A member of
Eurex Clearing
Eurex Clearing Prisma, the portfolio-based risk management method, offers an innovative way to maintain reliable margin levels, while in parallel provides considerable capital efficiencies to the Members. With Eurex Clearing Prisma Release 5.0, the product groups of volatility derivatives (VSTOXX Futures, Options and Variance Futures) as well as dividend derivatives will become Prisma eligible.
With this circular, Eurex Clearing announces the production launch of Eurex Clearing Prisma Release 5.0 for November 2016 as follows:
Technical launch: 21 November 2016
Migration of the dividend and volatility derivatives: 28 November 2016
All modifications to the Prisma architecture (files and reports) will be introduced in production with the technical launch on 21 November 2016. The Prisma margin methodology will however apply to the dividend and volatility derivatives as of 28 November 2016 only. From this date onwards, the Prisma margin methodology will be used exclusively for all Eurex exchange traded derivatives. The former Risk Based Margining (RBM) method will no longer be used to calculate margins for any Eurex exchange traded derivatives.