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Nov 02, 2026

Eurex

Equity derivatives: Introduction of an equity option due to the spin-off of tk accelis Group AG & Co. KGaA from ThyssenKrupp AG

Eurex Circular 073/26 Equity derivatives: Introduction of an equity option due to the spin-off of tk accelis Group AG & Co. KGaA from ThyssenKrupp AG

1. Introduction

Due to the spin-off of tk accelis Group AG & Co. KGaA from ThyssenKrupp AG, the Management Board of Eurex Deutschland took the following decisions with effect from 5 November 2026: 
 

  • Introduction of an equity option pursuant to Annex B of the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland 
  • Amendments to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland (“Contract Specifications”), as outlined in Attachment 2 

To implement the aforementioned decisions, the Contract Specifications will be amended with effect from 5 November 2026. 

This circular contains all information on the introduction of the new products and the amended sections of the relevant rules and regulations of Eurex Deutschland. 

 Production start: 5 November 2026 

2. Required action

There is no action required for participation.

3. Details

A. Product overview 

Please refer to Attachment 1 for product details. 

B. Contract specifications and product parameters 

The contract specifications for the new single stock futures, single stock dividend futures, and equity options generally correspond to the existing contracts with the respective Eurex group ID, including trading hours and trading calendar, last trading day, settlement, and the determination of daily and final settlement prices. 

In addition, the naming of the underlyings of certain single stock futures and equity options has been amended, as outlined in the aforementioned Annexes to the Contract Specifications. 

The amended sections of the Contract Specifications can be found in Attachment 2. 

The full version of the updated Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland will be published on the Eurex website www.eurex.com as of start of trading under: 03. Contract Specifications.

C. Admission to the Eurex T7 Entry Services (TES)

The new products will be admitted to the Eurex T7 Entry Services (TES). Please refer to the attached Contract Specifications in Attachment 2 for the minimum block trade sizes at product level.

An overview of the T7 Entry functionalities available for the products, as well as detailed information on a single-product basis regarding availability, potential use, and minimum entry sizes for the various T7 Entry functionalities, can be found on the Eurex website under the following link: T7 Entry Service parameters.

D. Risk parameters

The risk parameters for the new products will be available on the Eurex website as of the start of trading under: Risk parameters and initial margins.

and on the Eurex Clearing website www.eurex.com/ec-en/ under the following path: Risk parameters.

An up-to-date list with details on Prisma-eligible Eurex products is also available there.

E. Excessive System Usage Fee and Order to Trade Ratio

The Excessive System Usage Fee and the Order-to-Trade Ratio for the new products have been defined in line with existing products (single stock futures, single stock dividend futures). Further information can be found on the Eurex website under the following links: Product Overview, Excessive System Usage Fee, Order to Trade Ratio.

F. Mistrade parameters and position limits

Mistrade ranges and position limits for the new products will be published as of start of trading on the Eurex website under the link: Product Overview.

G. Transaction limits

The same values apply as for existing products with the respective Eurex group ID. Detailed information can be found on the Eurex website under: Excessive System Usage Fee. 

H. Transaction fees

The transaction fees for the new products correspond to those for the respective existing products.

I. Vendor codes

At start of trading, vendor codes for the new products will be published on the Eurex website under the link: Vendor Codes.

Attachments:

  • Product overview
  • 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 groups: 

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

Contact: 

Derivatives Trading Operations, Tel. +49-69-211-1 12 10, eurextrading@eurex.com

Web: 

www.eurex.com

Authorized by: 

Jonas Ullmann


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