26 Oct 2023

Eurex Clearing

Eurex Clearing Readiness Newsflash | Update C7 Release 10.0 – Eurex Buy-Side Trading Disclosure on hold

Eurex Clearing Readiness Newsflash | Update C7 Release 10.0 – Eurex Buy-Side Trading Disclosure on hold

Dear Client,

Eurex Exchange has constructively discussed the topic Eurex Buy-Side Trading Disclosure (EBSTD), as announced in Eurex Clearing circular 037/23, over the past months and understood that introducing the EBSTD would make the Fee Identification Code de facto mandatory for Clearing Members.

As the short-term implementation of the Fee Identification Code is challenging due to a strain on our Members' budgets and resources, Eurex has taken the decision to put the implementation of the EBSTD – in its current form – on hold until further notice. 

While the functional launch of the initiative, including the registration for the program as well as the start of the fee differentiation, will be put on hold, the technical launch will take place as planned with the C7 FIXML, C7 GUI and report changes, as announced in Eurex Clearing Newsflash of 27 July 2023.
The Fee Identification Code has been successfully rolled out with T7 Release 11.1 and C7 Release 9.1 and is available for usage by our Clearing Members. In the process, Eurex has strongly engaged with middle- and back-office vendors to ensure their readiness in time to support Clearing Members' implementations.

On that basis, and going forward, Eurex will use the Fee Identification Code as the architecture of choice to implement any upcoming fee measures.

Required action

Clients should be aware that the Eurex Buy-Side Trading initiative will not be functionally launched until further notice.

Kind regards, 
Your Client Services Team


Meet the new clearing admission service C7 CAS (Client Administration Service)!


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:

Eurex Clearing Circular 037/23, Eurex Circular 043/23

Related newsflashes:

Eurex Clearing Readiness Newsflash from 27 July 2023; Eurex Exchange Readiness Newsflash from 26 October 2023



Support > Initiatives & Releases > C7 Releases > C7 Release 10.0