Find
May 19, 2006

Eurex

Euro Fixed Income Futures: Definition of Position Limits for June 2006

In their session onWednesday, May 17, 2006, the Management Boards of the Eurex Exchanges decided to set the position limits for the June 2006 contracts in the Euro Fixed Income Futures as follows:

  • Euro-Buxl® Future (FGBX) 20.000 contracts
  • Euro-Bund Future (FGBL) 80.000 contracts
  • Euro-Bobl Future (FGBM) 70.000 contracts
  • Euro-Schatz Future (FGBS) 55.000 contracts

The limits apply only to long positions in the front month contracts of the products concerned, and will be valid from June 1, 2006 until June 8, 2006. Positions must therefore be within the prescribed limits after close of trading on May 31, 2006.

The position limits will be monitored intraday by Eurex Market Supervision and the Trading Surveillance Office. Sameday position adjustments of the instruments should be made by using the Trade Adjustment function (Open/Close Adjustment) instead of the Position Close Out, in order to avoid such transactions being subject to late closing fees.

Proprietary trading positions and client positions will be considered separately. In relation to limit violations on client accounts, please note that, according to the Exchange Rules, no single client may hold or control an aggregate position which exceeds the defined position limit.

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.