However, market participants can qualify, subject to certain conditions being met, for discounted Eurodollar futures transactions fees under Euronext.liffe’s Eurodollar STIR Liquidity Provider Scheme (SLP). 

The Eurodollar SLP Scheme mirrors the EURIBOR and Short Sterling Schemes which Euronext.liffe already has in place.  Under this Scheme, an individual, or an Exchange member, who, through his trading activity, supports and enhances the liquidity of the Exchange’s Eurodollar Futures Contract can take advantage, for qualifying business only, reduced transaction fees for the Eurodollar Futures Contract.

The SLP transaction fees for the Eurodollar Futures Contract are:

• Member SLP: $0.18 per lot per side including clearing
• Individual SLP: $0.28 per lot per side including clearing.

Terms and conditions do apply; please see Exchange General Notice No. 2378 for further information on Euronext.liffe’s Eurodollar transaction fees, and of the discounts available under the Eurodollar SLP Scheme.

Applying for Eurodollar SLP status is easy. Firstly, please review General Notice No. 2378 to ensure that you qualify for SLP status. Secondly, please download the Eurodollar SLP Application Form (which also contains the Terms and Conditions of the Programme), and send the completed form to your Euronext.liffe Account Manager.