Find
13 Dec 2022

Eurex

FX Derivatives: Temporary transaction fee waiver for FX Futures and amendments of the revenue sharing calculation

Eurex Circular 119/22 FX Derivatives: Temporary transaction fee waiver for FX Futures and amendments of the revenue sharing calculation

1.  Introduction

Effective from 1 January 2023 until 31 March 2023, Eurex Clearing AG will waive the TES transaction fees for FX Futures as further detailed below. 

Production start: 1 January 2023

2.  Required action

There is no required action for the participants. 

3.  Details

To promote the block and EFP trading activity in the existing FX Futures (all G10 and EM FX Futures and Rolling Spot Futures), Eurex Clearing AG will offer a fee waiver regarding the TES transaction fees in FX Futures, pursuant to Number 3.1 of the Price List of Eurex Clearing AG. This fee waiver will be effective from 1 January 2023 until 31 March 2023.

The transaction costs for order book remain unaffected by this fee waiver.

Furthermore, during the same period from 1 January 2023 to 31 March 2023, Eurex Frankfurt AG and Eurex Clearing AG will temporarily suspend the reduction of USD 0.05 per traded contract in the calculation of the Revenue Sharing Pool, as described in Number 4.1 in the "PSS FX 01 - FX Futures and FX Rolling Spot Futures". 

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

Web:

www.eurex.com

Related circular:

Eurex Clearing circular 093/22

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.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.