Eurex Clearing
1. Introduction
The Executive Board of Eurex Clearing AG decided to amend the thresholds and rebate levels for product group Interest Rate Futures, pursuant to Number 3.2.2.2 of the Price List of Eurex Clearing AG.
2. Required action
There is no required action for participation.
3. Details of the initiative
Effective from 1 January 2025, the thresholds for volume rebate group “Interest Rate Futures”, pursuant to Number 3.2.2.2 of the Price List of Eurex Clearing AG will be amended, as stated below:
Interest Rate Futures
Execution type: Order book
Tier 1 | Tier 2 | Tier 3 | Tier 4 | |
Threshold | 300.000 | 600.000 | 900.000 | 2,000.000 |
Rebate Level LC 1 | 5% | 10% | 15% | 20% |
Rebate Level LC 2 | 10% | 20% | 30% | 40% |
Rebate Level LC 3 | 15% | 30% | 45% | 60% |
Effective from 1 April 2025, the rebate levels for products assigned to liquidity class 2 and liquidity class 3 in volume rebate group “Interest Rate Futures”, pursuant to Number 3.2.2.2 of the Price List of Eurex Clearing AG will be amended, as stated below:
Execution type: Order book
Tier 1 | Tier 2 | Tier 3 | Tier 4 | |
Threshold | 400,000 | 800,000 | 1,200,000 | 2,400,000 |
Rebate Level LC 1 | 5% | 10% | 15% | 20% |
Rebate Level LC 2 | 10% | 15% | 20% | 25% |
Rebate Level LC 3 | 15% | 20% | 25% | 30% |
Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.
Attachments:
Further information
Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, all FCM Clearing Members, vendors and other affected contractual parties | |
Target groups: | Front Office/Trading, Middle + Backoffice, IT/System Administration, Auditing/Security Coordination | |
| Contact: | client.services@eurex.com | |
| Web: | www.eurex.com/ec-en/ | |
| Authorized by: | Matthias Graulich |
