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Dec 16, 2015

Eurex

Futures on the indices ATX®, ATX® five, CECE® EUR and RDX® EUR: Extension of Designated Market-Making schemes

In order to further promote trading activities, the Management Board of Eurex Deutschland and the Executive Board of Eurex Zürich AG decided the following effective 1 January 2016:

  • Extension of the Designated Market-Making scheme in futures on the indices ATX®, ATX® five, CECE® EUR and RDX® EUR by 12 months, i.e. for the period from 1 January 2016 to 31 December 2016.
  • The quotation requirements for Designated Market-Making in these index futures remain unchanged (see attachment 1).

In return, Designated Market-Makers shall receive a rebate of the transaction fees for transactions in futures on the indices ATX®, ATX® five, CECE® EUR and RDX® EUR concluded on M-accounts until 31 December 2016 (see Eurex Clearing circular 145/15):

  • 80 percent (unchanged) for order book transactions
  • 50 percent (currently 60 percent) for Off-Book transactions

The refund will be paid monthly if Designated Market-Maker obligations have been fulfilled.

Market Status

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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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