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Apr 21, 2006

Eurex

Stock Options: Measures in the German Segment

In their session on April 5, 2006 the Management Boards of the Eurex Exchanges approved the following measures, which will be implemented on May 2, 2006:

  1. Introduction of options and LEPOs on shares of Fresenius (preferred shares), Hochtief, Lanxess, Salzgitter and Solarworld
  2. Inclusion of the new stock options into the German Advanced Market Maker package
  3. Extension of maximum expiry dates for all stock options in the German package that are currently reduced to the maximum of twelve months to 24 months
  4. Increase of quote obligations for Permanent Market-Making / Advanced Market-Making for all stocks of the benchmark index DAX® to a minimum of 24 months.

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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. 

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