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29 Nov 2023

Eurex

Derivatives on Cryptocurrencies: Adjustment of the Liquidity Provider scheme

Eurex Circular 103/23 Derivatives on Cryptocurrencies: Adjustment of the Liquidity Provider scheme

1.    Introduction

The Executive Board of Eurex Frankfurt AG decided, with effect from 1 December 2023, to amend the Product Specific Supplement (PSS)

  • “Equity Index 69 – Futures and Options on FTSE Bitcoin Index”

according to the Attachment.

2.    Required action

There is no required action for the Trading Participants.

3.    Details of the initiative

Required coverage and strike price window for options on cryptocurrencies (Product IDs: OBTU/OBTE) will be amended according to the Attachment.

The amendments shall be deemed approved, unless objected to Eurex Frankfurt AG and Eurex Clearing AG within a period of two weeks after notification by means of this circular pursuant to Number 4 (2) of the Liquidity Provider Agreement.

PSS „Equity Index 69 - Futures and Options on FTSE Bitcoin Index” will be provided in PDF format on the Eurex website www.eurex.com under the following link:

Trade > Market-Making and Liquidity provisioning
 

Attachment:

  • Amended Product Specific Supplement „Equity Index 69 - Futures and Options on FTSE Bitcoin Index”, effective as of 1 December 2023


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

Web:

www.eurex.com

Authorized by:

Randolf Roth


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