Eurex Deutschland is required to verify the due diligence of its Trading Participants on an annual basis in order to ensure that all Trading Participants are compliant with the requirements of Eurex Deutschland applicable to the usage of their electronic order systems.
The applicable regulatory requirements are stipulated in Commission Delegated Regulation 2017/584 of 14.7.2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council regarding regulatory technical standards specifying organizational requirements of trading venues.
Article 7 of Commission Delegated Regulation 2017/584 obliges trading venues to set out conditions for using its electronic order submission system by its members and to conduct a due diligence assessment of their members against those conditions on an annual basis. These requirements are transposed into the applicable Exchange Rules of Eurex Deutschland.
In addition, the Due Diligence Statement shall verify compliance with § 51 of the Exchange Rules of Eurex Deutschland outlining the requirements for usage of Input Devices outside registered Trading Locations of the admitted company.
2. Required action
Trading Participants of Eurex Deutschland are required to submit the Due Diligence Statement by latest 10 February 2023.
The Due Diligence Statement is available here.
Central Coordinators are requested to enter their company details, the personal PIN (please note that the PIN only belongs to the Central Coordinator and is the same PIN that was used to submit the latest Readiness Statement), tick the respective boxes and submit the Due Diligence Statement.
Should you have lost your PIN or not received a PIN please contact your Key Account Manager.
Should you have any questions regarding the Due Diligence Statement please contact your Key Account Manager or email@example.com.
3. Details of the Regulation
The Eurex Deutschland annual Member Due Diligence Statement relates to the audit period January to December 2022 and covers the following categories:
All Trading Participants of Eurex Deutschland
|Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination, Central Coordinators, Compliance|
Your Key Account Manager or firstname.lastname@example.org
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.
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.