On Mar. 7, EUREX Clear, Eurex changed general terms and conditions.
EUREX Clear, Eurex announced introduction of connection fees for the new session type enhanced drop copy (EDC) and corresponding amendments to General Terms and Conditions GTC to connection agreement and to price list to the connection agreement.
Details
Enhanced Drop Copy Interface is designed for participants seeking to enhance pre-trade risk monitoring capabilities, or who specifically want to gain a comprehensive overview of their order inventory including lean orders, e.g. for reconciliation purpose.
Enhanced Drop Copy broadcast can be consumed by trading participants for activities of their own business unit, and by clearing members providing clearing services to selected trading participants and are interested in receiving their order information.
Clearing members need authorization from trading participant to access order data.
Changes
From Apr. 1, 2026, Eurex EDC Session will be offered at a rate of €200 per session.
Usage fee will be applied for clearing members per number of DC market participants.
€500 for clearing members with up to 5 DC Market Participants, including own member IDs with trading admission; and €1000 for clearing members with more than 5 DC market participants, including own member IDs with trading admission.
Session type EDC already available for order through GE DBoerse member section.
Effectiveness
EDC interface will go-live on Mar. 24, 2025.
Amendments to GTC to the connection agreement (CA) effective from Apr. 21, 2025.
Introduction of connection fees for EDC sessions and usage in accordance with the CA price list effective Apr. 1, 2026; editorial changes to GTC to CA effective Apr. 21, 2025.
