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Apr 27, 2011

Eurex

Equity Options: Adjustment of Market Maker Obligations

Effective May 2, 2011, quotation requirements for Market Makers in equity options at Eurex will be changed as follows:

  1.  Resulting from the regular Eurex Market Maker parameter review:
    The adjustment will affect parameters in the two different Market-Making models, Permanent Market- Making (PMM) and Advanced Market-Making (AMM).
    Minimum quote sizes and spread class assignments are set according to market conditions and liquidity.
  2. Options on CRH PLC will be included in the EURO STOXX 50® package.

Members who are taking part in Market-Making programmes are kindly requested to adjust their system settings accordingly. It is highly recommended to verify Market Maker performance in the first days of May 2011, using the respective Eurex Market-Maker performance 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.