Fees
Admission and Membership
We charge applicants a one-off admission fee of EUR 50,000 to become a Clearing Member,
as well as an annual membership fee of EUR 25,000. We designed our fee model to encourage Members
to take advantage of all the markets that we serve. For this reason, if you wish to become a
Clearing Member for any of the other markets we clear, we do not charge any additional admission
or membership fees.
Connection
In order to gain access to clearing services, we give our Members the choice between connecting via leased
lines or via internet, each with a bandwidth of 64 kbit/s. In order to gain access to our clearing services
for FWB/Xetra® and to our risk management facilities (Risk-based Margining), Members may (if applicable)
use their already existing connection(s) to Eurex Deutschland and Eurex Zürich.
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Connection Component
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Fee per Month in EUR
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Per 64 kbit/s bandwidth of a leased line
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450
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Per 64 kbit/s internet connection
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200
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Clearing Service Fee
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500
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Transaction
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| FWB Transactions |
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Fee per order:
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EUR 0.09
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Fee in EUR based on nominal value:
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0.001%
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The clearing fees apply only once per order regardless of whether partial orders are executed during
the day. Therefore, regardless of the number of same-day partial executions performed, members pay
one fee. Including the value-based fees of 0.001 percent, a maximum fee of EUR 3.89 is payable per
same-day (partially) executed order implying that orders valued at EUR 380,000 and upwards are capped
at EUR 3.89.
Rebates on Clearing Fees for Xetra® Transactions within the Automated Trading Program
The Xetra® Automated Trading Program (ATP) is designed to stimulate trading activity on the Xetra markets.
In order to foster this, the fixed component of clearing fees (EUR 0.09) is reduced for Xetra® transactions
which are generated as part of the Xetra® Automated Trading Program (ATP) according to the following rebate scheme:
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Number of executed ATP orders (per month)
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Marginal Rebate
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0 - 10,000
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0 percent for the first 10,000 orders
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10,001 - 20,000
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10 percent for the next 10,000 orders
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20,001 - 40,000
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20 percent for the next 20,000 orders
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40,001 - 80,000
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30 percent for the next 40,000 orders
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80,001 - 150,000
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40 percent for the next 70,000 orders
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150,001 - 300,000
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50 percent for the next 150,000 orders
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300,001 - 600,000
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60 percent for the next 300,000 orders
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600,001 - 1,200,000
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70 percent for the next 600,000 orders
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1,200,001 - ∞ |
80 percent for additional orders
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Fees for Delivery Management for Shares and Instruments Similar to Shares
Fees per security claim of the Clearing Member or against the Clearing Member on the due date:
EUR 0.40
Settlement Fees
For the settlement of FWB® transactions and Xetra® OTC transactions that have been cleared via Eurex
Clearing AG the following fees shall apply considering an effected set-off (netting) of the transaction
per settlement instruction:
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per securities transfer
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EUR 0.125
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plus cash transfer
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EUR 0.15
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The Clearing Member may determine the transaction to be used for netting by specifying those
transactions that are not supposed to be netted with other transactions. If, for example, the
transactions of a Clearing Member and its clients are summarized to one netting block, the result
is one single settlement instruction and, thus, a settlement fee of EUR 0.275 is charged in total
for the consolidated block.
The aforementioned fees will be charged for the use of the Basic Clearing Service; for more information,
please view more details on
transaction fees.
