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Jun 28, 2005

Eurex

Adjustment of Market Maker Obligations

With effect from July 1, 2005 the Market Maker Obligations in Eurex equity options will be adjusted as follows:

  1. The quotation period for Market Makers (AMM, PMM) in French stock options will be limited to a maximum of twelve months.
  2. The number of exceptions of products which do not require quotation within the scope of the „French AMM Package“ (FR) will increase from currently two products to seven products.
  3. The spread classification in Swiss stock options will change as follows:
  • Ciba (CIBN) from class 4 to class 7
  • Schweizer Rückversicherung (RUKN) from class 1 to class 4
  • Swiss Life Holding (SLHN) from class 2 to class 5.

    Along with the changes to the Market Maker Obligations also the Mistrade Ranges in the three Swiss stock options concerned will be adjusted effective July 1, 2005.
  1. The number of exceptions of products which do not require quotation within the scope of the „Swiss AMM Package“ (SMI) will increase from currently two products to three products.
  2. In addition, the number of exceptions of products which do not require quotation within the scope of the „Dow Jones EURO STOXX® 50 Package“ (ESX50) will increase from currently four products to seven products.

Market Status ⓘ

XEUR

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.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.