Eurex
1. Introduction
In the context of the changes in TES/EnLight Minimum Block Trade Sizes based on ESMA's annual transparency calculations (Eurex Circular 046/21), Eurex Frankfurt AG revised the Default Maximum Order Limits for index options defined by the exchange.
The default exchange Maximum Order Limits restrict the quantity at order and quote entry and are valid on a per product level for all Trading Participants. A Trading Participant can reduce the Maximum Order Limits for themselves and for their traders.
The new Default Maximum Order Limits will come into effect in Eurex production on 21 June 2021.
Learn more about Eurex topics! To help Trading Participants keep up with all Eurex updates, all support information is now available via Eurex Support and on the go via the personalized Eurex App.
2. Required action
After the change has come into effect, the entry of on-book orders must be compliant with the new Default Maximum Order Limits.
3. Details
Product group | Old value | New value | ||||
Index Options | 5,000 | 6,000 |
The Maximum Order Limits of a Trading Participant or any of their traders will remain untouched.
Further information
Recipients: | All Trading Participants of Eurex Deutschland and Vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice | |
Related circular: | Eurex circular 046/21 | |
Contact: | client.services@eurex.com | |
Web: | www.eurex.com | |
Authorized by: | Randolf Roth |
Market Status ⓘ
XEUR
The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.
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.
We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.
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