A member of
Eurex Clearing
This circular explains the amendments to the Clearing Conditions for Eurex Clearing AG, which will be made in conjunction with the introduction of additional products and functionality with EurexOTC Clear Release 3.0, decommissioning of EURIBOR rates for designated maturities in euro, clarification with respect to the client clearing documentation used under the Individual Clearing Model-Client Clearing Documentation and exception provision with respect to the specified multiplier for the margin requirement. All amendments will come into effect on 18 November 2013.
Also effective 18 November 2013, Eurex Clearing AG (Eurex Clearing) is extending its Individual Clearing Model (ICM) offering to additional jurisdictions/combinations. Clearing Members located in Germany are allowed to use the ICM with Non-Clearing Members/Registered Customers located in Belgium.
Attached to this circular are the updated sections of the Clearing Conditions including amendments to the Clearing Agreements as decided by the Executive Board of Eurex Clearing with effect from 18 November 2013.