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Eurex Bonds
Effective 1 January 2015 Eurex Bonds will introduce Eurex Bonds Pricing Model Release 11.1.
The new version of the pricing model implies the following enhancements:
1. Regulations for Multi Member Service Providers:
The section 2.3.4. contains regulations for the connection of Trading Participants to Eurex Bonds via a Multi-Member service provider as well as for sharing existing lines to the Xetra® system by the Multi-Member service provider for the connection of Trading Participants to the Eurex Bonds trading system.
2. Adjustment of the limits of transactions per day as a calculation basis for the excessive usage fee:
With section 31f para. 1 no. 7 of the “Wertpapierhandelsgesetz” (German Securities Trading Act), the German High Frequency Trading Act introduced the requirement for operators of multilateral trading systems to charge separate fees for excessive usage of the multilateral trading system by market participants. The fee amounts are to be selected in a way as to effectively prevent excessive usage and the associated negative impact on system stability or market integrity. So far, the free of charge limits of transactions per day as the basis for the calculation of the fee amount have not reflected the system capacities and will therefore be adjusted with this new version of the pricing.
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.