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Feb 21, 2014

Eurex Clearing

EurexOTC Clear for Interest Rate Swaps: Introduction of EurexOTC Clear Release 4.0

With EurexOTC Clear Release 4.0, Eurex Clearing will extend its EurexOTC Clear service for Interest Rate Swaps (IRS) by additional functions and services. A major part of EurexOTC Clear Release 4.0 is the preparation of the clearing service for the introduction of the cross margining functionality, which will be introduced in the context of Eurex Clearing Prisma Release 2.0 on 26 May 2014.

The details for the new release are as follows:


Release: EurexOTC Clear Release 4.0
Start of simulation: 17 March 2014
Introduction date: 28 April 2014

Please note that the functions and services introduced with this release will have impact on interfaces and reports of Eurex Clearing.


The attached circular outlines the major functional and technical changes and enhancements.