Eurex
1. Introduction
The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG took the following decisions with effect from 1 February 2023:
The new Liquidity Provider scheme for Futures on the Bloomberg Euro Corporate SRI Index and the amendments to the Liquidity Provider scheme for Futures on the Euro High Yield index will support the growth in traded activity of the two products.
For details of the Liquidity Provider schemes, please refer to the attached Product Specific Supplements (PSS).
The new quotation requirements will be valid from 1 February 2023 until 31 December 2025.
The PSS will be provided as single PDF files on the Eurex website www.eurex.com under the following path: Trade > Market-Making and Liquidity provisioning.
Production start: 1 February 2023
2. Required action
There is no action required for participation.
3. Details
A. Introduction of a new Liquidity Provider Scheme for Bloomberg MSCI Euro Corporate SRI Index Futures
To further support the adoption of Bloomberg MSCI Euro Corporate SRI Index Futures, Eurex introduces a new Liquidity Provider Scheme effective from 1 February 2023.
Market participants will be entitled to receive monetary incentives in the form of fee rebates and additional incentives upon fulfilling the order-book quoting requirements specified in Attachment 1. Such additional monetary incentives will continue until 31 December 2023.
B. Change of quoting obligation for Euro High Yield Index Futures
In order to continue supporting the adoption of the futures on the Euro High Yield Index and to increase price transparency of the order-book, quotation obligations for its Liquidity Provider scheme will be amended, with effective date on 1 February 2023.
Please refer to the attached Product Specific Supplement in Attachment 2, which is also available on the Eurex website under the following link:
Trade > Market-Making and Liquidity provisioning
Attachments:
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: | Pricing & Market Making, eurex.pricing@eurex.com | |
Related circular: | ||
Web: | ||
Authorized by: | Michael Peters |
Market Status ⓘ
XEUR
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