A member of
Eurex Clearing
Eurex Clearing Prisma (Prisma) offers with the new portfolio based risk management method an innovative way to provide considerable capital efficiencies to members. In order to facilitate the transition from the currently used Risk-Based Margining (RBM) method to Eurex Clearing Prisma, Eurex Clearing is introducing the new margin method in multiple releases. With every Prisma release, Eurex Clearing will move dedicated asset classes to the new calculation method. The product set that will be migrated to Prisma with release 1 will be Listed Equity Derivatives and Listed Equity Index Derivatives traded at Eurex. However, there will be full parallel support of both methodologies until all members have migrated to Prisma and RBM gets decommissioned.
With this circular, Eurex Clearing announces the start of the member on-boarding phase for Eurex Clearing Prisma release 1 in production for Monday, 27 May 2013. From this day onwards, Clearing Members are able to migrate their portfolio on a Liquidation Group and position account basis and benefit from the efficiencies achieved within Prisma.
In addition, this circular provides members with further information regarding the new Eurex Clearing Prisma reports, the Transparency Enabler Files and how members can benefit from the efficiencies provided with Eurex Clearing Prisma.