Eurex
1. Introduction
The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG took the following decisions with effect from 3 June 2024:
2. Required action
Liquidity Providers should adapt their quotation behavior accordingly.
3. Details of the initiative
Sections 1, 3.1, 4.1, 5.4, 5.5, 6 and 7 of the PSS "Fixed Income 17 - Three-Month Euribor Futures and Three-Month Euro STR Futures" will be amended with effect from 3 June 2024. The amendments primarily focus on the adjustment of the limits defined in section 6, the adjustment of the quotation requirements for butterfly strategies as described in section 5.5, and additional clarifying examples to avoid misunderstandings.
The amendments shall be deemed approved unless objected to 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.
The current versions of the PSS documents are also available 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 | |
Contact: | Market Development & Pricing, eurex.pricing@eurex.com | |
Web: | Trade > Market-Making and Liquidity provisioning | |
Authorized by: | Michael Peters |
Market Status ⓘ
XEUR
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