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欧洲期货交易所103/22号通告 - 股指衍生品:推出DAX®德指微型期权及因应MDAX®中盘股指期货/期权退市的合约细则修订
1. 介绍
德国欧洲期货交易所(Eurex Deutschland, 欧交所)管理委员会做出以下决定,并自2022年12月19日起生效:
引入DAX®德指微型期权
因应MDAX®中盘股指期货/期权退市与合约细则修订(F2MX/O2MX)(见附件1)
欧交所德国法兰克福子公司 (Eurex Frankfurt AG)执行董事会做出以下决定,自2022年12月19日起生效:
对DAX®德指微型期权纳入流动性提供商激励机制(见附件2)
流动性提供商激励机制中的股指第14条修订(见附件3)
生产环境生效上线时间:2022年12月19日
本通告内容包括产品退市信息及德国欧交所相关规则/条例更新。
2. 应需措施
新产品适用目前现有股指衍生品交易和清算规则,因此无需特别措施。
3. 细节
A. 产品概览
DAX®指数微型期权与目前现有DAX®德指期权(ODAX)仅在合约规模和合约期限有所不同。指数点价位为1欧元,最长合约期限为12个月。
B. 合约规格
新的微型期权合约规格与原ODAX合约相同,包括其产品交易时间、交易日历、最后交易日、结算及每日/最终结算价确定方式。
产品信息如下:
DAX®德指微型期权
产品 | 指数 | 基准指 | 产品ISIN编码 | 欧交所 |
期权 | DAX® | DE0008469008 | DE000A3DX109 | ODXS |
德国欧交所期货/期权合约的合约细则请参见附件1。
欧交所期货/期权合约的最新完整版合约细则可于交易开始后在欧交所官方网站www.eurex.com查询阅览,链接如下:
Rules & Regs > Eurex Rules & Regulations > 03. Contract Specifications
C. 是否纳入欧交所 T7交易系统(TES)
新产品将不被纳入欧交所 T7场外巨额交易系统(TES),只能通过电子盘订单簿进行交易。
D. 风险参数
新产品的风险参数可于交易开始后在欧交所官方网站、欧交所清算公司官方网站查阅,链接如下:
Data > Clearing files > Risk parameters and initial margins
您可在如下链接中查阅有关符合Prisma资质的欧交所产品详细信息:
E. 错误交易范围
新产品的错误交易(Mis-trade)范围和持仓限制可于交易开始后在欧交所官方网站查阅,链接如下:
F. 过限系统使用费与订单交易比率
新产品的过限系统使用(Excessive System Usage)费及订单量与实际执行比率(Order to Trade Ratio)相关定义与现有股指衍生品(OINX)规则基准一致。更多信息可查阅欧交所官方网站,链接如下:
Rules & Regs > Excessive System Usage Fee
Rules & Regs > Order to Trade Ratio
G.交易费用
详情请参阅欧交所清算公司价格表,您可在欧交所清算公司官方网站www.eurex.com/ec-en/下载,链接如下:
Rules & Regs > Eurex Clearing Rules & Regulations > 3. Price List
H.供应商编码
供应商产品编码可于交易开始后在欧交所官方网站查阅,链接如下:
Markets > Product Overview > Vendor Codes
I.流动性提供
请参考附件中产品特别补充文件(见附件2)。
J. 合约细则修订
由于MDAX®中盘股指期货/期权(F2MX/O2MX)退市,合约细则已做出相应修订。
附件:
附件1a/1b:德国欧交所期货/期权合约的合约细则更新部分
附件2:DAX®德指微型期权的产品特定补充文件(PSS)股指68
附件3:迷你MDAX®中盘股指、TecDAX®和DivDAX®等指数的期权产品特定补充文件(PSS)股指
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