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Apr 20, 2009

Eurex

Euro-Bobl-Futures: Increase of Tick Size

In their session on April 15, 2009, the Management Boards of the Eurex Exchanges decided on an increase in the minimum price change (tick size) for futures contracts on notional medium-term debt instruments issued by the Federal Republic of Germany (Euro-Bobl Future) from currently 0.005 percent to 0.01 percent with effect from May 11, 2009. The tick size of the corresponding options on futures contracts on notional medium-term debt instruments issued by the Federal Republic of Germany (Options on Euro-Bobl Futures) continues to be 0.005 percent. Thus, as of May 11, 2009, the tick value of the Euro-Bobl Futures will be EUR 10.00 and the tick value of the Options on the Euro-Bobl Futures remain unchanged at EUR 5.00.

The change will be made after close of trading on May 8, 2009 (22:00 CET). Please note that on this evening all orders for the Euro-Bobl Future that exist in the system will be deleted and, therefore, will have to be re-entered in the morning of May 11, 2009, if so desired.

In the Eurex simulation environment, the change of tick size will become effective on April 29, 2009.

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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