Thursday October 15 2020

News Source: Global Exchanges

Focus: Derivative Market Segment

Type: General

Country: European Union


On 8th October 2020, Eurex Exchange announced the introduction of new expirations for Single Stock Dividend Futures and EURO STOXX 50® Index Dividend Futures.

1, Introduction

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

With effect from 19th October 2020:

Introduction of quarterly maturities for certain Single Stock Dividend Futures and introduction of semi-annual maturities for EURO STOXX 50® Index Dividend Futures

Amendment to the relevant Product Specific Supplements of the Liquidity Provider Schemes to reflect the introduction of additional interim expirations.

Eurex Clearing AG will be introducing fee measures with effect from 2nd November 2020 (see Eurex Clearing circular 081/20):

Fee reduction of 50 per cent for certain Single Stock Dividend Futures

Fee adjustments in Single Stock Futures.

2, Required action

There is no required action for participation.

3, Details of the initiative

New maturities are made available to trading:

EURO STOXX 50® Index Dividend Futures: The maturities will be adjusted by introducing the next two rolling June maturities.

Single Stock Dividend Futures: For EUR- and CHF-denominated Single Stock Dividend Futures, new March, June and September expirations will be made available, so that at any time, the next five quarters (including December expiration) are tradable.

The introduction of the new maturities is accompanied by pricing measures for Single Stock Dividend Futures and Single Stock Futures.

Click on the above link for further information.