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Nov 01, 2019

Eurex

Three-Month SARON® Futures: Amendment to the “Additional Supporter Incentive” in „Product Specific Supplement” for Three-Month SARON® Futures to the Liquidity Provider Agreement

Eurex Circular 104/19

1. Introduction

The Management Board of Eurex Deutschland and the Executive Board of Eurex Frankfurt AG took the following decision with effect from 2 December 2019:

  • Amendment to the Additional Supporter Incentive in the “Product Specific Supplement” for Three-Month SARON® Futures

2. Required action

There is no action required for existing Liquidity Providers. New interested Liquidity Providers are invited to participate in the scheme to have the opportunity to benefit from the available incentives by fulfilling the quote requirements.

3. Details of the initiative

This circular provides information on the amended terms of the Additional Supporter Incentive for Three-Month SARON® Futures (Eurex product ID: FSO3) effective from 2 December 2019 until 30 May 2020.

To continue development of liquidity, the “Additional Supporter Incentive” component of the “Product Specific Supplement” for Three-Month SARON® Futures (“PSS”) is being extended for a further six months on amended terms. All changes to the PSS are shown in the attachment to this circular. They shall become effective on 2 December 2019 and will be deemed to have been approved by the Liquidity Providers, if the Liquidity Providers do not lodge objections with Eurex Frankfurt AG and Eurex Clearing AG within fifteen (15) business days of publication of this circular.
 

Attachment:

  • Amended “Product Specific Supplement for Three-Month SARON® Futures”


Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Contact:

Jenny Ivleva, Fixed Income ETD Product Design, T +44 207 862 7098, jenny.ivleva@eurexchange.com; 
Jutta Frey-Hartenberger, Fixed Income ETD Product Design, T +49 0 69 2 11-1 49 88, jutta.frey-hartenberger@eurexchange.com

Web:www.eurexchange.com

Authorized by:

Michael Peters



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