Introduction of new OTC trade entry facility for multiple parties and deal-based pricing/
Fee reductions for OTC block trades in equity options and single stock futures as of 1 July 2008/ Initiative to be supported by new Eurex Clearing brand
04 Jun 2008
Eurex Clearing, Europe’s leading clearing house, announced today major enhancements of its over-the-counter (OTC) clearing offering. As of 1 July 2008, Eurex Clearing will introduce a Multilateral Trade Registration (MTR) facility and a new deal-based pricing structure for equity options. The MTR allows brokers to enter block trades with one buyer or seller and multiple counterparties instead of entering separate bilateral block trades. Regardless of the number of partial executions, Eurex Clearing will charge only one price per deal.

Additionally, to encourage volume growth from the OTC market, Eurex Clearing announced further enhancements to its fee schedule by reducing fee caps for large OTC block trades.

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