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13 Apr 2022

Eurex Clearing

Eurex Clearing Readiness Newsflash | Transaction Size Limits (TSL) impact on Clearing Members

Eurex Clearing Readiness Newsflash | Transaction Size Limits (TSL) impact on Clearing Members

Dear Clearing Member,

We would like to draw your attention to an enhancement on T7 Release 10.1 which has an impact on Clearing Members. The Transaction Size Limits (TSL) functionality is being enhanced and extended to Clearing Members. As announced in Eurex circular 112/21, T7 Release 10.1 simulation starts on 2 May 2022 and production goes live on 27 June 2022.

Currently, Transaction Size Limits (TSL) are only managed by Trading Participants. With this enhancement, Clearing Members will also have the ability to set limits for their clients (Eurex Trading Participants) within the T7 Clearer GUI. These limits can be set by trade type (Block, Orderbook, TES, Futures Spreads), by TSL product group (e.g. German Equity options) or/and by clearing client.

Learn now more about T7 Release 10.1 and Transaction Size Limits (TSL) Enhancements on our dedicated initiative page on the Eurex website under the following links:

Support > Initiatives & Releases > T7 Release 10.1

Support > Initiatives & Releases > Project Readiness > Transaction Size Limits (TSL) Enhancements

System documentation, circulars, timeline and much more information is available there for you.

A Focus Call on this topic is planned for 10 May and 11 May 2022. Invitations have been sent and Clearing Members are invited to participate. The focus call will provide an overview of the new TSL functionality and a live demo session to demonstrate how Trading Participants and Clearing Members can maintain TSLs in the Eurex Admin GUI, followed by a Q&A session.
 

If you have 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 > T7 Release 10.1

Support > Initiatives & Releases > Project Readiness > Transaction Size Limits (TSL) Enhancements