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Fixed Income Futures: New Liquidity Provider Scheme for Mid-Term Euro-BTP Futures

Release date: 25 Jan 2019 | Eurex Clearing

No. 010/19 Fixed Income Futures: New Liquidity Provider Scheme for Mid-Term Euro-BTP Futures

Effective 1 February 2019, the following measures of Eurex Clearing will come into effect:

Payments of rebates and revenue sharing for Mid-Term Euro-BTP Futures (FBTM), as outlined in the “Product Specific Supplement” to the “Liquidity Provider Agreement” (LPA), which is attached to Eurex circular 008/19.

The Liquidity Provider (LP) scheme will run from 1 February 2019 until 31 December 2019 and covers the following incentive components:

  1. Fee rebates as outlined in the “Product Specific Supplement” to the LPA;
  2. Revenue sharing scheme as outlined in the “Product Specific Supplement” to the LPA (limited to a maximum of three LPs);
  3. Additional incentive of 50 percent of revenues as an “Additional Supporter Incentive” for the top three LPs for next three months (1 January 2020 until 31 March 2020).

Please refer to Eurex circular 008/19 and the respective attachment “Product Specific Supplement” for detailed information.

Further information