the Fair value method based on official close of the underlying on the London Stock Exchange 3 March 2022 or the last available price before that if the closing price cannot be determined on 3 March 2022. Further details will follow in a form of circular. Eurex Deutschland reserves the right to immediately take any further appropriate measures, if such become necessary due to measures of the trading venue of the reference markets of the above mentioned derivatives or the overall development with regards to the war in Ukraine.