Eurex Clearing
Dear Client,
With this Newsflash, we would like to draw your attention to additional testing opportunities in simulation to facilitate the Next Generation ETD Contracts initiative.
Additional corporate action on Tuesday, 31 January 2023
On Tuesday, 31 January 2023, an R-factor corporate action adjustment on Single Stock Options “BAY” and Single Stock Futures “BAYP” with effective date 1 February 2023 will be initiated in the simulation environment. Both products will be adjusted with an R-factor of 0.90.
Name | Product ID | Product ISIN | Strike | Trading unit | ||||
Bayer Option | BAY | DE000BAY0017 | Example 7,000 | 100 | ||||
Bayer Physical Future | BAYP | DE000A2RPNP7 | -- | 100 | ||||
After Corporate Action | ||||||||
Bayer Option | BAY | DE000BAY0017 | 6,300 | 111,1111 | ||||
Bayer Physical Future | BAYP | DE000A2RPNP7 | -- | 111,1111 |
Trading and Clearing participants are encouraged to test to ensure a smooth transition to the new Next Generation ETD concept. Trading and Clearing simulation batch days and events are available on the simulation calendar. The simulation calendar can be found on the Eurex Clearing website under the following path:
Support > Initiatives & Releases > Simulation calendar.
Learn now more about Next Generation ETD Contracts on our dedicated initiative page under the following link:
Support > Initiatives & Releases > Readiness for projects > Next Generation ETD Contracts.
System documentation, circulars, timeline and much more information is available there for you.
If you have any further questions or comments, please send an e-mail to: client.services@eurex.com.
Kind regards,
Your Client Services Team
Visit the Next Generation ETD Contracts webpage for all your Clearing and Trading content!
Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Front Office/Trading, Middle + Back Office, IT/System Administration | |
Contact: | client.services@eurex.com | |
Web: | Support > Initiatives & Releases > Readiness for projects > Next Generation ETD Contracts |
