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Jan 14, 2015

Eurex

Equity options: Adjustment of Market Maker obligations

Effective 2 February 2015 the quotation requirements for Market Makers in equity options at Eurex Exchange will be changed as follows:

  1. Change of the minimum quotation sizes and spread class assignments in the two offered Market-Making models Advanced Market-Making (AMM) and Permanent Market-Making (PMM).
    The minimum quote sizes and spread class assignments are set according to market conditions and liquidity.
  2. Change of assignments of equity options to AMM packages.
  3. Options on Royal Imtech N.V. (IR3A) will no longer be part of the Eurex Market-Making schemes.

The aforementioned changes are based on the annual review of the Market Maker quote obligations and the AMM packages.

Participants taking part in one of the Market-Making schemes are kindly requested to adjust their system settings accordingly. It is highly recommended to verify the Market Maker performance in the first days after 2 February 2015, using the respective Eurex Exchange 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.