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May 10, 2011

Eurex

Options on Three-Month EURIBOR Futures: Introduction of One-Year Mid-Curve Options on Three-Month EURIBOR Futures

The Management Boards of the Eurex Exchanges and the Executive Board of Eurex Clearing AG decided to introduce One-Year Mid-Curve Options on Three-Month EURIBOR Futures. The contracts will be introduced effective May 25, 2011. The products will be available in the simulation environment as of May 13, 2011.

This circular contains information on the following topics:
1. Contract specifications
2. Trading hours
3. Risk parameters
4. OTC Trade Entry Facilities
5. Trading fees

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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