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02 Aug 2023

Eurex

Derivatives on Cryptocurrencies: Amendment of the “Product Specific Supplement for Futures on FTSE Bitcoin Index”

Eurex Circular 059/23 Derivatives on Cryptocurrencies: Amendment of the “Product Specific Supplement for Futures on FTSE Bitcoin Index”

1.   Introduction

The Executive Board of Eurex Frankfurt AG took the following decision with effect from 4 September 2023:

  • Amendment of the “Product Specific Supplement for Futures on FTSE Bitcoin Index”

This circular contains the updated sections of the relevant Rules and Regulations of Eurex Frankfurt AG.

Production start: 4 September 2023

The Product Specific Supplement (PSS) shall be amended with effect from 4 September 2023 according to the Attachment to further substantiate the granting of incentives to the benefit of Liquidity Providers. 

The amendments will be deemed to have been approved if the Liquidity Provider does not lodge objections with Eurex Frankfurt AG and Eurex Clearing AG within two (2) weeks of notification of the amendment according to clause 4 (2) of the Liquidity Provider Agreement.

Please refer to the attached PSS for details.

2.   Required action

Trading Participants are recommended to pay close attention to the information included in the Attachment and analyze the potential impact on their own technical systems. Therefore, it might be necessary for Trading Participants to update their internal processes and technical interfaces to adapt to this change.

Attachment:

  • Product Specific Supplement for Futures on FTSE Bitcoin Index


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:

client.services@eurex.com

Web:

www.eurex.com

Authorized by:

Michael Peters


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