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Benchmark Futures during Asian trading hours: Amendment of Liquidity Provider schemes

Release date: 26 Jun 2020 | Eurex Exchange

050/2020 Benchmark Futures during Asian trading hours: Amendment of Liquidity Provider schemes

Eurex Circular 050/20

1.   Introduction

The Management Board of Eurex Deutschland and the Executive Board of Eurex Frankfurt AG took the following decision:

With effect from 1 August 2020 until 31 December 2020:

  • Amendment of the existing Liquidity Provider schemes for Benchmark Futures (Equity Index Futures FESX, FDAX, FDXM, as well as Fixed Income Futures FGBL, FGBM, FGBS, FGBX) during Asian trading hours 

2.   Required action

Liquidity Providers (LPs) in the Fixed Income Futures products (FGBL, FGBM, FGBS, FGBX) should adapt their quotation behaviour accordingly.

3.  Details

The incentives (rebates, revenue sharing) for all benchmark products during Asian trading hours will be increased. For the Fixed Income products, a second quotation parameter set (THX2) will be offered.

Attachments:

  • Amended Product Specific Supplements (PSS) to the Liquidity Provider Agreement

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:

 Jutta Frey-Hartenberger, jutta.frey-hartenberger@eurexchange.com, T +49-69-211-1 49 88 (for Fixed Income products) or
Ralf Huesmann, ralf.huesmann@eurexchange.com, T +49-69-211-1 54 43 (for Equity Index products)

Web: 

 

www.eurexchange.com

Authorised by:

Michael Peters