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Oct 29, 2007

Eurex

Change of Admission Procedure of Exchange Traders at the Eurex Exchanges

In connection with the implementation of the Markets in Financial Instruments Directive and the implementation guideline of the Commission (Markets in Financial Instruments Directive Guideline - Implementation Act, “FRUG“), a new Admission Regulation for Exchange Traders at Eurex Deutschland will come into effect on November 1, 2007. This requires a modified procedure for trader admission.

The main changes in this connection are:

  1. The application must be handed in by the person to be admitted him/herself.
  2. The applicant needs to submit a CV.
  3. The form regarding personal reliability has been modified.
  4. Occupational aptitude must be accounted for by means of proving professional knowledge and practical experience.

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.

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