Eurex
Dear Eurex Participant,
This Newsflash is a reminder regarding the changed flagging requirements for orders according to MiFID II and MiFIR and the identification of natural persons from the United Kingdom after 31 December 2020 (Brexit).
As published in Eurex circular 099/20, the identification for natural persons from the United Kingdom has changed after 31 December 2020, therefore an update of trader and client reference data is needed.
Until 31 December 2020, natural persons from the UK have been identified by means of the National IDs "National Insurance Number" (first priority) or by "CONCAT" (second priority) (Art. 6 para. 2 of the Commission Delegated Regulation 2017/590).
With effect from 1 January 2021 (Brexit), UK nationals must be identified in accordance with the requirements for natural persons from third countries.
Therefore the "passport number" (first priority) or "CONCAT" (second priority) must be used.
All Trading Participants are obliged to upload the short/long code mappings with Eurex Frankfurt AG in accordance with ESMA requirements. Old data records of Trading Participants are to be updated accordingly as of today.
Valid short/long code mappings will be made available to Trading Participants in the daily report TR161.
Please note that all transaction reporting submitted to the regulators with old priorities will have to be corrected, backdated to January and re-reported.
Kind regards
Your Client Services Team
How to keep up with news? Get the latest Eurex updates fast and easy using: Eurex App, LinkedIn, YouTube or visit our website.
Recipients: | All Trading Participants of Eurex Deutschland and Vendors | |
Target group(s): | Front Office/Trading, Middle + Back Office, IT/System Administration, Auditing/Security Coordination | |
Contact: | client.services@eurex.com | |
Related circular: | Eurex circular: 099/20 | |
Web: | www.eurex.com |
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.
