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15 Dec 2023

Eurex

Volatility Derivatives: Change in Final Settlement Price calculation in VSTOXX® Futures and delisting of Futures on Euro Stoxx 50® Realized Dispersion Index

Eurex Circular 110/23 Volatility Derivatives: Change in Final Settlement Price calculation in VSTOXX® Futures and delisting of Futures on Euro Stoxx 50® Realized Dispersion Index

1.  Introduction

The Management Board of Eurex Deutschland made the following decision with effect from 15 January 2024

  • to delist Futures on Euro Stoxx 50® Realized Dispersion Index (Product ID FESD)

Furthermore, Eurex Clearing AG determined to extend the calculation period of the Final Settlement Price in Futures on VSTOXX® Index (Product ID FVS) from the period between 11:30 AM to 12:00 PM CE(S)T to the period between 11:00 AM to 12:00 PM CE(S)T on Final Settlement Day. This change affects all contracts that are listed after 15 January 2024.

The corresponding decision of the Executive Board of Eurex Clearing AG is published in a separate circular.

Production start: 15 January 2024

2.  Required action

There is no specific action required for participation.

3.  Details

The admission to trading for Euro Stoxx 50® Realized Dispersion Index Futures, pursuant to Section 1.5.1 (2) of the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland will be cancelled with effect from 15 January 2024.

Attachments:

  • 1 – Amended sections of the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland
  • 2 – Amended sections of the Annexes to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland


Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target group:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Contact:

Sascha Semroch, Equity & Index Product Design, tel. +49-69-211-1 50 78, sascha.semroch@eurex.com

Web:

www.eurex.com

Authorized by:

Randolf Roth


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