A member of
Eurex
1. Introduction
Due to previous corporate actions, the Management Board of Eurex Deutschland took the following decisions with effect from 2 December 2019:
A. Introduction of three Single Stock Futures pursuant to Annex A of the Attachment 2 and two Single Stock Dividend Futures pursuant to Annex D of the Attachment 2;
B. Withdrawal of admission of Single Stock Futures pursuant to Annex A of the Attachment 2 and Single Stock Dividend Futures pursuant to Annex D of the Attachment 2;
C. Name change of Single Stock Futures and equity options pursuant to the Attachment 2.
2. Required actions
There is no action required for participation.
3. Details about the new products
A. Introduction of three SSFs and two SSDFs
1. Product overview
For the product overview please refer to the tables in Attachment 1.
2. Contract specifications and product parameters
In general, contract specifications for the new Single Stock Futures and the new Single Stock Dividend Futures are in line with those for the existing Single Stock Futures and Single Stock Dividend Futures with the relevant Eurex group ID, also in terms of trading hours and trading calendar, last trading day, settlement and determination of the daily and final settlement prices.
As of the introduction date of the new products, updated Annexes A and D of the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland will be published on the Eurex website www.eurexchange.com under the following link:
Resources > Rules and Regulations > Contract specifications
3. Risk parameters
As of start of trading, risk parameters of the new products will be published on the Eurex website under the link:
Market data > Clearing data > Risk parameters and initial margins
and on the Eurex Clearing website www.eurexclearing.com under the link:
Risk management > Risk parameters
Under this link, you will also find an up-to-date list with details for all Prisma-eligible Eurex products.
4. Mistrade parameters and position limits
Mistrade ranges and position limits for the new Single Stock Futures and the new Single Stock Dividend Futures will be published as of start of trading on the Eurex website under the links:
Products > Equity derivatives > Single Stock Futures
Products > Dividend derivatives > Single Stock Dividend Futures
Products > Product information > Product specifications
5. Transaction limits
The same values apply as for existing Single Stock Futures and Single Stock Dividend Futures with the relevant Eurex group ID. For details, please refer to the Eurex website under the link:
Technology > Excessive System Usage Fee
6. Transaction fees
The same transaction fees apply as for the corresponding existing Single Stock Futures and Single Stock Dividend Futures.
7. Vendor codes
As of start of trading, data vendor codes for the new products will be published on the Eurex website under the link:
Products > Vendor product codes
8. Liquidity provisioning
Liquidity provisioning will take place according to the Liquidity Provider Scheme for Single Stock Futures (Equity-02) and the Liquidity Provider Scheme for Single Stock Dividend Futures (Equity-03). For details, please refer to the Eurex website under the following link:
Trading > Market-Making and Liquidity provisioning > Product Specific Supplements to the LPA
B. Single Stock Futures/equity options: Withdrawal of admission
Please refer to Annexes A and D of the Attachment 2 for the products whose admission will be withdrawn.
C. Single Stock Futures/equity options: Name change
Please refer to Attachment 2 for details about the products and name changes.
Attachments:
Introduction of three SSFs and two SSDFs: Product overview
| Recipients: | All Trading Participants of Eurex Deutschland and Vendors |
| Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination |
| Contact: | Derivatives Trading Operations, eurextrading@eurexchange.com, T +49-69-211-1 12 10 |
| Authorized by: | Michael Peters |
Market Status ⓘ
XEUR
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