A member of
Eurex Clearing
This circular contains information with respect to Eurex Clearing AG’s (Eurex Clearing) service offering and corresponding amendments to the Clearing Conditions of Eurex Clearing AG (Clearing Conditions) and other related documents regarding the following topics:
1. Implementation of additional currencies for GC Pooling® Select Invest (CHF, GBP and USD);
2. Give-up from Agent Accounts to Market Maker Accounts;
3. Clarification: Basic Clearing Members exempted from the OTC IRS clearing fee rebate schemes;
4. New clause on settlement finality;
5. Automatic conversion of Flexible Contract into contracts available for trading at the Eurex Exchanges;
6. Technical migration of Trade Entry Services to T7; and
7. Suspension of Late Entry Fee.
The amended sections of the Clearing Conditions, the Price List of Eurex Clearing AG and the Conditions for Utilization of the Eurex Trade Entry Services (General Conditions for Participation), as decided by the Executive Board of Eurex Clearing, are attached to this circular.
The amendments regarding topic 1 will come into effect on 1 November 2016.
The amendments regarding topics 2, 3 and 4 will come into effect on 7 November 2016.
The amendments regarding topics 5, 6 and 7 will come into effect on 21 November 2016.