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Dec 18, 2013

Eurex Clearing

Client Asset Protection: Collateral management enhanced by “Late Withdrawal of Cash Collateral” feature for pre-funded clients segregated under the Individual Clearing Modelist to Connection Agreement of Eurex Clearing AG

In order to increase efficient allocation of cash collateral in the context of the Individual Clearing Model (ICM), Clearing Members will be allowed to withdraw cash collateral from Eurex Clearing up to the amount used to pre-fund overnight margin calls for ICM-segregated clients by the Clearing Member for an extended time period. This service focuses on Clearing Members offering ICM segregation to their clients.

The service is available with immediate effect in production. Using the permanent simulation environment, the service can be tested upfront.