Eurex
1. Introduction
The Management Board of Eurex Deutschland took the following decisions with effect from Monday, 11 March 2024:
Detailed changes to the Contract Specifications are included in the Attachments.
This circular contains all information on the introduction of the new products and the updated sections of the relevant Rules and Regulations of Eurex Deutschland.
Production start: Monday, 11 March 2024
2. Required action
Participants interested to trade MSCI Index TRF products are recommended to completely analyze the potential impact in their internal systems and procedures of the above changes.
3. Details
A. Product overview and contract specifications
Please refer to Attachment 1 for the product overview and contract specifications in table format.
Attachment 2 contains the complete amendments to the Contract Specifications for MSCI Index TRF products, Attachment 3 shows the amendments to Annex C to the Contract Specifications.
The full version of the updated Contract Specifications will be published on the Eurex website www.eurex.com as of start of trading under:
Rules & Regs > Eurex Rules & Regulations > 03. Contract Specifications
B. Admission to the Eurex T7 Entry Services (TES)
The new products will be admitted to the Eurex T7 Entry Services (TES). You can find the minimum block trade sizes on product level in the attached Contract Specifications (Attachment 3).
An overview of the Eurex T7 Entry Services available for the products as well as detailed information on single product basis with regard to availability, possibility of utilization and minimum entry size for the Eurex T7 Entry Services is available on the Eurex website under the link:
Data > Trading files > T7 Entry Service parameters
C. Transaction Size Limits (TSL) Product Group
The new products will be included in the following TSL Product Group: TRF
D. C7 Capacity and Product Group
E. Fees for the MSCI Index TRF products denominated in USD
The following transaction fees shall apply to the new products:
The following cash settlement fees shall apply to the new products:
The following daily accrued maintenance fees shall be charged for the open positions with the new products:
The full version of the updated Price List of Eurex Clearing AG will be published on the Eurex Clearing website www.eurex.com/ec-en/ under the link:
Rules & Regs > Eurex Clearing Rules & Regulations > 3. Price List
F. Vendor codes
At start of trading, vendor codes for the new products will be published on the Eurex website under the link:
Markets > Product Overview > Vendor Codes
G. Risk parameters
As of start of trading, risk parameters of the new products will be published on the Eurex website under the link:
Data > Clearing files > Risk parameters and initial margins
and on the Eurex Clearing website www.eurex.com/ec-en/ under the following link:
You will also find an updated list with details regarding Prisma-eligible Eurex products under this path.
H. Mistrade parameters
Mistrade ranges and position limits for the new products will be published as of start of trading on the Eurex website under the link:
Attachments:
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: | Damien Zinck, Equity & Index Sales America, tel. +1-312-544-10 51, damien.zinck@eurex.com; Stuart Heath, Equity & Index Product Design, tel. +44-207-862-72 53, stuart.heath@eurex.com; Elena Marchidann, Equity & Index Product Design, tel. +44 20 7862 72 65, elena.marchidann@eurex.com | |
Web: | www.eurex.com | |
Authorized by: | Randolf Roth |
Market Status ⓘ
XEUR
The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.
Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message.
We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.
An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.
