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Feb 16, 2011

Eurex

Euro Fixed Income Futures: Definition of Reporting and Position Limits for March 2011

The reporting and position limits for the March 2011 contracts in the Euro Fixed Income Futures were set as follows:

  • Euro-Buxl Future (FGBX) 30.000 contracts
  • Euro-Bund Future (FGBL) 70.000 contracts
  • Euro-Bobl Future (FGBM) 65.000 contracts
  • Euro-Schatz Future (FGBS) 50.000 contracts
  • Long-Term Euro-BTP Futures (FBTP) 30.000 contracts
  • Long-Term Euro-BTP Futures (FBTS) 30.000 contracts

Position limits apply only to long positions in the front month contracts of the products concerned. Reporting limits will be valid from February 28, 2011 to March 3, 2011 after close of trading. Exceeding reporting limits will cause
the Eurex Exchanges to request information from the exchange participant. Position limits will be valid from March 4, 2011, start of trading, until expiration of the March contract on March 8, 2011. Long positions in March 2011 contracts must therefore be within the prescribed limits at start of trading on March 4, 2011.

The limits will constantly be monitored intraday by Eurex Market Supervision and the Trading Surveillance Office. Immediate position adjustments 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.

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