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22 Mar 2024

Eurex

Equity Index Derivatives: Amendment of the Eurex Flow Incentive Model

Eurex Circular 032/24 Equity Index Derivatives: Amendment of the Eurex Flow Incentive Model

1.  Introduction

Eurex Clearing AG and Eurex Frankfurt AG (together “Eurex”) introduced the scheme “Flow Incentive Model” as of 1 January 2024, announced with Eurex Circular 001/24.

The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG decided to amend the Terms of the Eurex Flow Incentive Model with effect from 15 April 2024 and to extend the registration deadline until 15 April 2024.

2.  Action required/Requirements for participation

Trading Participants of Eurex Deutschland (“Trading Participants”), who are interested to participate and receive further information on this Model, should contact Eurex via e-mail to rachna.mathur@eurex.com or eurex.pricing@eurex.com.

After indicating their interest to participate in the Program, Eurex will provide the interested Trading Participants with the respective Registration Form and Terms of the Model.

Interested Trading Participants must send the Registration Form to client.services@eurex.com by 15 April 2024 at the latest to register for the Program.

A new registration for Participants already registered for the Model today is not required. Those Participants will be granted the new terms automatically.

Trading Participants whose Registration Forms are received by 15 April 2024 will be included in the Model with retroactive effect from 1 January 2024.

3.  Details of the initiative

The Eurex Flow Incentive Model is an incentivization scheme for selected Equity Index Futures (MSCI, Sector, Dividend and Total Return Futures) targeting Trading Participants who make a significant contribution to the further growth in these product segments.

To receive additional rebates on their net fees accumulated in these segments, Trading Participants need to fulfil certain requirements which are defined in the Terms of the Model.

For participation, a registration to this Model is required. 


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:

Submission of the Registration Form: client.services@eurex.com

For all other purposes, such as Marketing/Sales Initiative planning or questions on the Flow Incentive Model: Rachna Mathur, rachna.mathur@eurex.com OR Market Development & Pricing, eurex.pricing@eurex.com

Web:

www.eurex.com

Authorized by:

Michael Peters


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