A member of
Eurex
1. Introduction
The Executive Board of Eurex Frankfurt AG took the following decision with effect from 1 May 2023:
2. Required action
Liquidity Providers should adapt their quotation behavior accordingly.
3. Details of the initiative
A few amendments of quoting parameters for the quotation of quarterly calendars, as well as quoting the basis, will be made. These changes, which are mainly relaxations of quote spreads also in response to higher volatility, will be made in addition to the ones already announced with Eurex circular 014/23 for the same effective date.
The PSS will be amended with effect from 1 May 2023, as shown in the attachment. The amendment shall be deemed approved unless Eurex Frankfurt AG and Eurex Clearing AG object within a period of two weeks after notification of this circular pursuant to Number 4 (2) of the Liquidity Provider Agreement.
The current version of the PSS is also available in PDF format on the Eurex website www.eurex.com under the following path:
Trade > Market-Making and Liquidity provisioning
Attachment:
Further information
Recipients: | All Trading Participants of Eurex Deutschland and Vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Revision/Security Coordination | |
Contact: | Pricing & Market Making, eurex.pricing@eurex.com | |
Related circulars: | Eurex circular 014/23 | |
Web: | Trade > Market-Making and Liquidity provisioning | |
Authorized by: | Randolf Roth |
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XEUR
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