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Extension of product scope for Eurex EnLight

Release date: 08 Jun 2018 | Eurex Exchange

No. 045/2018 Extension of product scope for Eurex EnLight

Eurex Deutschland has recently launched its electronic request-for-quote (RFQ) service called Eurex EnLight in order to provide Trading Participants a platform to electronically negotiate off-book transactions. With this service, Eurex Deutschland aims to support Trading Participants in proving compliance with the “best execution-requirement” under MiFID II and to improve overall operational efficiency and transparency.

All Trading Participants can use Eurex EnLight with no requirement to enter into additional agreements with Eurex Deutschland. Eurex EnLight can be accessed through the Eurex T7 GUI and / or ETI. For further questions regarding the operational set-up, please contact your Key Account Manager Trading.

Eurex EnLight is currently available for fixed-income options and futures only. It is planned to further continue the roll-out of Eurex EnLight by extending the product scope to equity and equity index derivatives.

This extension will start with enabling the use of Eurex EnLight for equity options, equity index options and equity index futures on Swiss underlyings on 19 June 2018.

The readiness reward referred to in Eurex circular 009/18 will also apply to this new product extension.