1. Introduction
The Management Board of Eurex Deutschland took the following decisions with effect from 2 May 2023:
- Cancellation of admission to trading of all Futures Contracts on Interest Rate Swaps at Eurex Deutschland, denominated in euro, with terms of 2, 5, 10 and 30 years (product IDs: FSWS, FSWM, FSWL, FSWX).
- Change of methodology for the determination of contract price intervals for off-book trades in Federal Republic of Germany and Swiss Confederation Futures to match the remaining suite of Fixed Income Futures as per the updated subpart 3.1.2 of Attachment 1.
Production start: 2 May 2023
This circular contains all information on the products with cancellation of admission to trading and the updated sections of the relevant Rules and Regulations of Eurex Deutschland.
2. Required action
There is no specific action required.
3. Details of the initiative
A. Cancellation of futures contracts on Interest Rate Swaps
Trading in the products FSWS, FSWM, FSWL, and FSWX was already suspended with effect from 27 January 2023.
B. Harmonization of entry interval prices for off-book trades for Fixed Income Futures
The applied change will harmonize all Fixed Income futures so as they follow the same methodology as defined in the Contract Specifications, section 3.1.1.
As of the effective date, the full version of the updated Contract Specifications will be published on the Eurex website www.eurex.com under:
Rules & Regs > Eurex Rules & Regulations > 03. Contract Specifications
Attachments:
- 1 – Updated sections of the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland
- 2 – Updated sections of the Annexes to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland
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: | | Vassily Pascalis, Fixed Income Sales, tel. +44 207 862- 72 11, vassily.pascalis@eurex.com; Maesa Beany, Product R&D Fixed Income, tel. +44 207 8 62-72 35, maesa.beany@eurex.com; Jutta Frey-Hartenberger, Product R&D Fixed Income, tel. +49 69 211-1 49 88, jutta.frey-hartenberger@eurex.com |
Related circulars: | | Eurex Circulars 107/14, 122/14, 183/14, Eurex Clearing Circular 022/23 |
Web: | | www.eurex.com |
Authorized by: | | Randolf Roth |