15 Feb 2022
Eurex
Amendments to the Price List to the Connection Agreement, Provider Connection Agreement and STPIP and QTPIP Connection Agreement
This update was published on 21 April 2022.
UPDATE:
Please note that there was an error contained in the attachment of the previously published Eurex Circular 015/22. Please find here the unchanged circular with the corrected attachment. The correction relates to Section 2.2 of the attached Price List. The information which was contained in Eurex Circular 015/22 was correct (point 3.C in this circular).
1. Introduction
The Executive Board of Eurex Frankfurt AG has decided to amend the Price List to the Connection Agreement, Provider Connection Agreement and STPIP and QTPIP Connection Agreement (hereafter: “Price List”) as follows with effect from 1 April 2022:
A. Adjustment of fees in section 1.2 „Monthly fees for the technical connection via Multi-Member-System Provider“,
B. Discontinuation of market data product “Market Signals” offering via Eurex Frankfurt AG, deletion of section 1.4 „Monthly fees for Market Signals”,
C. Adjustment of monthly basis fee in section 2.2 „Basis fee for the utilization of the Exchange EDP”,
D. Fees for distribution of un-netted market data to be levied exclusively according to the Market Data Dissemination Agreement
2. Required action
- There is no action required for customers regarding the fee adjustments in sections 1.2 and 2.2 of the Price List.
The adjusted fees will be reflected in the customer invoices starting with the invoicing month of April 2022.
- Effective 1 April 2022, market data product “Market Signals” will no longer be offered via Eurex Frankfurt AG. Accordingly, Eurex Frankfurt AG will terminate the product “Market Signals” with existing customers with effect from 31 March 2022. As of 1 April 2022, the product will be offered exclusively via the Market Data Dissemination Agreement of Deutsche Börse AG (MDDA).
In case you have not yet been using product “Market Signals” via the MDDA agreement, please contact our Data Services Team via e-mail: mds.agreements@deutsche-boerse.com.
3. Details
A. Adjustment of fees in section 1.2 „Monthly fees for the technical connection via Multi-Member-System Provider“
Currently, the differing allocation of fees for bandwidth depending on the number of sessions will be harmonized. For a bandwidth of 10,000 Mbit/s, the same allocation as for smaller bandwidths will be applied, i.e. (i) up to two sessions, (ii) three to six sessions and (iii) more than six sessions.
The fees will be adjusted as follows:
B. Discontinuation of market data product “Market Signals” offering via Eurex Frankfurt AG
Effective 1 April 2022, market data product “Market Signals” will no longer be offered via Eurex Frankfurt AG. As of 1 April 2022, the product will be offered exclusively via the MDDA of Deutsche Börse AG. As regards MDDA, please contact our Data Services Team via e-mail: mds.agreements@deutsche-boerse.com.
Since “Market Signals” will only be available via Deutsche Börse AG starting 1 April 2022, section 1.4 „Monthly fees for Market Signals” of the Price List will be deleted.
C. Adjustment of monthly basis fee in section 2.2 „Basis fee for the utilization of the Exchange EDP”
The monthly basis fee for Multi-Member Service Providers according to section 2.2 will be adjusted from €3,000 to €4,000.
D. Fees for distribution of un-netted market data to be levied exclusively according to the MDDA
As of 1 April 2022, the fees for distribution of un-netted market data will exclusively be levied in accordance with the MDDA of Deutsche Börse AG. As regards MDDA, please contact our Data Services Team via e-mail: mds.agreements@deutsche-boerse.com.
Accordingly, section 2.3 “Dissemination of un-netted market data to Trading Participants via Multi-Member System Provider installations” of the Price List will be deleted.
The amended sections of the Price List are attached to this circular. The full version of the updated Price List will be published on the Eurex website www.eurex.com as of the effective date under this link:
Rules & Regs > Eurex Rules & Regulations > 04. Connection Agreements
Pursuant to § 9 of the General Terms and Conditions of the Agreement Concerning the Technical Connection and the Utilization of the Exchange EDP of Eurex Deutschland (Connection Agreement), Eurex Frankfurt AG is entitled to amend the General Terms and Conditions at any time, having due regard to the interests of the Trading Participant. Amendments to the General Terms and Conditions will be notified to Trading Participants at least six (6) weeks prior to their effective date. They are deemed to have been approved if the Trading Participant does not lodge objections in writing with Eurex Frankfurt AG within six (6) weeks of notification of the amendment.
Attachment (Update):
- Updated sections of the Price List to the Connection Agreement, Provider Connection Agreement and STPIP and QTPIP Connection Agreement, effective as of 1 April 2022
Further information
Recipients: | All Trading Participants of Eurex Deutschland and Vendors, Multi-Member Service Providers | |
Target groups: | Front Office/Trading, Middle + Backoffice | |
Contact: | client.services@eurex.com, mds.agreements@deutsche-boerse.com | |
Web: | www.eurex.com | |
Authorized by: | Randolf Roth |
