A member of
About EurexOTC Clear
EMIR 3.0 - active account
CCP Switch
On-boarding
Compression Service
Product Scope
Interest Rate Swaps
Inflation Swaps
Settlement Prices
Service Offering for PSAs
Clearing Member
ISA Direct Member
ISA Direct Light Licence Holder
Clearing Agent
Client
Jurisdictions
Multiple Clearing Relationships
Segregation Set up
Cross-Project-Calendar
Readiness for projects
C7 Releases
C7 SCS Releases
C7 CAS Releases
EurexOTC Clear Releases
Prisma Releases
Member Section Releases
Simulation calendar
Archive
User ID Maintenance
Clearing Hours
Clearing Reports
Product Specifications
Clearing on behalf
Delivery Management
Transaction Management
Collateral Management
Collateral
Transparency Enabler Files
Segregation Models
Reports
Default Fund
Intraday Margin Calls
OTC Clear Procedures
OTC Clear Tutorials
Cross Margining Support
Supplementary Margins
Default Waterfall
Model Validation
Stress testing
Default Management Process
Client Asset Protection under EMIR
Client Asset Protection under LSOC
Credit, concentration & wrong way risk
System-based risk controls
Pioneering CCP Transparency
Haircut and adjusted exchange rates
Securities margin groups and classes
Prices Rolling Spot Future
File services
Bond Clusters
Listed derivatives
OTC derivatives
Listed securities
Cash management
Delivery management
CCP eligible instruments
Eurex Newsletter Subscription
Circulars & Newsflashes Subscription
Corporate Action Information Subscription
Circulars & Readiness Newsflashes
News
Videos
Webcasts on demand
Publications
Forms
Events
FAQs
Production Newsboard
Eurex Clearing
With the present circular Eurex Clearing announces the introduction of the GC Pooling® Equity Basket on the GC Pooling® segment of Eurex Repo GmbH on March 14, 2011.
The new GC Pooling® Equity Basket (ISIN: DE000A1EZNP6) is defined by a top 50 selection of the HDAX® index constituents. Should the equities out of this basket available in the Xemac® collateral pool exceptionally not suffice for settlement of the single transactions, bonds admissible for the GC Pooling® ECB Basket (ISIN: DE000A0AE077) will automatically be used as collateral. The GC Pooling® Equity Basket will be traded, cleared and settled only against euro. The initial list of the eligible HDAX® constituents will be announced the week before the launch date with a dedicated circular.
Conclusion of a new contract in Xemac® respectively Cmax® is a prerequisite for every GC Pooling® participant. All concluded transactions resulting from the GC Pooling® Equity Basket are processed via the existing infrastructure for Euro GC Pooling® at Eurex Repo, Eurex Clearing und Clearstream Banking. The same processes are applied as for the existing Euro GC Pooling® products.
Hereafter you will find detailed information about trading, CCP services, settlement, collateral and risk management, invoicing and simulation.
In the context of the introduction of the new basket and effective March 14, 2011, the German equities accepted as margin collateral will be extended from the DAX® constituents to the top 50 HDAX® constituents, according to the same selection criteria as for the GC Pooling® Equity Basket. Other currently accepted equities remain eligible as margin collateral and Clearing Fund contribution.