Eurex Clearing
Dear Client,
Further to the recent Eurex Clearing Readiness Newsflash from 27 October 2022, announcing additional testing opportunities in simulation to facilitate the Next Generation ETD contracts testing, we would like to offer the following event in simulation:
Additional corporate action on 29 November 2022
On business date 29 November 2022, an R-factor corporate action adjustment on Single Stock Option “AFR” with effective date business date 30 November 2022 will be initiated in the simulation environment. The product will be adjusted with R-factor of 0.95.
Name | Product ID | Product ISIN | Generation Number | |||
Air France-KLM | AFR | FR0000031122 | 9 | |||
Air France-KLM | AFR | FR0000031122 | 10 |
The goal of the corporate action is to increment the current generation number from 9 to 10. A double-digit generation number is an enhancement introduced in T7 Release 11.0.
All details on this release can be found on this location: Support > Initiatives & Releases > T7 Release 11.0.
In addition, the Single Stock Option AFR will be equipped with weekly expiring contracts to provide a testing opportunity in capital adjusted monthly and weekly expiring options contracts. The activation of a weekly contract lifecycle in the Single Stock Option AFR will take place two weeks prior to the capital adjustment and will be performed in one step. In alignment with other Single Stock Options supporting weekly expiring contracts in the simulation environment, the weekly expiring options contracts will be set-up as Thursday expiring options contracts.
Trading and Clearing participants are encouraged to test to ensure a smooth transition to the new Next Generation ETD concept. Trading and Clearing simulation batch days and events are available on the simulation calendar. The simulation calendar can be found on the Eurex Clearing website under the following path:
Support > Initiatives & Releases > Simulation calendar.
Learn now more about Next Generation ETD Contracts on our dedicated initiative page under the following link: Support > Initiatives & Releases > Project Readiness > Next Generation ETD Contracts. System documentation, circulars, timeline and much more information is available there for you.
If you have questions or require further information, please contact us via e-mail: client.services@eurex.com.
Kind regards,
Your Client Services Team
Visit the Next Generation ETD Contracts webpage for all your Clearing and Trading content!
Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Front Office/Trading, Middle + Back Office, IT/System Administration, Auditing/Security Coordination | |
Related Newsflash: | Eurex Clearing Readiness Newsflash from 27 October 2022 | |
Contact: | client.services@eurex.com | |
Web: | Support > Initiatives & Releases > Project Readiness > Next Generation ETD Contracts |
