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Oct 18, 2018

Eurex Clearing

New Liquidity Provider scheme for Three-Month SARON® Futures

Effective 29 October 2018, the following measures of Eurex Clearing will come into effect:

Payments of rebates, revenue sharing and stipends for Three-Month SARON® Futures, as outlined in the “Product Specific Supplement” to the “Liquidity Provider Agreement”(LPA), which is attached to Eurex circular 078/18.

The Liquidity Provider (LP) scheme will run from 29 October 2018 until 31 December 2020 and covers three key incentive components for the aforementioned products:

  1. Rebates as outlined in the “Product Specific Supplement” to the LPA, valid from 29 October 2018 until 31 December 2020;
  2. Revenue sharing as outlined in the “Product Specific Supplement” to the LPA, valid from 29 October 2018 until 31 December 2020 (limited to a maximum of five LPs);
  3. Monthly payment of €12,650, net of VAT, as an “Initial Supporter Incentive” valid from 1 November 2018 until and including 30 April 2019 (limited to a maximum of three LPs).

Please refer to Eurex circular 078/18 and the respective attachment “Product Specific Supplement” for detailed information.

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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