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Dec 15, 2016

Eurex Clearing

Amendments to the Clearing Conditions of Eurex Clearing AG

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) regarding the following topics:

  1. Participation of Eurex Clearing in the GC Pooling segment to hedge effects from a Clearing Member’s failure to provide cash for securities purchases
  2. Handling of negative repo rates in repo front-leg failures 

The amended sections of the Clearing Conditions, as decided by the Executive Board of Eurex Clearing, are attached to this circular. The amendments regarding both topics will come into effect on 9 January 2017.