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Sep 13, 2017

Eurex Clearing

FX Rolling Spot Futures: Amendments of the Clearing Conditions regarding the introduction of FX Rolling Spot Futures

Effective 6 October 2017, Eurex Clearing will offer clearing services for FX Rolling Spot Futures introduced at Eurex Exchange.

In addition to the amendments of the Clearing Conditions of Eurex Clearing AG (Clearing Conditions) which were made in connection with the introduction of FX Rolling Spot Futures and communicated with Eurex Clearing circulars 009/17 and 019/17, this circular contains further information with respect to Eurex Clearing AG’s (Eurex Clearing’s) service offering and corresponding amendments to the Clearing Conditions regarding the following topics:

  1. Clearing of FX Rolling Spot Futures – swap rate adjustment
  2. Adjustment of General Conditions for Participation

The amended sections of the Clearing Conditions, as decided by the Executive Board of Eurex Clearing, are attached to this circular.

The amendments will come into effect on 6 October 2017.

The Executive Board of Eurex Clearing AG decided to waive maintenance fees for FX Rolling Spot Futures until further notice.

Information related to trading of the FX Rolling Spot Futures are contained in Eurex circular 097/17.