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Sep 12, 2016

Eurex Clearing

Connection of Deutsche Bank AG London as Multi-Currency Payment Bank

As announced in Eurex Clearing circulars 093/16 and 094/16, the introduction of CCP Release 11.0 and EurexOTC Clear Release 7.0 is scheduled to take place on 21 November 2016.
With these releases, Eurex Clearing plans to connect Deutsche Bank AG London as Multi-Currency Payment Bank for Eurex Clearing. In this role, Deutsche Bank AG London will act as an accepted commercial bank (Settlement Bank) for Eurex Clearing’s Clearing Members in order to facilitate the settlement of clearing related cash payments in multiple currencies.