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15 Jul 2021

Eurex

Equity Index Derivatives: Tradability of EURO STOXX® Banks Index Futures and EURO STOXX® Banks Dividend Index Futures for Participants in the U.S.

Eurex Circular 069/21 Equity Index Derivatives: Tradability of EURO STOXX® Banks Index Futures and EURO STOXX® Banks Dividend Index Futures for Participants in the U.S.

1.  Introduction

With effect from 19 July 2021, the following additional products will be activated for tradability in the U.S.:

  • EURO STOXX® Banks Index Futures
  • EURO STOXX® Banks Dividend Index Futures

Start of production: 19 July 2021

2.  Required action

There is no action required for participation in trading in these products.

3.  Details of the initiative

Eurex Deutschland has submitted EURO STOXX® Banks Index Futures and EURO STOXX® Banks Dividend Index Futures for approval by the Commodity Futures Trading Commission (CFTC) to offer these contracts for trading in the U.S. 

These contracts have already passed the CFTC’s respective approval procedures and will therefore be available for trading in the U.S. as of 19 July 2021.

The corresponding new "capacity groups" for the products are as follows:

Product name

Product ID

Currency

Previous Capacity Group 

New Capacity Group

EURO STOXX® Banks Index Futures

FESB

EUR

Cash/Physical EUR

Cash/Physical EUR - CFTC

EURO STOXX® Banks Dividend Index Futures

FEBD

EUR

Cash/Physical EUR

Cash/Physical EUR - CFTC

According to Eurex Deutschland's registration as a "Foreign Board of Trade", the EURO STOXX® Banks Index Futures and EURO STOXX® Banks Dividend Index Futures can be offered or sold to persons in the U.S. via Eurex terminals with direct access in the U.S.
 

Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

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

Contact:

client.services@eurex.com or Rachna Mathur, rachna.mathur@eurex.com, Equity and Index Sales America, tel. +1 212 309 93 08

Web:

www.eurex.com

Authorized by:

Randolf Roth


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