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Jun 08, 2011

Eurex

Market-Making in Equity Index Options: Change of Spread Classes for EURO STOXX 50, DAX and SMI

Effective Wednesday, June 29, 2011, spread classes for some equity index options will be adjusted. Above all, this refers to options on the three indexes EURO STOXX 50Ò, DAXÒ and SMI.

The new spread classes correspond to a greater degree to current quoting behaviour and are intended to simplify quoting of options in-the-money.

As of the effective date of the change, the updated Market Maker Obligations will be available on the Eurex website under the path:

www.eurexchange.com > Trading > Market Model > Market-Making > Market Maker Obligations

For direct access to the document click on the following link:

http://www.eurexchange.com/trading/market_model/market_making/obligations_en.html

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. 

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