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1. Introduction
The Executive Board of Eurex Frankfurt AG took the following decisions with effect from 1 June 2021:
This circular contains all information on the amended Liquidity Provider schemes.
To help Trading Participants to keep up with all Eurex updates, we have made all support information available on the respective Eurex Support pages and on the go via the personalized Eurex App.
Production start: 1 June 2021
2. Required action
The quote machines need to be adjusted in order to reflect the change in the Liquidity Provider parameters.
3. Details of the initiative
Up until now, quotation of calendar spreads (available only in selected MSCI Futures during the quarterly expiry months) has qualified for Market Maker rebates, but not for revenue sharing. This component will now be added, as well as additional quote requirements for calendar spreads (“LP2”).
The transfer of the five MSCI ESG screened Futures from a separate Liquidity Provider scheme to the standard scheme offered for MSCI Futures reduces complexity, but also streamlines the quotation requirements and allows to participate in additional revenue sharing opportunities when quoting the MSCI ESG screened Futures.
Please refer to the amended Product Specific Supplement (PSS) “Equity Index 01 - Futures on MSCI Indices” and “Equity Index 02 - Options on MSCI Indices” which are attached to this circular, and which are also available on the Eurex website www.eurex.com under the following link:
Trade > Market-Making and Liquidity provisioning
Attachments:
Further information
Recipients: | All Trading Participants of Eurex Deutschland and Vendors | |
Target groups: | Front Office/Trading, IT/System Administration | |
Contact: | client.services@eurex.com | |
Web: | Trade > Market-Making and Liquidity Provisioning | |
Authorized by: | Randolf Roth |
Market Status ⓘ
XEUR
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