A member of
Eurex
1. Introduction
The Executive Boards of Eurex Frankfurt and Eurex Clearing decided to amend the Liquidity Provider Program for Options on VSTOXX® Futures and the Product Specific Supplement (hereinafter “PSS”) “Options on Futures on VSTOXX® Index” as of 1 February 2024.
2. Required action
Liquidity Providers should adapt their quotation behavior accordingly.
3. Details of the initiative
In order to foster liquidity in Options on VSTOXX Futures and to improve the price picture in the Eurex order book, the Executive Boards of Eurex Frankfurt and Eurex Clearing changed the requirements and incentives for Liquidity Providers.
The PSS will be amended with effect from 1 February 2024, as shown in the Attachment. The amendments will be deemed to have been approved if Liquidity Provider do not lodge objections with Eurex Frankfurt and Eurex Clearing within two (2) weeks after publication of this circular pursuant to Number 4 (2) of the Liquidity Provider Agreement.
As of 1 February 2024, the PSS will also be available individually 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, Auditing/Security Coordination | |
Contact: | client.services@eurex.com | |
Web: | ||
Authorized by: | Randolf Roth |
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