1. Introduction
The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG took the following decision, with effect from 1 September 2023:
- Amendment to the Liquidity Provider Scheme for Three-Month Euro STR Futures and 3M SARON® Futures
The Liquidity Provider scheme supports the launch of the Three-Month Euro STR Futures, which started trading on 23 January 2023, and develops liquidity in the 3M SARON® Futures.
For details of the Liquidity Provider scheme, please refer to the attached Product Specific Supplement (PSS).
The new scheme terms will be valid from 1 September 2023 until 31 January 2024.
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: 1 September 2023
2. Required action
There is no action required for participation.
3. Details
To support the launch of the Three-Month Euro STR Futures and develop liquidity in the 3M SARON® Futures, Eurex introduced a Liquidity Provider Scheme effective from 23 January 2023.
Market participants are 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 are also available on the Eurex website under the following link:
Trade > Market-Making and Liquidity provisioning
Attachment:
- PSS Fixed Income 15 – Money Market Futures
Further information
Recipients: | | All Trading Participants of Eurex Deutschland and Vendors |
Target groups: | | Front Office/Trading, Middle + Backoffice, IT/System Administration, Revision/Security Coordination |
Contact: | | Pricing & Market Making, eurex.pricing@eurex.com |
Related circulars: | | Eurex circular 108/22 |
Web: | | Trade > Market-Making and Liquidity provisioning |
Authorized by: | | Randolf Roth |