A member of
Eurex Clearing
This circular contains information with respect to proposed amendments to the Clearing Conditions of Eurex Clearing AG (Clearing Conditions) regarding the following topics:
1. Decommissioning of Post Trade Event “De-Clear”
2. Amendments due to the production start of Eurex Clearing’s C7 Release 3.0
3. Extension of GC Pooling® Equity Basket
4. Lending CCP: Amendments to tax provisions
5. Lending CCP: Corporate action clearing service for non-cash principal collateral
6. Lending CCP: Termination process for fixed term loans
7. Lending CCP: Clean-up amendments related to new definitions and clarifications for certain processes
8. Foreign Exchange (FX) derivatives: Change of BICs for CLS settlement
The amended sections of the Clearing Conditions and Price List of Eurex Clearing AG, as decided by the Executive Board of Eurex Clearing AG, are attached to this circular.
The planned changes related to Number 1 and Number 3 will come into effect on 2 May 2016.
The planned changes related to Number 2 will come into effect on 9 May 2016.
The amendments related to Numbers 4 and 5 will come into effect on 23 May 2016.
The change under Number 8 will come into effect on 20 April 2016.
The planned changes related to Numbers 6 and 7 fall within the scope of Special Provisions of the Clearing Conditions and hence are subject to a Consultation process to which Eurex Clearing hereby invites to submit comments. Further details on the Consultation process are included in this circular.