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Nov 20, 2012

Eurex

Euro Fixed Income Futures: Definition of reporting and position limits for December 2012

The reporting and position limits for the December 2012 contracts in the Euro Fixed Income Futures were
set as follows:
· Euro-Buxl-Future (FGBX) 30,000 contracts
· Euro-Bund-Future (FGBL) 60,000 contracts
· Euro-Bobl-Future (FGBM) 60,000 contracts
· Euro-Schatz-Future (FGBS) 45,000 contracts
· Long-Term Euro-BTP-Futures (FBTP) 30,000 contracts
· Short-Term Euro BTP Futures (FBTS) 30,000 contracts
· Mid-Term Euro BTP Futures (FBTM) 30,000 contracts
· Euro-OAT Futures (FOAT) 35,000 contracts
Position limits apply only to long positions in the front month contracts of the products concerned. Reporting
limits will be valid from 30 November 2012 after close of trading to 3 December 2012 after close of trading. Exceeding the reporting limits will cause the Eurex Exchanges to request information from the
exchange participant. Position limits will be valid from 4 December 2012, start of trading, until expiration of the December contract on 6 December 2012. Long positions in December 2012 contracts must therefore be
within the prescribed limits at start of trading on 4 December 2012.
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.
If the position limits are exceeded, the respective participants will be requested by Eurex Deutschland or Eurex Zürich to specify a Eurex user ID which can be used by the Eurex Exchanges to undo the exceeding of the position limits.

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