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Jan 26, 2012

Eurex

Potential designation of Eurex Deutschland as a “Qualified Board or Exchange” for purposes of section 1256(g)(7) of the United States Internal Revenue Code

This circular informs Trading Participants of Eurex Deutschland, Clearing Members and Non-Clearing Members of Eurex Clearing AG (in this circular referred to together as “participants”) of amendments to the Clearing Conditions for Eurex Clearing AG, which are required for Eurex Deutschland to be designated as a “qualified board or exchange” for the purposes of Section 1256 of the U.S. Internal Revenue Code. These amendments are similar to those made by other major exchanges to be treated as a qualified board or exchange. Such designation will generally benefit eligible U.S. taxpayers who transact futures on Eurex Deutschland. The revised Clearing Conditions potentially affect all participants.

Each participant who has, or is required to have, a United States Taxpayer Identification Number (TIN) should complete the form contained in attachment 1 of this circular and return it to the given address.

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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