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Apr 22, 2010

Eurex

Adjustments of Market Maker Obligations for Equity- and Equity Index Options

  1. Effective May 3, 2010, quoting requirements for Market Makers in equity options at Eurex will be changed. The adjustment will affect parameters in the three different Market-Making models, i.e. Regular Market-Making (RMM), Permanent Market-Making (PMM) and Advanced Market-Making (AMM). Minimum quote sizes and the spread class assignments are set according to market conditions and liquidity.
  2. The Minimum Quote Size in options on the EURO STOXX 50® index will be changed effective May 3, 2010.
  3. Changes will also be made to the amount of AMM package exceptions, effective June 1, 2010.

Members who are taking part in Market-Making programs are kindly requested to adjust their system settings accordingly. It is highly recommended to verify market maker performance in the first days of May and June 2010 using the respective Eurex-MMPM reports.

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.