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13 Nov 2020

Eurex Clearing

Eurex Clearing Readiness Newsflash | EurexOTC Clear: Update on service launch of synchronisation of non-economic amendments with MarkitWire

Eurex Clearing Readiness Newsflash | EurexOTC Clear: Update on service launch of synchronisation of non-economic amendments with MarkitWire

Dear Eurex Clearing participant,

With this newsflash, Eurex Clearing informs about the change on synchronisation of non-economic amendments with MarkitWire introduction schedule as a result of externally driven postponement.

The previously rescheduled service launch of 16 November 2020, announced with Eurex Clearing Readiness Newsflash from 28 August 2020, is postponed to a future date, which will be communicated once the necessary testing preparations are finalised.

The Netting Synchronisation with MarkitWire became available for EurexOTC Clear Members in February 2020. This ensured that for any trade created at Eurex Clearing, as a result of a post-trade event, a corresponding trade record is also created in MarkitWire. 

With EurexOTC Clear Release 11.0, technical readiness of the synchronisation of non-economic amendments with MarkitWire was achieved. The goal is that MarkitWire users can update the internal trade ID or the netting string of a record in MarkitWire, which leads to an automatic update of the corresponding trade record at Eurex Clearing. This enhancement does not require any additional setup. 

Further information regarding the exact date of the service launch of synchronisation of non-economic amendments with MarkitWire will be provided in due time.

If you have any further questions or comments, please do not hesitate to contact your Clearing Key Account Manager or send an e-mail to: client.services@eurexclearing.com.

Kind regards,
Your Client Services Team

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Eurex Clearing is part of Eurex Group. Find out more here.

Recipients:

All Clearing Members, FCM Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG, vendors and other affected contractual parties

Target group(s):

Front Office/Trading, Middle + Backoffice, IT/System Administration, Treasury

Related circular:

Related newsflash:

Eurex Clearing Circular 057/20

Eurex Clearing Readiness Newsflash from 28 August 2020

Contact:

client.services@eurexclearing.com

Web:

EurexOTC Clear Release 11.0 initiative page