On Apr. 24, Eurex issued euro fixed income futures limits, Jun. 2025.
Eurex published circular 035/25 Euro Fixed Income Futures: Definition of reporting and position limits for Jun. 2025, on position limits applying to long positions of products.
Follows Eurex Jan. 2025 issued issued latest reporting and position limit, see #241291.
Applicable Limits
Apply only to long positions in the front month contracts of the products concerned.
Reporting limits will be valid from May. 30, 2025 after close of trading, to Jun. 3, 2025.
Position limits will be valid from Jun. 4, 2025, start of trading, until expiration of the March contract on Jun. 6, 2025; and long any positions in Jun. 2024 contracts must therefore all be within the relevant prescribed limits at start of trading on Jun. 4, 2025.
The measure by Eurex Deutschland is based on § 11 Para. 1 of Eurex Exchange Rules.
Limits will be monitored intraday by Trading Surveillance Office of Eurex Deutschland.
Required Action
In case the position limits have been exceeded, Exchange Participants are obliged according to § 11 Paragraph 5 of the Eurex Exchange Rules to submit a list of long positions in Eurex C7 Clearing GUI including clear names of customers to surveillance.
Immediate position adjustments should be made by using Trade Adjustment function (Open/Close Adjustment) instead of Position Close-Out, to avoid all late closing fees.
If position limits are exceeded, respective participants will be requested to specify a Eurex user ID that can be used by Eurex Deutschland to undo the exceeding of limits.
Reporting and Position Limits
The new reporting and position limits for the Jun. 2025 contracts are as shown below.
