16 Nov 2020

Eurex

Amendment to the GTC to the Provider Connection Agreement: Implementation of mandatory direct debit for EU-based Multi-Member System Providers

Eurex Circular 090/20 Amendment to the GTC to the Provider Connection Agreement: Implementation of mandatory direct debit for EU-based Multi-Member System Providers


1.    Introduction

Eurex Frankfurt AG shall be entitled to directly debit connection fees from EU-based Multi-Member System Providers.

The amendment will come into effect on 1 January 2021.

2.    Required action

Eurex Multi-Member System Providers resident on EU territory must submit a direct debit authorisation for connection fees issued by Eurex Frankfurt AG.

3.    Details

The Executive Board of Eurex Frankfurt AG has decided to amend the “General Terms and Conditions to the Agreement on the technical connection of a Multi-Member System Provider to the Exchange-EDP Eurex® (Provider Connection Agreement)” to make direct debit mandatory for Eurex Frankfurt AG connection fees for all EU-based Multi-Member System Providers.

Therefore, the GTC to the Provider Connection Agreement will be amended accordingly.

The amendments, as set out in the Attachment, will become effective on 1 January 2021.

As of the effective date, the full version of the amended GTC to the Provider Connection Agreement will be available for download on the Eurex website www.eurex.com under the following link:

Find > Forms

Amendments to the GTC to the Provider Connection Agreement will be notified to the Contracting Party at least six weeks prior to their effective date. They are deemed to have been approved if the Contracting Party does not lodge objections with Eurex Frankfurt AG within six (6) weeks of notification of the amendment.

Attachment:

•    Amended sections of the “General Terms and Conditions to the Agreement on the technical connection of a Multi-Member System Provider to the Exchange-EDP Eurex®” (Provider Connection Agreement)”


Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

Front Office/Trading, Middle + Backoffice

Contact:

support.billing@deutsche-boerse.com

Web:

www.eurex.com

Authorised by:

Randolf Roth

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