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14 Oct 2022

Eurex

Fixed Income derivatives: Introduction of a Liquidity Provider Scheme for Euro High Yield Index Futures

Eurex Circular 095/22 Fixed Income derivatives: Introduction of a Liquidity Provider Scheme for Euro High Yield Index Futures

1.    Introduction

The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG took the following decision, with effect from 17 October 2022:

  • Introduction of a Liquidity Provider Scheme for Bloomberg Liquidity Screened Euro High Yield Index Futures

The Liquidity Provider scheme will support the launch of Futures on the Bloomberg Liquidity Screened Euro High Yield Index that start trading on 17 October 2022

For details of the Liquidity Provider scheme, please refer to the attached Product Specific Supplement (PSS).

The new quotation requirements will be valid from 17 October 2022 until 31 December 2025.

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

Trade > Market-Making and Liquidity provisioning

Production start: 17 October 2022

2.    Action required

There is no action required for participation.

3.    Details 

To support the launch of the Bloomberg Liquidity Screened Euro High Yield Index Futures, Eurex introduces a Liquidity Provider Scheme effective from 17 October 2022. 

Market participants will be entitled to receive monetary incentives in the form of fee rebates and additional incentives upon fulfilling the order-book quoting requirements specified in the document attached.

Please refer to the attached Product Specific Supplement, which is also available on the Eurex website under the following link:

Attachment:

  • Fixed Income XX – Bloomberg Euro High Yield Index Futures

Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

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

Contact:

Pricing & Market Making, eurex.pricing@eurex.com

Related circular:

Eurex circular 086/22

Web:

Trade > Market-Making and Liquidity provisioning

Authorized by:

Michael Peters


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