Eurex
1. Introduction
The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG took the following decisions with effect from 1 March 2024:
2. Required action
Liquidity Providers should adapt their quotation behavior accordingly.
3. Details of the initiative
In the Product Specific Supplement (“PSS”) “Foreign Exchange 01 – FX Futures and Rolling Spot Futures” a few amendments will be made to the quoting requirements. Furthermore, the incentive structure will be amended with effect from 1 March 2024.
Trading Participants will be entitled to receive monetary incentives in the form of fee rebates, revenue sharing and an additional supporter incentive upon fulfilling the order-book quoting requirements specified in the Attachment.
The PSS document will be amended with effect from 1 March 2024, as shown in 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 of this circular pursuant to Number 4 (2) of the Liquidity Provider Agreement.
The amended PSS “Foreign Exchange 01 – FX Futures and Rolling Spot Futures” will be provided 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: | Market Development & Pricing, eurex.pricing@eurex.com | |
Web: | ||
Authorized by: | Michael Peters |
Market Status ⓘ
XEUR
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