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Crypto Index Derivatives: A. Introduction of Futures on F 1 SE BiICoIN Index In EUR and USL; B. Eaitorial changes to the Lie...

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Eurex08e

Price List of Eurex Clearing AG “As of17.04.2028

Page 1

AMENDMENTS ARE MARKED AS FOLLOWS:
INSERTIONS ARE UNDERLINED;

DELETIONS ARE CROSSED OUT

[-]
3 Transaction Fees for Derivatives Transactions (Order Book Transactions and
Off-Book Transactions on the Eurex Exchange)
|
3.1 Matching / Registration of Derivatives Transactions
[J
Standard Reduced
Fee per Fee per
Contract Contract Threshold
(contract (contract (number
Product / Execution volume < volume > of
Product Group Currency Type Accounts | threshold) | threshold) _| contracts)
LJ
Exchange-traded Crypto Currency Derivatives
Exchange-traded Crypto Currency Futures
A 1.20 na. na.
Order book P 1.00 na. na.
M 1,00 na na.
A 1.80 na. na.
BTCetc Bitcoin Futures EUR Eurex P 1.50 na. na.
Contracts EnLight
M 1.50 na na.
A 1.80 na. na.
TES P 1.50 na. na.
M 1.50 na. na.
Crypto Index Derivatives
Crypto Index Futures
A 1.20
FTSE Bitcoin Index Fut Order book PB 1.00
itcoin Index Futures
(denominated in EUR) EUR M 1.00
Eurex A 1.80
EnLight P 150

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Eurex04e

Clearing Conditions of Eurex Clearing AG

As of 17.04.2023
Page 1

[1

Part 2

21

FRIIS SISO SOOO IO IOI ISOS SOI II III IISA SII ASAI IIA

AMENDMENTS ARE MARKED AS FOLLOWS:
INSERTIONS ARE UNDERLINED;

DELETIONS ARE CROSSED OUT

JESU SESE SOOO IOI OOOO III IIIS ISOS ISO II III IAI IIIA

Clearing of Futures Contracts

Daily Settlement Price

L..
(2)

(4)

]

Eurex Clearing AG determines the daily settlement price according to the true
market conditions of the respective contract and under consideration of its risk
assessment in its reasonable discretion (billiges Ermessen).

(a) [1

1. For contracts with respect to which a closing price in the closing auction
pursuant to Section 6364 of the Eurex Exchange Rules is determined
before 7 p.m. (CE(S)T), Eurex Clearing AG shall determine the daily
settlement price based on the respective closing price.

Reference times

The scheduled reference times for the determination of the daily settlement prices
for the respective Futures Contracts (each a “Reference Time”) are set out in the
table below:

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Chapter II of the Clearing Conditions of Eurex Clearing AG

Transactions Concluded at
Eurex Deutschland

(Eurex Exchange)

As of 17.04.2023

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Eurex04e
As of 17.04.2023

Clearing Conditions of Eurex Clearing AG

Page 3

2.30 Clearing of Crypto Index Futures Contracts
The following provisions shall apply to the Clearing of Crypto Index Futures Contracts
specified in Number 1.31 of the Eurex Contract Specifications. The definitions as set out
in Number 1.31 of the Eurex Contract Specifications shall apply.

2.30.1 Payment Procedures

To the extent not provided otherwise, all payments shall be made on the Business Day
following the final settlement day (Number 1.31.4 of the Eurex Contract Specifications).
All Clearing Members must ensure their ability to effect payments on the due date thereof
by having sufficient credit balances in the respective currency of the contract in the
account with a payment institution recognised by Eurex Clearing AG (available on the

Eurex Clearing Website).

2.30.2 Final Settlement Price

The final settlement price of the Crypto Index Futures Contracts will be determined by
Eurex Clearing AG at the final settlement day (pursuant to Number 1.31.4 of the Eurex
Contract Specifications) of a contract.

For FTSE Bitcoin Index (EUR) Futures Contracts (Product ID: FBTE) and FTSE Bitcoin
Index (USD) Futures Contracts (Product ID: FBTU) the hourly calculated FTSE Bitcoin
Index at 5 p.m. (CE(S)T) on the last trading day applies.

In case of extraordinary circumstances, especially if the trading is interrupted due to
technical problems or if a price determination for one or more Securities and/or indices is
not possible for other reasons, Eurex Clearing AG may determine the final settlement
price by means of another procedure.

2.30.3 Fulfilment, Delivery

Open positions from the last trading day of a contract shall be balanced on the final
settlement day by means of a net payment credited to or debited from the internal cash
account of the Clearing Member pursuant to Chapter | Part 1 Number 4.3. Such payment
shall equal the difference between the final settlement price of such contract and such
contract's daily settlement price on the Business Day preceding the last trading day. For
positions opened on the last trading day, the booking amount shall equal the difference
between the final settlement price and the trading price.

Lol

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3123123, 10:03 AML

22 Mar 2023
Eurex Clearing

Crypto Index Derivatives: A. Introduction
of Futures on FTSE Bitcoin Index in EUR
and USD; B. Editorial changes to the
Clearing Conditions for Futures Contracts

Eurex Clearing Circular 016/23 Crypto Index Derivatives: A. Introduction
of Futures on FTSE Bitcoin Index in EUR and USD; B. Editorial changes to
the Clearing Conditions for Futures Contracts

1. Introduction

This circular contains information with respect to Eurex Clearing AG's service
offering and corresponding amendments to the Clearing Conditions of Eurex
Clearing AG (“Clearing Conditions”) and Price List of Eurex Clearing AG (“Price
List”) regarding to the following topics:

A. Introduction of Futures on FTSE Bitcoin Index in EUR and USD,
B. Editorial changes to the provisions for the Clearing of Futures Contracts in
the Clearing Conditions.

Effective date: 17 April 2023

2. Required action

There is no required action for the participants.

3. Details of the initiatives

A. Introduction of Futures on FTSE Bitcoin Index in EUR and USD

Effective 17 April 2023, Eurex Clearing will offer clearing services for Futures on
FTSE Bitcoin Index in EUR and USD introduced at Eurex Deutschland.

In this context, the following measures will apply effective 17 April 2023:

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Crypto Index Derivatives: A. Introduction of Futures on F 1 SE BiICoIN Index In EUR and USL; B. Eaitorial changes to the Lie...


Eurex08e

Price List of Eurex Clearing AG As of 17.04.2023

Page 3

3.4 Cash Settlement

(1) The following fees are charged for cash settlement of the products listed below:

Maximum Fee for
Product / Product Group Account | Fee per Contract | Contracts on the
same underlying
[Ll
Exchange-traded Crypto Currency Derivatives
A EUR 1.20
BTCetc Bitcoin Futures Contracts Pp EUR 1.00 na.
M EUR 1.00
Crypto Index Derivatives
_ A EUR 1.20
FTSE Bitooin Index Futures P EUR 1.00 na.
(denominated in EUR) ——
M EUR 1.00
-_ A USD 1.20
FTSE Bitooin Index Futures P USD 1.00 na.
(denominated in USD:
M USD 1.00

L-]

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Eurex08e
Price List of Eurex Clearing AG

As of 17.04.2023
Page 2
Standard Reduced
Fee per Fee per
Contract Contract Threshold
(contract (contract (number
Product / Execution volume $ volume > of
Product Group Currency Type Accounts | threshold) threshold) contracts)
M 1.50
A 1.80
TES P 1.50
M 1.50
A 1.20
Order book P 1.00
M 1.00
A 1.80
ETSE Bitcoin Index Futures SD Eurex P
(denominated in USD) ~— M
A
TES P
M
L..]
3.3 Position Closing Adjustments

(1) For Position Closing Adjustments, if these do not take place until 13:30 CET on the
trading day following the day of the transaction, the following fees shall be charged:

Product / Product Group Account | Fee per Contract
Ld
Exchange-traded Crypto Currency Derivatives
A EUR 2.40
BTCetc Bitcoin Futures Contracts P EUR 2.00
EUR 2.00
Crypto Index Derivatives
A EUR 2.40
ETSE Bitcoin Index Futures (denominated in EUR) P EUR 2.00
M EUR 2.00
A USD 2.40
FTSE Bitcoin Index Futures (denominated in USD) P USD 2.00
M USD 2.00

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Clearing Conditions of Eurex Clearing AG

Eurex04e
As of 17.04.2023
Page 2

L..

Contract Reference Time
(CE(S)T)

[.]

All other Index_-Futures Contracts 17:30
Bond Index Futures Contracts A715
L.-]

CONF _-Futures Contracts 17:00
Crypto Index Futures Contracts 17:00
[J

Eurex--KOSPI-Daily Futures Contracts 17:30
EURO STOXX 50® Dispersion Futures Contracts 17:30

Fixed Income Futures Contracts (denominated in Euro) | 17:15

Bond Index Futures-Contracts AAAS
Ll
FX Rolling Spot Futures Contracts 17:00
Index Total Return Futures Contracts 17:30
Interest Rate Swap Futures Contracts 47:15,
Money Market Futures Contracts:
FEU3, FSR3, FST3 17:15
18:00
Single Stock Dividend Futures Contracts 17:30
SMI® Futures Contracts, SLI® Futures Contracts 17:20
SMI® Index Dividend Futures Contracts 17:20
SMI9-Fut Contracts, SLI°-Fut Contract 47-20
[.]
VSTOXX® Futures Contracts 17:30
interest Rate Swap Futures Contracts 47418
EURO STOXX 50° Dispersion Futures Contracts 17:30

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3123123, 10:03 AML Crypto Index Derivatives: A. Introduction of Futures on F 1 SE BiICoIN Index In EUR and USL; B. Eaitorial changes to the Lie...

Recipients: All Clearing Members, ISA Direct Clearing Members, Disclosed
Direct Clients of Eurex Clearing AG, all FCM Clearing Members,
vendors, and other affected contractual parties

Target Front Office/Trading, Middle + Back Office, IT/System
groups: Administration, Auditing/Security Coordination
Related Eurex Circular 021/23

circular:

Contact: client.services@eurex.com

Web: www.eurex.com/ec-en/

Authorized Jens Janka

by:

Further information

, Attachment 1 to Eurex Clearing Circular 016/23

, Attachment 2 to Eurex Clearing Circular 016/23

Eurex Eurex Clearing Eurex Repo EEX 360T Xetra Bérse Frankfurt
Clearstream Qontigo

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3123123, 10:03 AML Crypto Index Derivatives: A. Introduction of Futures on F 1 SE BiTCoIn Index In EUK and USL; &. Eaitorial changes to the Lie...

Numbers 3.1, 3.3 and 3.4 of the Price List

B. Editorial changes to the provisions for the Clearing of Futures
Contracts in the Clearing Conditions

To improve the legibility, Eurex Clearing streamlines the provisions regarding
the reference times for the determination of the daily settlement prices for the
respective Futures Contracts (i.e. correction and alphabetical sorting of
references and deletion of reference times that do not apply).

To reflect the changes, the following provisions will be amended as outlines in
the Attachment 1:

@ Chapter II Part 2 Number 2.1.2 of the Clearing Conditions

As of the effective date, the full version of the amended Clearing Conditions
and Price List will be available for download on the Eurex Clearing website
under the following link:

Rules & Regs > Rules and Regulations

The amendments to the legal framework of Eurex Clearing AG published by
this circular are deemed accepted by each affected contractual party of Eurex
Clearing AG, unless the respective contractual party objects by written notice
to Eurex Clearing AG prior to the relevant effective date(s) as stipulated in this
circular. In case of an objection by the respective contractual party pursuant
the preceding sentence, Eurex Clearing AG is entitled to terminate the
respective contract (including a Clearing Agreement, if applicable). Instead of
submitting an objection, the respective contractual party may submit in
writing to Eurex Clearing AG comments to any amendments of the legal
framework of Eurex Clearing AG within the first 10 Business Days after the
publication of the amendments. Eurex Clearing AG shall assess whether these
comments prevent the published amendments from becoming effective
taking into account the interests of Eurex Clearing AG and all contractual
parties.

Unless the context requires otherwise, terms used and not otherwise defined
in this circular shall have the meaning ascribed to them in the Clearing
Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.

Attachments:

 1-Amended sections of the Clearing Conditions of Eurex Clearing AG
@ 2-Amended sections of the Price List of Eurex Clearing AG

Further information

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3123123, 10:03 AML Crypto Index Derivatives: A. Introduction of Futures on F 1 SE BiTCoIn Index In EUK and USL; &. Eaitorial changes to the Lie...

« Amendments to the Clearing Conditions regarding the inclusion of
Futures on FTSE Bitcoin Index in EUR and USD,

@ Amendments to the Price List regarding the inclusion of Futures on FTSE
Bitcoin Index in EUR and USD.

Please refer to Eurex Circular 021/23 for detailed trading-related information
as well as the amendments of the relevant Rules and Regulations of Eurex
Deutschland.

a. Product overview

Please refer to Eurex Circular 021/23 for the new products.

b. Contract specifications

For the detailed contract specifications, please refer to Eurex Circular 021/23.

c. Product group

The product group of the new products is as follows:

=
é rf BE 5
Product 3 Be ge §
3 go £e 3
a ge as 3
Futures on FTSE Index Not Cash F Index EUR | Cash
Bitcoin Index (EUR) Futures | approved EUR
for trading
in the U.S.
Futures on FTSE Index Not Cash F Index usp | Cash
Bitcoin Index (USD) Futures | approved usD
for trading
in the U.S.

d. Transaction fees

The fees for the new products can be retrieved from the updated sections of
the Price List, as outlined in Attachment 2.

e. Risk parameters

Margins for the new products are calculated in Prisma. For the risk parameters
of the new products, please refer to the Eurex Clearing website
www.eurex.com/ec-en/ under the link:

Services > Risk parameters
f. Amendments to the legal framework of Eurex Clearing
The following provisions will be amended as outlined in Attachments 1 and 2:

® Chapter II Part 2 Numbers 2.1.2 and 2.30 of the Clearing Conditions

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