A member of
Eurex Clearing
This circular contains information with respect to Eurex Clearing’s service offering and corresponding amendments to the Clearing Conditions of Eurex Clearing AG (Clearing Conditions) and other related documents regarding the following topics:
1. GC Pooling®: Introduction of British pound (GBP) as an additional GC Pooling® cash currency,
2. GC Pooling®: Additional currencies for the GC Pooling® Equity Basket,
3. GC Pooling® Select Invest: Additional baskets,
4. Amendments to the Price List of Eurex Clearing AG with regard to transaction fees for OTC Interest Rate Derivative Transactions,
5. Amendments to the Pledge Agreement, and
6. Amendments of the Clearing Conditions with regard to the Basic Clearing Member provisions.
The amended sections of the Clearing Conditions and other related documents, as decided by the Executive Board of Eurex Clearing AG, are attached to this circular.
The amendments regarding topics 1, 2 and 3 will come into effect on 4 July 2016, the amendments regarding topic 4 will come into effect on 11 July 2016, the amendments regarding topic 5 will come into effect on 15 August 2016, the amendments regarding topic 6 will come into effect on 18 July 2016.
The planned amendments related to topic 5 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 all Clearing Members, Non-Clearing Members and Registered Customers to submit comments. Further details on the Consultation process are included in this circular.