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Jun 06, 2014

Eurex Clearing

EurexOTC Clear On-boarding: New incentive programme “EMIR Readiness”

After Eurex Clearing has been granted authorisation as a Central Counterparty (CCP) under the European Market Infrastructure Regulation (EMIR) effective from 10 April 2014, the Executive Board of Eurex Clearing AG decided to offer an additional incentive programme to facilitate the EMIR readiness process for market participants. This new programme targets all market participants who are not already admitted as Clearing Member (CM) or Registered Customer (RC) or who will not qualify for the full fee waiver incentive programme. For this programme, which was announced with Eurex Clearing circular 076/13, more than 30 Clearing Members and over 120 Registered Customers are registered or already qualified.

The new incentive programme “EMIR Readiness”offers Clearing Members and their clients a discount of up to 75 percent on booking and maintenance fees until January 2016.

If you have any questions or require further information on how to benefit from our EurexOTC Clear

“EMIR Readiness” incentive programme or how to join the scheme, please contact Clearing Sales & Relations at clearingrelations@eurexclearing.com.