Eurex
1. Introduction
The Executive Board of Eurex Frankfurt AG took the following decision with effect from 1 January 2023:
2. Required action
There is no action required for participation. The amendments of Eurex Circular 115/22 remain valid and are only extended by a clarifying addition.
3. Details
In the context of the prolongation of existing Liquidity Provider programs (Eurex circular 115/22) the validity of various PSS was prolonged and several amendments to programs’ parameters were announced. The passed amendments of Eurex Circular 115/22 remain valid but will be extended by an addition to the terminology used for the measurement of maximum spread requirements. The reasoning is to prevent any potential misinterpretations in this regard. The change of the measurement unit is only a clarifying addition.
The PSS will be amended with effect from 1 January 2023, as shown in the attachment. The amendments shall be deemed approved unless objected to with Eurex Frankfurt AG and Eurex Clearing AG within a period of two weeks after notification of this circular pursuant to Number 4 (2) of the Liquidity Provider Agreement.
All amended PSS are attached to this circular. Please refer to the respective PSS for the details of the amendments.
Until 31 December 2022, the PSS will also be available individually in PDF format on the Eurex website www.eurex.com under the following path:
Trade > Market-Making and Liquidity provisioning
Attachment:
Further information
Recipients: | All Trading Participants of Eurex Deutschland and Vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
Related circular: | Eurex Circular 115/22 | |
Contact: | Pricing & Market Making, eurex.pricing@eurex.com | |
Web: | Trade > Market-Making and Liquidity provisioning | |
Authorized by: | Randolf Roth |
Market Status ⓘ
XEUR
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