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 (Xetra® and Floor Trading) |
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Fee per order:
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EUR 0.30
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Fee in EUR based on nominal value:
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0.0015%
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The clearing fees for Xetra and FWB transactions 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 0.0015 percent, a maximum fee of EUR 6.00 is payable per same-day
(partially) executed order implying that orders valued at EUR 380,000 and upwards are capped at EUR 6.00.
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 0.30) 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 - 6,500
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0 percent for the first 6,500 orders
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6,501 - 25,000
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7 percent for the next 18,500 orders
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25,001 - 50,000
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14 percent for the next 25,000 orders
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50,001 - 75,000
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21 percent for the next 25,000 orders
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75,001 - 100,000
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28 percent for the next 25,000 orders
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100,001 - 150,000
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35 percent for the next 50,000 orders
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150,001 - 225,000
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42 percent for the next 75,000 orders
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225,001 - ∞ |
49 percent for additional orders
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For Xetra OTC transactions and "Broker-mediated Custodian to Bank Transactions" on FSE Floor,
the clearing fee payable is 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 0.30
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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 0.425 is charged in total for the consolidated block.
View more details on transaction fees.
