Eurex Clearing
Dear Client,
Eurex Clearing AG would like to inform Clearing Participants about the adjustment of the timeline for the functional start of the Eurex Buy-Side Trading Disclosure announced in Eurex Clearing circular 037/23.
The functional launch of the initiative, including the registration for the program as well as the start of the fee differentiation, is now targeted for H2/2024. The adjustment of the timeline allows Eurex to further improve the model design in alignment with clients. The launch date will be announced in due course.
Please keep in mind that the technical launch will take place as planned with the C7 FIXML, C7 GUI and report changes.
As already communicated, C7 Release 10.0 will be launched on the following dates:
Simulation start: 12 September 2023
Production start: 20 November 2023
Learn more about C7 Release 10.0 on our dedicated initiative page on the Eurex Clearing website www.eurex.com/ec-en/ under the following link:
Support > Initiatives & Releases > C7 Releases > C7 Release 10.0
System documentation, circulars, timeline and much more information is available there for you.
Clearing Members should be aware that the technical C7 changes taking place with C7 Release 10.0 can be completely tested with the start of the simulation currently planned for 12 September 2023 (functional go-live for production postponed to H2/2024).
With the release launch in production (20 November 2023), all planned C7 changes will be available besides the following transaction types:
TrdType | trdTyp (C7 Reports) | Description | ||||
1053 | U | VBAP On-Exch Buyside disclosed | ||||
1054 | X | VBAP TES1 Buyside disclosed | ||||
1055 | Y | VBAP TES2 Buyside disclosed |
These transaction types will be activated with the functional launch of the Eurex Buy-Side Trading Disclosure.
Further details can be found in the documentation available on the Eurex Clearing website under the path:
Support > Initiatives & Releases > C7 Releases > C7 Release 10.0 > System Documentation > Overview & Functionality
Kind regards,
Your Client Services Team
Meet the new clearing admission service C7 CAS (Client Administration Service)!
Recipients: | All Clearing Members, ISA Direct Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Front Office/Trading, Middle + Back Office, IT/System Administration, Auditing/Security Coordination | |
Related circulars: | ||
Related newsflash: | Eurex Exchange Readiness Newsflash from 27 July 2023 | |
Contact: | ||
Web: | Support > Initiatives & Releases > C7 Releases > C7 Release 10.0 |
