16 Nov 2022

Eurex

Eurex Exchange Readiness Newsflash | Next Generation ETD Contracts: Additional corporate action event in simulation

Eurex Exchange Readiness Newsflash | Next Generation ETD Contracts: Additional corporate action event in simulation

Dear Eurex Participant,

Further to the recent Eurex Exchange Readiness Newsflash from 27 October 2022, announcing additional testing opportunities in simulation to facilitate the Next Generation ETD Contracts testing, we would like to offer the following event in simulation:

Additional corporate action on 29 November 2022

On business date 29 November 2022, an R-factor corporate action adjustment on Single Stock Option “AFR” with effective date and business date 30 November 2022 will be initiated in the simulation environment. The product will be adjusted with R-factor of 0.95.

Name

Product ID

Product ISIN

Generation Number

Air France-KLM

AFR

FR0000031122

9

Air France-KLM

AFR

FR0000031122

10

The goal of the corporate action is to increment the current generation number from 9 to 10. A double-digit generation number is an enhancement introduced in T7 Release 11.0.

All details on this Release can be found on the Eurex website under the following path: Support > Initiatives & Releases > T7 Release 11.0.

In addition, the Single Stock Option AFR will be equipped with weekly expiring contracts to provide a testing opportunity in capital adjusted monthly and weekly expiring options contracts. The activation of a weekly contract lifecycle in the Single Stock Option AFR will take place two weeks prior to the capital adjustment and will be performed in one step. In alignment with other Single Stock Options supporting weekly expiring contracts in the simulation environment, the weekly expiring options contracts will be set-up as Thursday expiring options contracts. 

Trading and Clearing participants are encouraged to test to ensure a smooth transition to the new Next Generation ETD concept. Trading and Clearing simulation batch days and events are available on the simulation calendar. The simulation calendar can be found on the Eurex website under the following path:

Support > Initiatives & Releases > Simulation calendar.

Learn now more about the Next Generation ETD Contracts initiative. System documentation, circulars, timeline and much more information is available for you on our dedicated initiatives page and location: Support > Initiatives & Releases > Project Readiness > Next Generation ETD Contracts.

If you have any further questions or comments, please send an e-mail to: client.services@eurex.com.

Kind regards,
Your client services team
 

Visit the Next Generation ETD Contracts webpage for all your Trading and Clearing content!
 

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Related Newsflash: 

Eurex Exchange Readiness Newsflash from 27 October 2022

Contact:

client.services@eurex.com

Web:

Support > Initiatives & Releases > Project Readiness > Next Generation ETD Contracts


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