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. Introduction of Permanent Market-Making scheme for European style equity options without rebates;
2. Information obligation of the Clearing Member in case of a Non-Clearing Member default;
3. Harmonisation of the provisions for termination of the ISA Direct Clearing Model;
4. Amendments to the Dispute Resolution Rules for clarification purposes;
5. Amendments to the Clearing Conditions: T2S update with CCP Release 12.0;
6. Discontinuation of clearing services for precious metals derivatives based on the London gold and silver
market fixings.
The amendments regarding topic 1 shall come into effect on 2 January 2017.
The amendments regarding topics 2, 3 and 4 shall come into effect on 9 January 2017.
The amendments regarding topic 5 shall come into effect on 6 February 2017.
The amendments regarding topic 6 shall come into effect on 3 April 2017.
The amended sections of the Price List of Eurex Clearing AG, the Clearing Conditions, the Conditions for Utilization of the Eurex Trade Entry Services and the Dispute Resolution Rules, as decided by the Executive Board of Eurex Clearing AG are attached to this circular.