Eurex Clearing
This circular explains amendments and clarifications to the Clearing Conditions for Eurex Clearing AG (Clearing Conditions), which will be made in conjunction with the topics mentioned in the heading. Amendments to the prerequisites for governmental entities and supranational organisations as outlined in Attachment 1 to this circular will come into effect on 20 September 2013. Amendments outlined in Attachment 2 will come into effect on 7 October 2013.
Furthermore, Eurex Clearing is extending its Individual Clearing Model offering to additional jurisdictions/ combinations with immediate effect. Registered Customers located in Belgium, not acting on behalf of a fund or being a fund company, can apply for participation in the Individual Clearing Model with a Clearing Member registered in England/Wales. The Individual Clearing Model will be extended to Spain.
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 20 September 2013 and 7 October 2013.