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Mar 19, 2008

Eurex

EEX / Eurex Cooperation: Margining for Cooperation Products FCER and O2PE

The European Energy Exchange AG (EEX) and the international derivatives exchange Eurex are further expanding their cooperation in CO2 trading. Effective March 26, 2008, Eurex Clearing AG will clear trades in futures on CERs concluded or registered for clearing at the European Energy Exchange (EEX). Within the EEX / Eurex cooperation in emissions trading, Eurex Trading Members will also be able to trade CER Futures.

Furthermore, as of April 14, 2008, Eurex Members will be able to trade options on the EUA Future listed at EEX. As an addition to the existing EUA Future, the new EUA Options will be offered with one yearly expiration each for the years 2008 to 2012.

The circular contains information on the margining of the above-mentioned 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.

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