07 Apr 2021

Eurex Clearing

Eurex Clearing Readiness Newsflash | C7 additional intraday cash account for Basic Clearing Members

Eurex Clearing Readiness Newsflash | C7 additional intraday cash account for Basic Clearing Members


Dear Clearing Member,

With this Newsflash, Eurex Clearing announces the introduction of a cash account for Basic Clearing Members as an enhancement on Collateral Management. The new cash account will allow Basic Clearing Members to manage their own intraday margin calls directly. Basic Clearing Members who wish to opt into this optional feature can contact their Clearing Key Account Manager.

This feature is available in production as of 6 April 2021.

This new feature does not require FIXML implementation from Clearing Members. There is an impact on the CMS Collateral GUI and clearing reports CD020 and CD031. The relevant documentation is available on the Eurex Clearing website www.eurex.com/ec-en/ on our dedicated Initiatives page:

Support > Initiatives & Releases > C7 Releases > C7 Release 7.0.1 > System Documentation > Overview and Functionality
 

If you have any further questions or comments, please send an e-mail to: client.services@eurex.com.

Kind regards,
Your Client Services Team
 

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Recipients:

All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors

Target groups:

Front Office/Trading, Middle + Back Office, IT/System Administration

Contact:

client.services@eurex.com

Web:

Support > Initiatives & Releases > C7 Releases


Eurex-Clearing-Readiness-Newsflash-C7-additional-intraday-cash-account-for-Basic-Clearing-Members