Germany has introduced legislation easing market access for non-EU market makers, effective immediately, to support liquidity growth on the European derivatives exchange Eurex.
Under the Financial Centre Promotion Act, aimed at strengthening Germany’s financial market, non-EU regulatory market makers are no longer required to establish a German entity or obtain individual exemptions to provide liquidity on exchanges such as Eurex.
The updated framework aligns Germany more closely with other European jurisdictions and forms part of broader efforts to enhance market efficiency and attract international trading activity.
The reform is intended to lower operational and administrative barriers for global liquidity providers, potentially increasing international participation and competition on Eurex, the derivatives exchange operated by Deutsche Börse Group.
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The change complements Eurex initiatives aimed at widening participation, including sponsored access arrangements and liquidity provider programmes. The exchange is engaging with firms in the UK, Switzerland, North America and Asia as the new rules come into force.
Robbert Booij, CEO of Eurex, said: “This is a landmark development that directly reflects our long-term strategy of lowering access barriers and boosting liquidity. By removing a significant regulatory hurdle, we are opening the door for additional liquidity providers to access our exchange. This is not just a win for Eurex, but for all market participants who will benefit from more efficient and competitive markets.”
