Eurex
1. Introduction
As of 31 May 2021, the Eurex FX Derivatives (Classic FX Futures, Rolling Spot Futures and Options on Classic FX Futures), will also become available for trading on Eurex EnLight.
Production start: 31 May 2021
The Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland (Contract Specifications) will be amended according to the Attachment with effect as of 31 May 2021.
The full version of the updated Contract Specifications will be published on the Eurex website as of start of trading under:
Rules & Regs > Eurex Rules & Regulations > Contract Specifications
2. Required action
In order to act as a Requester and/or Responder for these new products on Eurex EnLight, entitlements must be set at trader user level. Please contact your Key Account Manager for further information.
In order to add a Responder to the Eurex EnLight White List and Smart List, please also contact your Key Account Manager.
3. Details of the initiative
As a supporting measure, Eurex Frankfurt AG (EFAG) and Eurex Clearing AG (ECAG) will extend the Liquidity Provision rebate structure for the Eurex FX Derivatives to the transactions traded on Eurex EnLight. The same rebate level will apply to the transactions traded via Eurex EnLight and via Eurex T7 Entry Services.
The respective Product Specific Supplements (PSS) will be amended according to Annexes 3 and 4 to Eurex Circular 024/21 with effect as of 1 May 2021. The amendments will be deemed to have been approved if Liquidity Providers do not lodge objections with EFAG and ECAG within fifteen (15) business days of notification of these amendments. EFAG and ECAG reserve the right to terminate in the event Liquidity Provider objected to a proposed amendment pursuant to Section 9 Paragraph 2 lit. c) of the Liquidity Provider Agreement which is provided on the Eurex website.
As per Eurex Clearing Circular 025/21, the Price List of Eurex Clearing AG will also be amended in order to reflect the appropriate updates needed to support the Eurex EnLight extension of FX derivatives.
Please refer to the Attachment for the new scope of products that will be available for trading in Eurex EnLight as of 31 May 2021.
Attachment:
Further information
Recipients: | All Trading Participants of Eurex Deutschland and Vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration | |
Related circular: | Eurex Circular 024/21 | |
Contact: | client.services@eurex.com | |
Web: | ||
Authorised 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.
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