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03 Feb 2022

Eurex

Euro-Bono-Futures: Introduction of intra-day non-disclosure limits

Eurex Circular 010/22 Euro-Bono-Futures: Introduction of intra-day non-disclosure limits

1.  Introduction

The Management Board of Eurex Deutschland decided, with effect from 1 March 2022, to introduce intra-day non-disclosure limits for trades entered using the Eurex T7 Entry Services (TES) in Euro-Bono-Futures (FBON). 

Production start: 1 March 2022

2.  Required action

There is no required action. Trading Participants may choose between intra-day disclosure and non-disclosure in the TES trades entry window of the T7 Trader GUI trades in Euro-Bono-Futures.

3.  Details 

Non-disclosure is an optional feature for transactions above a certain volume threshold. Where this threshold is reached or exceeded, the entering trader of bilateral TES or EnLight trades can select intraday publication or non-disclosure by Eurex Exchange’s T7 for these trades. The default setting for transactions above a certain volume threshold is set to non-disclosure in T7.

Effective 1 March 2022, the following non-disclosure limits will apply:

Product

Non-disclosure limit

Euro-Bono-Futures (FBON)

1,000 contracts

As announced in Eurex Clearing circular 003/22, Eurex Clearing will introduce a transaction fee for individual non-disclosed TES or Eurex EnLight trades for Euro-Bono-Futures, as detailed in that circular’s attachment, effective date 1 March 2022.

Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

Front Office/Trading, Middle + Backoffice

Contact:

Jutta Frey-Hartenberger, Product R&D Fixed Income, tel. +49-69-211-1 49 88, jutta.frey-hartenberger@eurex.com

Related circular:

Eurex Clearing circular 003/22

Web:

www.eurex.com

Authorized by:

Michael Peters


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