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25 Mar 2024

Eurex

Equity Index Derivatives: Introduction of Liquidity Provider Schemes for Total Return Futures on MSCI World, EAFE and EM indices

Eurex Circular 033/24 Equity Index Derivatives: Introduction of Liquidity Provider Schemes for Total Return Futures on MSCI World, EAFE and EM indices

1.   Introduction

The Executive Board of Eurex Frankfurt AG took the following decision with effect from 1 April 2024:

  • Liquidity Provider Schemes will be offered to Trading Participants of Eurex Deutschland for Total Return Futures on MSCI World, EAFE and EM Indices set out in the attached Product Specific Supplements (PSS).

The quotation requirements will be valid from 1 April 2024 until 31 December 2025

2.   Required action

There is no action required for participation in trading in these products.

3.   Details 

Trading Participants at Eurex Deutschland will be entitled to receive monetary incentives in the form of fee rebates upon fulfilling the order-book quoting requirements specified in the PSS 76, 77 and 78 attached. Such monetary incentives will continue until the 31 December 2025.

For details of the Liquidity Provider Schemes, please refer to the attached Product Specific Supplements.

The PSS will be provided as a single PDF file on the Eurex website www.eurex.com under the following link:

Trade > Market-Making and Liquidity provisioning

Attachments:

  • 1 – Equity Index 76 PSS to Eurex Liquidity Provider Agreement
  • 2 – Equity Index 77 PSS to Eurex Liquidity Provider Agreement
  • 3 – Equity Index 78 PSS to Eurex Liquidity Provider Agreement


Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination

Related circulars:

Eurex Circular 016/24, 019/24

Eurex Clearing Circular 008/24

Contact:

Damien Zinck, Equity & Index Sales Americas, 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. +44-207-862-72 65, elena.marchidann@eurex.com

Web:

www.eurex.com

Authorized by:

Randolf Roth


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