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Sep 09, 2016

Eurex

Equity index derivatives: Introduction of equity index options with weekly expiration (“Weekly Options”) on the SMI®

The Management Board of Eurex Deutschland and the Executive Board of Eurex Zürich AG decided to introduce equity index options with weekly expirations (“Weekly Options”) on the SMI® effective 26 September 2016. The Weekly Options will be introduced as separate products on the SMI®.


This circular contains information about the following topics:
Introduction date, updated sections of the contract specifications, trading hours, risk parameters, Eurex Trade Entry Services, transaction fees, Market-Making, preparations necessary for start of trading.


For the Weekly Options on SMI®, Permanent Market-Making (PMM) will be offered. In order to promote trading activities in these Weekly Options, a revenue sharing scheme for Market Makers in the products will be offered until 31 December 2017.
Registration for the Market-Making scheme is not required.


Information on clearing of the new products as well as the updated sections of the relevant Rules and Regulations of Eurex Clearing AG are contained in Eurex Clearing circular 113/16 (attachment 2).

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