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31 Jan 2019

Eurex Clearing

Total Return Futures: Implementation of maintenance fees for Total Return Futures on the EURO STOXX 50® Index (TESX)

As announced in Eurex Clearing circular 127/16, for open positions, Eurex Clearing will charge maintenance fees for Total Return Futures on STOXX® Indices. The maintenance fee shall be determined on a daily (calendar day) basis, it shall be calculated and reported once at the end of a calendar month. The calculation will be based on the daily end-of-day open positions (contracts long and short).

Effective 1 March 2019, the following measures of Eurex Clearing AG will apply:

- Implementation of the maintenance fees for Total Return Futures on STOXX® Indices

- Amendment of the maintenance fees applicable to M-account open positions in the Price List of Eurex Clearing AG to a daily fee of EUR 0.00100

Amendment of the existing Liquidity Provider scheme for EURO STOXX 50® Index Total Return Futures to incorporate maintenance fees within the definition of revenues eligible for revenue sharing for qualifying participants.

Please refer to Eurex circular 011/19 and the respective attachment “Product Specific Supplement to the Liquidity Provider Agreement for Total Return Futures on the EURO STOXX® 50 Index".

Market Status

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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. 

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