02/29/2024 | News release | Distributed by Public on 02/29/2024 10:17
1. Introduction
The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG took the following decision with effect from 1 April 2024:
2. Required action
Liquidity Providers should adapt their quotation behavior accordingly.
3. Details of the initiative
The Liquidity Provider Scheme for euro-denominated Money Market Index Futures was introduced with the launch of the STIR partnership program on 1 November 2023 and strengthened the liquidity in the order book. To further support the LP and deepen the orderbook liquidity, Eurex Frankfurt AG has decided to amend the PSS "Fixed Income 17 - STIR Futures", effective as of 1 April 2024, as shown in the Attachment.
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, [email protected] |
Web: |
Market-Making and Liquidity provisioning |
Authorized by: |
Randolf Roth |