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Dec 19, 2016

Eurex

Extension of Market-Making scheme in options on iShares ETFs

The Management Board of Eurex Deutschland and the Executive Board of Eurex Zürich AG decided to extend the Market-Making scheme in options on iShares ETFs from 1 January 2017 until 31 December 2017 without any changes.

The current quoting parameters are outlined in the table below.

Product

Product ID

Spread Class

Minimum Quote Size (Contracts)

Number of expirations to be quoted for PMM/AMM;

the first

AMM Package ID

RMM

AMM/
PMM

EXTF Options on

iShares DAX® (DE)

EXS1

15

 

250

6

ETFE

iShares EURO STOXX 50®

EUN2

14

 

500

6

ETFE

iShares SMI® (CH)

XMT

15

 

50

6

ETFE

As before, qualifying Market Makers will receive a reimbursement of 100 percent of the transaction fees for transactions concluded on the M-account in options on iShares ETFs as well as a revenue sharing of
30 percent of the net transaction fees, distributed among the top three Market Makers on a monthly basis.

An application for Market-Making in options on iShares ETFs is not necessary.

Information about the related decisions to be passed by Eurex Clearing AG will be published in a separate Eurex Clearing circular at a later date. Thus the new scheme is subject to the corresponding decisions by Eurex Clearing AG.

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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