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Nov 15, 2010

Eurex

Eurex KOSPI Product: Extension of the Fee Holiday and the Special Incentive Scheme for Market Makers; Later Market Opening on November 18, 2010 and further Information

1. The Executive Board of Eurex Clearing AG decided to extend the fee holiday for trading and clearing in the Eurex KOSPI Product as well as the Special Incentive Scheme for Market Makers in this product by three months, i.e. up to and including February 28, 2011. For details please see Eurex circulars 128/10 and 159/10.

2. Due to the yearly College Scholastic Ability Test in South Korea on November 18, 2010, Korea Exchange (KRX) will reschedule its trading hours on that day by one hour.

3. As of the implementation of Eurex Release 13.0 on November 15, 2010, for the Eurex KOSPI Product the minimum price change for Eurex Strategy Trading via the Eurex functions OTC Wholesale Block Trades or Multilateral Trade Registration will be synchronized in order to be in line with order book trading. In addition, the
give-up / take-up functions will be available for this product (see Eurex circular 205/10).

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.

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