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01 Jul 2025

Eurex

FX Derivatives: Adjustment of the FX Options Liquidity Provider Scheme

Eurex Circular 066/25 FX Derivatives: Adjustment of the FX Options Liquidity Provider Scheme

1.  Introduction

The Executive Boards of Eurex Frankfurt AG and Eurex Clearing AG took the following decision with effect from 1 August 2025:

  • To amend the Product Specific Supplement (PSS) “Foreign Exchange 02 – Options on FX Futures” as shown in the Attachment.

2.  Required action

There is no action required for participation for the Trading Participants. Liquidity Providers should make sure to adjust their quoting behavior accordingly.

3.  Details of the initiative

In the scheme for Options on FX Futures, a new Additional Supporter Incentive will replace the existing Additional Market Share Incentive and Stipend programs, thereby transitioning from one-off payments based on ADV growth to performance-based stipend payments. The new scheme also will improve quoting requirements by slightly widening the spreads and amending the quoting requirement to European trading hours from full-day coverage.

Please refer to the attached Product Specific Supplement for details. An overview of Market-Making and Liquidity Provisioning at Eurex can be found on the Eurex website www.eurex.com under the following link:

Trade > Market-Making and Liquidity provisioning


Attachment:

  • Amended PSS “Foreign Exchange 02 – Options on FX Futures”


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: 

client.services@eurex.com

Web: 

Markets > FX;
Trade > Market-Making and Liquidity provisioning

Authorized by: 

Jonas Ullmann


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