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Mar 11, 2005

Eurex

1. Introduction of Options Contracts and LEPOs on Sampo Oyj 2. Introduction of a Scandinavian Package for Advanced Market Making 3. Review of Mistrade Rules 4. Amendment of Fast Market Conditions

In their session on February 23, 2005 the Management Boards of the Eurex Exchanges approved the following measures to strengthen the Scandinavian segment and to streamline the Mistrade Rules at Eurex:

  1. Effective March 21, 2005 introduction of options and LEPOs on the stocks of Sampo Oyj.
  2. Effective April 1, 2005 introduction of a Scandinavian package for Advanced Market Making.
  3. A restructuring of the Mistrade Rules as from now.
  4. The fast market conditions in the Market Maker Obligations at Eurex have been adjusted. During fast markets the spreads for all equity and index products widen by 100 percent.

Market Status ⓘ

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The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

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