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Mar 06, 2015

Eurex

Money market derivatives: Suspension of the One-Month EONIA Future (FEO1) from trading as of 9 March up to and including 1 May 2015

The Management Board of Eurex Deutschland and the Executive Board of Eurex Zürich AG decided to suspend the existing One-Month EONIA Future contract (FEO1) from trading as of 9 March up to and including 1 May 2015 as a result of the European Central Bank’s update of the indicative calendar of reserve maintenance periods to a new 42 to 49 days’ cycle.

In order to guarantee an orderly amendment of the contract specifications for product FEO1 reflecting the new 42 to 49 days’ cycle, no trading in FEO1 will be possible in this period.

The planned changes to the contract specifications effective 4 May 2015 will be communicated soon in a separate Eurex circular.

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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