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03 Jun 2024

Eurex

Euro STOXX® 50 Index Futures: Change of the price gradation for Off-Book Trading in Standardised Futures Strategies

Eurex Circular 055/24 Euro STOXX® 50 Index Futures: Change of the price gradation for Off-Book Trading in Standardised Futures Strategies

1.  Introduction

The Management Board of Eurex Deutschland took the following decisions with effect from 24 June 2024:

  • To change the price gradation for Off-Book Trading in Standardised Futures Strategies for Euro STOXX® 50 Index Futures (FESX) from 0.25 to 0.01 index points,
  • The Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland will be amended as shown in the Attachment.

Start in Production: 24 June 2024

2.  Required action

Trading Participants should check their trading and clearing systems regarding the new price gradation and adapt, if required.

3. Details of the initiative

The price gradation for Off-Book Trading in Standardised Futures Strategies, especially calendar spread contracts, for Euro STOXX® 50 Index Futures (FESX) will be changed from 0.25 to 0.01 index points.

Aim of this measure is to reduce the number of required entries of Off-Book transactions.


Attachment:

  • Updated sections of the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland


Further information

Recipients:

All Trading Participants of Eurex Deutschland and Vendors

Target groups:

Front Office/Trading, Middle + Backoffice

Contact:

Tobias Ehinger, Equity & Index Product Design, tel. +49-69-211-1 23 13, tobias.ehinger@eurex.com

Web:

www.eurex.com

Authorized by:

Randolf Roth


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