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Jan 16, 2014

Eurex

Equity options: Adjustment of Market Maker obligations

Effective 3 February2014 the quotation requirements for Market Makers in equity options at Eurex Exchange will be changed:

1. Change of the minimum quotation size and spread class assignment in the two different Market-Making models Permanent Market-Making (PMM) and Advanced Market-Making (AMM). The minimum quote size and spread class assignment are set according to market conditions and liquidity.

2. Change of assignment of equity options to AMM-packages.

The aforementioned changes are based on a regular review of the Market Maker parameters and the annual review of 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 Market Maker performance in the first days after 3 February 2014, using the respective Eurex 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.