Find
Jul 26, 2013

Eurex Clearing

Amendment of Clearing Conditions with respect to the introduction of additional functionality with EurexOTC Clear Release 2.1, extension of Individual Clearing Model regarding compatibility with the Clearing Agreement between the Clearing Member and its customers, introduction of special disciplinary proceedings, amendment of Statutes for the IRS Product Committee, limitation of Securities Lending Services to Clearing Members’ own transactions

This circular explains amendments to the Clearing Conditions for Eurex Clearing AG (Clearing Conditions) , particularly the extension of the Individual Clearing Model for compatibility with the Clearing Agreement between the Clearing Member and its customers, including amendments to the Clearing Agreements included therein as well as amendments to the Default Management Committee Rules and to the Statutes for the IRS Product Committee which will be made in conjunction with the topics mentioned in the heading. All amendments will come into effect on 12 August 2013.

Attached to this circular are the updated sections of the Clearing Conditions including amendments to the Clearing Agreements, the Default Management Committee Rules and the Statutes for the IRS Product Committee and the Statutes for the Disciplinary Committee as decided by the Executive Board of Eurex Clearing with effect from 12 August 2013.