Regulatory Filings • Dec 12, 2006
Regulatory Filings
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Ad-hoc | 12 December 2006 14:20
Eurex to modify prices with view to further growth
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Eurex is to launch an incentive program designed to increase client proprietary trading as well as comprehensive measures to further optimize Eurex technology. Both measures aim primarily to increase fully computer-supported trading, known as ‘algorithmic trading’. Furthermore, prices in individual product groups will be harmonized in a drive to make the products in question even more attractive. These measures represent a key step in implementing the initiatives as part of the company‘s strategic plan to promote further growth and specify the investment plan for the Eurex segment unveiled as part of the Q3 results in November. Applying the fee model that will become effective 1 February 2007 to the first nine month of 2006, sales revenues from trading and clearing at Eurex would have been reduced by around 25 to 30 million euros. This price reduction will affect Deutsche Börse and SWX Swiss Exchange in accordance with the profit allocation ratio of 85:15. The price reductions are countered by the positive effects of the expected acceleration in growth. In Deutsche Börse’s cash market the introduction of volume discounts for algorithmic trading has already proved successful. Contact: Walter Allwicher Tel.: +49-69-21 11 15 00 (c)DGAP 12.12.2006 ————————————————————————— Language: English Issuer: Deutsche Börse AG Neue Börsenstraße 1 60487 Frankfurt am Main Deutschland Phone: +49 (0)69 211 – 0 Fax: +49 (0)69 211 – 1 20 0 E-mail: [email protected] WWW: www.deutsche-boerse.com ISIN: DE0005810055 WKN: 581005 Indices: DAX Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Hannover, München, Hamburg, Düsseldorf, Stuttgart; Terminbörse EUREX End of News DGAP News-Service —————————————————————————
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