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08 Mar 2019

Eurex

Passive Liquidity Protection: pilot phase and setup information

With this circular, we would like to inform you about the upcoming pilot phase of the Passive Liquidity Protection (PLP) which will start on
3 June 2019.

In this pilot phase, PLP will be activated for all German and French equity options (Group IDs DE/FR11, DE/FR12, DE/FR13, DE/FR14) traded in the Eurex T7 system. The deferral times for the German and French segment will be set in accordance with the respective latency characteristics of each segment.

PLP will be available in the Eurex simulation for the same product segments with production-like deferral time starting 8 March 2019.

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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