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Oct 16, 2023

Eurex

Derivatives on Cryptocurrencies: Tradability of Options on FTSE Bitcoin Index Futures in USD and EUR in the U.S.

Eurex Circular 086/23 Derivatives on Cryptocurrencies: Tradability of Options on FTSE Bitcoin Index Futures in USD and EUR in the U.S.

1.   Introduction

With effect from the first trading day, 23 October 2023, the following the following options on cryptocurrency futures will be activated for tradability in the U.S.:

Product name

Product ID

Currency

Capacity Group

Options on FTSE Bitcoin Index Futures (EUR)

OBTE

EUR

Cash EUR - CFTC

Options on FTSE Bitcoin Index Futures (USD)

OBTU

USD

Cash USD - CFTC

Start of production: 23 October 2023

2.   Required action

There is no action required for participation in trading in these products.

3.   Details

Eurex Deutschland submitted a written request to the Division of Market Oversight of the Commodity Futures Trading Commission (CFTC) to offer Options on FTSE Bitcoin Index Futures (EUR and USD) in the U.S., and the CFTC has notified Eurex that these contracts may be made available for trading in the U.S.

According to Eurex Deutschland's registration as a "Foreign Board of Trade", the above-mentioned products can be offered or sold to persons in the U.S. via Eurex terminals with direct access in the U.S.


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:

client.services@eurex.com or Rachna Mathur, rachna.mathur@eurex.com, Equity and Index Sales America, tel. +1 212 309 93 08

Web:

www.eurex.com 

Authorized by:

Randolf Roth


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XEUR

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