A member of
Eurex
1. Introduction
The Management Board of Eurex Deutschland took the following decision with effect from 1 September 2023:
Debt securities of the Republic of Italy that are explicitly issued as “BTP Valore” shall not be deliverable under Short term Euro-BTP-Futures Contracts, Mid term Euro-BTP-Futures Contracts and Euro-BTP-Futures Contracts.
Production start: 1 September 2023
This circular contains all information on the updated sections of the relevant Rules and Regulations of Eurex Deutschland.
2. Required action
There is no action required for participation.
3. Details of the initiative
In May 2023, Ministero dell’Economia e delle Finanze (MEF) Dipartimento del Tesoro, Italy announced a new family of government bonds named as BTP Valore. This new form of BTP Valore bond was admitted for individual retail investors and similarly classified persons only.
Due to the retail nature of the new BTP Valore bonds those bonds, similar to BTP Futura bonds, will not be included in the deliverable baskets of Euro-BTP-Futures, Short- and Medium Euro-BTP-Futures to ensure an orderly delivery process.
Attachment:
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: | jutta.frey-hartenberger@eurex.com, vassily.pascalis@eurex.com | |
Web: | www.eurex.com | |
Authorized by: | Michael Peters |
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.